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Government Controlled Agriculture?

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Mike

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The Impact on Farmers of Privatizing Parastatal Agricultural Monopsonies

Paul Makdissi, Université de Sherbrooke
Quentin Wodon, World Bank


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International Financial Institutions have advocated the privatization of integrated agricultural monopsonies in developing countries with the hope that competition between private firms under a contract farming system would reduce inefficiencies in production and enable farmers to obtain a higher share of world commodity prices. Using a very simple theoretical model, this paper shows however that the impact of privatization and contract farming may not be positive for all farmers.

Submitted: May 12, 2004
Accepted: July 27, 2005

SUGGESTED CITATION:
Paul Makdissi and Quentin Wodon (2005) "The Impact on Farmers of Privatizing Parastatal Agricultural Monopsonies", Journal of Agricultural & Food Industrial Organization: Vol. 3: No. 2, Article 7.
http://www.bepress.com/jafio/vol3/iss2/art7

Look up the word..."Parastatal". It means; "Government Controlled".
 

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