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Food Policy: Its Role in Price Stability and Food Security

Author

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  • David, Cristina C.

Abstract

Due to the increase in prices of basic agricultural commodities in 1995, food price stability and food security have again emerged as a major policy concern. This paper argues that the sharp increases in prices of rice; largely the choice and management of policy instrument have caused corn and sugar. Highly protectionist policy on tariffs imposed on sensitive agricultural products is not sustainable over a prolonged period of time. Moreover, bidding out of the right to import while retaining quotas, can minimize gross errors in timing and amount of importation.

Suggested Citation

  • David, Cristina C., 1997. "Food Policy: Its Role in Price Stability and Food Security," Discussion Papers DP 1997-11, Philippine Institute for Development Studies.
  • Handle: RePEc:phd:dpaper:dp_1997-11
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    Cited by:

    1. Yao, Richard T. & Shively, Gerald E. & Masters, William J., 2005. "How Successful Are Government Interventions In Food Markets? Insights From The Philippine Rice Market," 2005 Annual meeting, July 24-27, Providence, RI 19263, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Abrigo, Michael R.M., 2016. "Who Weans with Commodity Price Shocks? Rice Prices and Breastfeeding in the Philippines," Research Paper Series DP 2016-28, Philippine Institute for Development Studies.
    3. Abrigo, Michael R.M., 2016. "Who Weans with Commodity Price Shocks? Rice Prices and Breastfeeding in the Philippines," Discussion Papers DP 2016-28, Philippine Institute for Development Studies.
    4. Intal, Ponciano Jr. S. & Cu, Leah Francine & Illescas, Jo Anne, 2012. "Rice Prices and the National Food Authority," Discussion Papers DP 2012-27, Philippine Institute for Development Studies.

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