000 02520cam a22003734a 4500
001 695
003 The World Bank
006 m d
007 cr cn|||||||||
008 020129s1997 dcu o i001 0 eng
020 _a0821339095
_c14.99 USD
020 _z9780821339091
024 8 _a10.1596/0-8213-3909-5
035 _a(The World Bank)695
100 1 _aMeerman, Jacob
245 1 0 _aReforming agriculture
_h[electronic resource]
_bThe World Bank goes to market
_cMeerman, Jacob
260 _aWashington, D.C. :
_bThe World Bank,
_c1997
300 _a1 online resource (180 p.)
490 1 _aIndependent Evaluation Group Studies
520 3 _aThis report evaluates the World Bank's experience with the fifty agricultural adjustment operations (agsecals) approved by the Board since 1979 and reflects the impact of Bank programming of a world wide shift in the development paradigm. The report looks at theory and impact, focusing on supply response, and finds that supply response is symmetrical, synergistic, and depends on the reform credibility. The report finds unfinished business in the areas of: food security, performance indicators, international input markets, domestic agricultural commodity and import markets, and the political economy of agricultural reforms. Nevertheless, best practice work in the Bank on a number of basic agricultural reforms (pricing reforms, reform of public enterprises and public expenditure programs) is satisfactory. The report gives several recommendations: a) the Bank should develop a comprehensive good practice statement; b) modification of the agsecal as a lending instrument is needed; and c) other kinds of lending should be encouraged including hybrid agsecals, policy-oriented agricultural sector investment operations and investment projects with front-loading of policy reforms related to the proposed investments.
588 _aDescription based on print version record.
650 4 _aAccess to Finance
650 4 _aBanks and Banking Reform
650 4 _aEconomic Theory and Research
650 4 _aFinance and Financial Sector Development
650 4 _aFinancial Literacy
650 4 _aMacroeconomics and Economic Growth
650 4 _aRural Development Knowledge and Information Systems
700 1 _aMeerman, Jacob
776 0 8 _aPrint Version:
_z9780821339091
830 0 _aIndependent Evaluation Group Studies
830 0 _aWorld Bank e-Library.
856 4 0 _uhttp://elibrary.worldbank.org/doi/book/10.1596/0-8213-3909-5
999 _c15023
_d15023