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The effects of trade and exchange rate policies on production incentives in agriculture

, : The effects of trade and exchange rate policies on production incentives in agriculture. FAO Economic and Social Development Paper ( 96): vi + 90pp.

Structural adjustment programmes (SAPs) pay particular attention to resource allocation on the basis of less distorted relative prices; trade and exchange rate policy reforms are thus of paramount significance. This study examines the importance of trade and exchange rate policy conditions in the World Bank and IMF's SAPs and discusses alternative measures of the real exchange rate and its major determinants.

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