Markets Need Predictable Government Actions to Function Effectively: The Case of Importing Maize in Times of Deficit

Jan J. Nijhoff, Thomas S. Jayne, Billy Mwiinga, James D. Shaffer

AgEcon Search (University of Minnesota, USA) · 2002 · 21 citations · 0 references

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Abstract

Food relief for vulnerable groups is important in times of deficit. For the remainder of the population, well functioning grain markets can save lives during times of food shortfalls. This note illustrates how predictable Government behavior in the market can improve markets’ ability to meet the needs of consumers.