Research Catalog

Trade, exchange rates, and agricultural pricing policy in Portugal / Francisco Avillez, Timothy J. Finan, and Timothy Josling.

Title
Trade, exchange rates, and agricultural pricing policy in Portugal / Francisco Avillez, Timothy J. Finan, and Timothy Josling.
Author
Avillez, Francisco, 1945-
Publication
Washington, D.C. : World Bank, c1988.

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TextRequest in advance HD2028 .A94 1988Off-site

Details

Additional Authors
  • Finan, Timothy J.
  • Josling, Tim, 1940-2018
Description
xi, 365 p. : map; 28 cm.
Summary
Agricultural policy in Portugal, like the industry itself, has had a strongly regional flavor. Most of the government's support for agriculture until the mid-1960s was given to the latifundia areas of southern Portugal, principally through high wheat prices. In turn, the large landowners of the South supported the Salazar regime. By the late 1960s the government's emphasis had shifted to the small-farm areas of the North, with programs to encourage milk production, and to the central valleys, where tomato processing and livestock feeding were stimulated. Meanwhile, cereal prices remained highly protected. The 1974 Revolution, coinciding with a period of rapid inflation in Portugal and high international commodity prices, changed the orientation of farm policies. For most of the 1970s the emphasis was on cheap food for the urban workers, and considerable sums of money were spent on consumer subsidies. The need to control government spending and a desire to stimulate production led to a return in the early 1980s to higher producer prices and the removal of consumer subsidies. The higher producer prices for cereals are now being reduced as a part of the transitional arrangements following the accession of Portugal to the European Community in 1986. This study shows that economy-wide policies had a small impact on agricultural incentives compared to sector-specific policies during the period analyzed.
Series Statement
World Bank comparative studies. The Political economy of agricultural pricing policy
Uniform Title
World Bank comparative studies. Political economy of agricultural pricing policy
Subjects
Note
  • Chiefly tables.
Bibliography (note)
  • Bibliography: p. 126.
Processing Action (note)
  • committed to retain
ISBN
0821311204
LCCN
^^^88020816^
OCLC
18351750
Owning Institutions
Harvard Library