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Agricultural Policies in Emerging Economies 2009

Monitoring and Evaluation

image of Agricultural Policies in Emerging Economies 2009
This report analyses policy agricultural developments during 2006-08 in seven economies: Brazil, Chile, China, India, Russia, South Africa and Ukraine. This period was marked by a significant increase in world prices for most, but not all, agricultural commodities. Policy responses to rising food prices included tariff reductions, export restrictions, increased minimum prices and price controls, input subsidies, sales of stocks and direct transfers to the most disadvantaged. Other major common policy developments included: expanded government-supported credit facilities and/or debt rescheduling, endeavours to improve the delivery and performance of agricultural policies, extended coverage of insurance programmes and further efforts in land reform. A comprehensive statistical annex containing a wide range of contextual information for these economies is also included in this report.

Estimates of support to agriculture in six economies (India is not yet covered) from 1995 to 2007 are provided, in conformance with recent changes to the OECD measurement methodology. This allows a consistent comparison across emerging economies and with OECD countries in terms of changes in the level and composition of support to producers and the sector as a whole.

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India

Compared to the robust growth in other sectors of the economy, the performance of Indian agriculture remains rather poor as indicated by slow and erratic growth rates since the mid-1990s. This has become a key concern of the government as confirmed by the main objective of the 11th Five Year Plan for 2007-12, to make growth more inclusive.

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