Linking macroeconomic and agricultural policies for adjustment with growth : the Colombian experience / Vinod Thomas ; with contributions from Sebastian Edwards [and others].

Author
Thomas, Vinod, 1949- [Browse]
Format
Book
Language
English
Published/​Created
Baltimore : Published for the World Bank [by] the Johns Hopkins University Press, ©1985.
Description
xvii, 252 pages : illustrations ; 24 cm.

Availability

Copies in the Library

Location Call Number Status Location Service Notes
Forrestal Annex - AHC197 .T38 1985 Browse related items Request

    Details

    Subject(s)
    Series
    A World Bank publication
    Summary note
    In the early 1980s, Colombia's economic performance slowed. During 1983-84, when this study was completed, Colombia's external accounts were facing significant difficulties. Faced with growing balance of payments problems, the government initiated an adjustment program that emphasizes export development and fiscal and monetary restraint. Some of the problems of the external sector during the first half of the 1980s could be attributed to a slowdown in the expansion of noncoffee production and exports combined with a downswing in coffee prospects. Equally important, however, were the unfavorable trends in the capital markets, which were responding to the economic and debt woes of Latin America. While international factors are crucial to an understanding of the evolving situation, this study is focused on domestic measures managed by policymakers. The book also establishes some of the requirements of medium-term performance and, emphasizing the need for sectoral revitalization, it reviews growth options in agriculture. The book is in four parts. First, it discusses trade-related macroeconomic policies, with special attention given to their connection with agriculture. This discussion includes: an overview of issues and the effects of macroeconomic policy on the agricultural sector; a review of export policy focused on management of export incentives; and import policy alternatives. Second, the study includes an assessment of price policies in agriculture, including price support and import restrictions; price stabilization issues; and policies regarding coffee production and pricing, and issues related to agricultural diversification. Third, the study examines nonpricing issues that influence the production environment in agriculture, including public and private sector investment in agriculture, and direct policies aimed at increasing agricultural productivity. Finally, the study draws out the main conclusions of the work.
    Bibliographic references
    Includes bibliographies and index.
    ISBN
    • 0801831210
    • 9780801831218
    LCCN
    85045105
    OCLC
    12421136
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