The Effects of Exchange Rates and Commercial Policy in Agricultural Incentives in Colombia: 1953-1978

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Agricultural price policy is a widely recognized overt means of influencing agricultural production incentives, but its effects are complex. A number of researchers at the International Food Policy Research Institute (IFPRI) have examined the interplay between production incentives and consumer burdens, both in static and dynamic environments. Raisuddin Ahmed, P.S George, Shubh Kumar, James Gavan, and Indrani Sri Chandrasekera have each treated particular aspects of these producers and consumer price effects in recent IFPRI publications. Work on the other aspect is under way.

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