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Transmission of global food prices to domestic prices in developing countries : why it matters, how it works, and why it should be enhanced (English)

Transmission of international food prices to domestic prices is essential to pursue comparative-advantage-based, sustainable agricultural production, and to ensure domestic production responds to global food scarcity or surplus. (i) International prices are opportunity costs for most price-taking developing countries and are crucial in determining an efficient distribution of domestic resources. When the long-term trend of international prices is...
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Zorya,Sergiy; Townsend,Robert; Delgado,Christopher L..

Transmission of global food prices to domestic prices in developing countries : why it matters, how it works, and why it should be enhanced (English). Washington, DC: World Bank. http://documents.worldbank.org/curated/en/234511468316442852

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