Maître d’Hôtel, Élodie
Managing Agricultural and Food Price Volatility
- 2012.
59
The management of agricultural price volatility in developing countries is at the heart of policy debates. Building upon the recent experiences of Madagascar, Mali, and Zambia, we show that the efficiency of policies in managing price volatility depends on the way policies are defined and implemented. In order to be effective, stabilization policies should be based on solid evaluations and knowledge, be predictable, have secure funding, and government agencies should be capable of monitoring enforcement. This opens the way to a reflection on the risky character of pursued policies, according to countries, and on the replicability of stabilization policies from one country to another, in a context in which a “one size fits all” message tends to prevail.