Turkmenistan: The Burden of Current Agricultural Policies
This paper analyses the economic costs of current agricultural policies in Turkmenistan. It argues that the opportunity cost of continuing with these policies is very high for the budget, the average farmer, and the economy as a whole. The paper calls for the development of nontraditional agricultural crops, which are more profitable than wheat and cotton in the international commodity markets, and a comprehensive and sustained reform strategy for the agricultural sector.
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Volume/Issue:
Volume 2000
Issue 098
Publication date: June 2000
ISBN: 9781451852134
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Topics covered in this book
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Business and Economics , Exports and Imports , Agribusiness , WP , price , Turkmenistan , exchange rate , Turkmen economy , agricultural policies , transition economies , cost of protection , procurement price , import contract , f , o , b , export price , unit value index , energy import price , Turkmen government , Agricultural commodities , Agricultural sector , Exports , Exchange rates , Agricultural policy , Central Asia , Eastern Europe
Summary
This paper analyses the economic costs of current agricultural policies in Turkmenistan. It argues that the opportunity cost of continuing with these policies is very high for the budget, the average farmer, and the economy as a whole. The paper calls for the development of nontraditional agricultural crops, which are more profitable than wheat and cotton in the international commodity markets, and a comprehensive and sustained reform strategy for the agricultural sector.
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