Marketing Boards

THE NEW PALGRAVE DICTIONARY OF ECONOMICS, 2nd Edition, Lawrence E. Blume and Steven N. Durlauf, eds., London: Palgrave Macmillan, Forthcoming

12 Pages Posted: 26 Jun 2008

See all articles by Christopher B. Barrett

Christopher B. Barrett

Cornell University - Charles H. Dyson School of Applied Economics & Management

Emelly Mutambatsere

affiliation not provided to SSRN

Abstract

Marketing boards (state-controlled or state-sanctioned entities legally granted control over the purchase or sale of agricultural commodities) flourished in the 20th century in both developed and developing economies. Since the mid-1980s they have declined in number under pressure from domestic liberalization and from international trade rules that increasingly cover agriculture. Where reforms have been widespread and successful, marketing boards have vanished or retreated to providing public goods, such as strategic grain reserves or insurance against extraordinary price fluctuations. Where reforms have been less successful, the weaknesses of private agricultural marketing channels have been revealed by the rollback of marketing boards, often leading to calls for reinstatement of powerful marketing boards.

Suggested Citation

Barrett, Christopher B. and Mutambatsere, Emelly, Marketing Boards. THE NEW PALGRAVE DICTIONARY OF ECONOMICS, 2nd Edition, Lawrence E. Blume and Steven N. Durlauf, eds., London: Palgrave Macmillan, Forthcoming, Available at SSRN: https://ssrn.com/abstract=1142519

Christopher B. Barrett (Contact Author)

Cornell University - Charles H. Dyson School of Applied Economics & Management ( email )

315 Warren Hall
Ithaca, NY 14853-7801
United States
607-255-4489 (Phone)
607-255-9984 (Fax)

HOME PAGE: http://aem.cornell.edu/faculty_sites/cbb2/

Emelly Mutambatsere

affiliation not provided to SSRN ( email )

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