As a reaction to higher and more volatile food prices, many developing countries accelerated accumulation and distribution of public grain stocks and many intend to establish new reserves. While the public stocks can indeed help smooth out local prices, induce growth and support the poor in a case of emergencies, they can also become a burden if improperly designed and managed. In the past, food stocks in many countries failed to achieve stated objectives and continue to place large costs on taxpayers and the economy. This report reviews the lessons learned from evidence from a wide number of cases around the developing world, mistakes made, and successes achieved, and recommends main principles for successful management of stocks to enhance food security.
- ISBN10 082139648X
- ISBN13 9780821396483
- Publish Date 1 October 2012
- Publish Status Cancelled
- Publish Country US
- Imprint World Bank Publications
- Format Paperback
- Pages 104
- Language English