Sunday, September 6, 2009

Political economy of agriculture pricing.Stanford University.

As stated by Zelaya, the recently deposed President of Honduras, the basic wage of a worker in that country is not enough to buy food for the family during a month ...

"...inflation could go higher based on the economy."
"The recession also slowed growth in developing countries, reducing the demand for meat and other food exports. That has increased the supply available in the United States, driving down the price."

"One reason we're not seeing prices go up so much right now is we had a massive recession that caused people to cut back,"
(Inside United States...)2010 food prices would increase between 2.5 percent and 3.5 percent, not near the records that were set in 2008 of 5.5 percent. The 10-year average for food-price inflation for 1997 to 2006 is about 2.5 percent,Corinne Alexander, an agricultural economist, Purdue UniversityAugust 27, 2009
Economy, lower commodity prices slowing food cost growth

Political economy of agricultural policy
Public Choice
Springer Netherlands
0048-5829 (Print) 1573-7101 (Online)
Volume 87, Numbers 1-2 / April, 1996
Subject Collection
Business and Economics
SpringerLink Date
Monday, November 08, 2004
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Political economy of agricultural policy
Anne O. Krueger1

Department of Economics, Stanford University, 94305-6072 Stanford, CA, U.S.A.
Accepted: 8 August 1995
Abstract In this article, I focus on the findings from this study on the political economy of agricultural policy as they inform questions about the political economy of agricultural pricing, primarily but not exclusively in developing countries. To do so, first I provide some background data on the comparative study. I sketch the various stylized facts that were believed at the time, and contrast them with the regularities that emerged from the comparative study. Finally, I indicate some of the systematic empirical regularities and suggest the political economy conclusions which emerge from them.
Invited lecture, reporting on some of the major results of the World Bank Project on the Political Economy of Agricultural Pricing Policy, presented at the meetings of the European Public Choice Society in April 1995.

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