Turkmenistan: The Burden of Current Agricultural Policies

June 1, 2000

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

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.

Subject: Agricultural commodities, Agricultural policy, Agricultural sector, Commodities, Economic sectors, Exchange rates, Exports, Foreign exchange, International trade

Keywords: Agricultural commodities, agricultural policies, Agricultural policy, Agricultural sector, Central Asia, cost of protection, Eastern Europe, energy import price, exchange rate, Exchange rates, Exports, f.o.b. export price, import contract, price, procurement price, transition economies, Turkmen economy, Turkmen government, Turkmenistan, unit value index, WP

Pages:
25
Volume:
2000
DOI:
---
Issue:
098
Series:
Working Paper No. 2000/098
Stock No:
WPIEA0982000
ISBN:
9781451852134
ISSN:
1018-5941

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