Arbeitspapier
The political economy of food price policy: A synthesis
This paper identifies eight political economy factors that influenced governments' policy choices during the most recent global food price crisis. To explain the variety of responses and the policy failures, a framework is proposed that locates policies along the twin dimensions of unitary vs. fragmented decision-making processes and social welfare maximizing vs. self-interested policy goals. Policies are favoured that maintain government legitimacy and produce private benefits for the best-connected stakeholders. Policy interventions were frequently ad hoc and delayed because of lack of market information, conflicts among fragmented government agencies in all governments, and extended deliberations among competing stakeholder groups.
- ISBN
-
978-92-9256-006-5
- Sprache
-
Englisch
- Erschienen in
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Series: WIDER Working Paper ; No. 2015/117
- Klassifikation
-
Wirtschaft
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
Bureaucracy; Administrative Processes in Public Organizations; Corruption
Agricultural Policy; Food Policy
- Thema
-
political economy
food prices
public choice
rent-seeking
- Ereignis
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Geistige Schöpfung
- (wer)
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Watson, Derrill D.
- Ereignis
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Veröffentlichung
- (wer)
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The United Nations University World Institute for Development Economics Research (UNU-WIDER)
- (wo)
-
Helsinki
- (wann)
-
2015
- DOI
-
doi:10.35188/UNU-WIDER/2015/006-5
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Watson, Derrill D.
- The United Nations University World Institute for Development Economics Research (UNU-WIDER)
Entstanden
- 2015
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