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book chapter

Fiscal cost and welfare effects of the maize subsidy

The Mexican government has been involved in regulating the prices of staples since the 1930s.1 Formally, the dual objectives of this long-standing intervention have been to protect the rural campesinos (peasants) against speculators and drastic…

book chapter

Costs and benefits of food subsidies in India

Government interventions in foodgrain markets have existed in India in one form or another for about four decades, starting during the Second World War. Because supplies from Burma were cut off during the war, price controls and movement restrictions…

book chapter

Food subsidy changes in Sri Lanka: The short-run effect on the poor

When a basic needs approach began to be emphasized in development economics, Sri Lanka gained much prominence due to its long-standing involvement in broad social welfare policies.1 Long before the advent of the basic needs approach, Sri Lanka had…

book chapter

Food subsidies in Egypt: Macroeconomic and trade implications

The principal theme of this chapter is the implications of the Egyptian food subsidies for such macroeconomic measures as nonfarm output, the government's budget, inflation, the exchange rate, and the balance of payments. There is, however, an…

book chapter

Effects of Brazilian wheat subsidies on income distribution and trade

Brazilian wheat policy as considered in this chapter consists of two relatively separate components: production policies and consumption policies. Both components derive from a number of national goals, including selfsufficiency in wheat supply,…

book chapter

Food consumption and nutritional effects of consumer-oriented food subsidies

An examination of the experience of the various countries operating food subsidies reveals great diversity in the objectives, instruments, and effects of these programs. However, three broad observations can be made that are relevant to the analysis…