Book Description

The darker the shade of blue for the policy, the more direct the impact is on the agricultural bias, while the lighter shades are for policies that have less impact. [...] Other prices in the chain include the price that incorporates the cost of transportation to the export market or processor, the price paid on the wholesale market, the price at a terminal port if the commodity is to be exported, and the price paid by a contract holder on a futures exchange. [...] As noted previously, while indicators and methods exist to measure the degree of anti- agricultural bias, these indicators themselves do not pinpoint the causes of the problem.4 Indeed, a contributing factor toward a negative relative rate of assistance measurement could be the result of the presence of a detrimental policy or the absence-by design or oversight-of a basic policy that is a foundati [...] To diagnose the cause of a positive or negative agricultural bias requires answering the following questions: 1. Does the negative relative rate of assistance in agriculture mainly originate from policies tied to the agricultural sector or the non-agricultural sector? [...] The coloured bars indicate the relative contribution to the NRP by product, with bars to the right of the vertical axis indicating that the product has a positive NRP, while bars to the left indicate a negative NRP.