INSTITUTIONS AND PRICE TRANSMISSION IN THE VIETNAMESE HOG MARKET

This article addresses the issue of whether different market institutions are accompanied by different degrees of efficiency and symmetry of price transmission between the producer and retail levels. It analyzes hog market institutions as they differ between the North and the South regions of Vietnam. The paper uses a price asymmetry model including an error correction term to reconcile potential cointegration relations with symmetry. The analysis shows that the market is efficient in conveying accurate information, provided public support institutions are in place.Livestock Production/Industries, Marketing,

Commercialisation d'un produit agricole dans un contexte économique "de transition" : la filière viande porcine de Nam Thanh à Hai Phong

En 1988, le gouvernement vietnamien a opté pour une politique de " rénovation " qui a conduit le pays d'une économie centralisée socialiste à une économie libérale. Les fermes d'Etat et la collectivisation se sont effacées pour laisser place à un paysage agricole où les terres sont attribuées aux paysans et où l'exploitation individuelle est reconnue à part entière. L'élevage traditionnel des porcs a subsisté mais les modalités de sa commercialisation sont devenues différentes et sont en pleine recomposition. Nous montrons comment, sans aucune politique sectorielle spécifique incitant à une forme particulière d'échange, les acteurs s'organisent pour que le porc, puis la viande porcine, soient acheminés du producteur jusqu'au consommateur. Cet article met en évidence l'importance de l'accès à l'information et au crédit dans un environnement incertain où la consommation dans les grandes villes tend de plus en plus vers une viande maigre. Il montre aussi comment certains acteurs utilisent ces paramètres pour devenir les agents-clés de cette filière. Dans un contexte " libéral " (sans intervention directe de l'Etat), le marché parfait ne s'impose pas naturellement. Les modalités de l'évolution de l'organisation précédemment décrite sont analysées en fin d'article. (Résumé d'auteur

INSTITUTIONS AND PRICE TRANSMISSION IN THE VIETNAMESE HOG MARKET

This article addresses the issue of whether different market institutions are accompanied by different degrees of efficiency and symmetry of price transmission between the producer and retail levels. It analyzes hog market institutions as they differ between the North and the South regions of Vietnam. The paper uses a price asymmetry model including an error correction term to reconcile potential cointegration relations with symmetry. The analysis shows that the market is efficient in conveying accurate information, provided public support institutions are in place

DISPOSITIFS INSTITUTIONNELS ET INTEGRATION DES MARCHES LA COMMERCIALISATION DU PORC AU VIETNAM

MONTPELLIER-SupAgro La Gaillarde (341722306) / SudocSudocFranceF

How to improve the provision of global public goods

The studies in the volume suggest that the world is at a turning point in the provision of global public goods. There are many signs of adaptive inefficiency, with institutional change lagging far behind rapidly evolving realities.1 So, even the best-intentioned policies often lead to limited or distorted results. But incipient institutional reforms are discernible: existing molds are becoming brittle, and policymaking and public management patterns are being reconfigured. There is a clear window of opportunity for further change. Based on the analyses in the volume, addressing the following problems seems especially urgent: ● Standard concepts and theories on public goods are inadequate for understanding current realities, capturing the growing phenomenon of global public goods, and providing effective policy guidance. ● Decisionmaking systematically excludes some of those affected by global public goods. ● Financing often comes out of international development assistance. ● The organization of production is compartmentalized and scattered. Most of the chapters’ suggestions on how these problems could be solved build on current reforms and are aimed at nudging forward ongoing change—toward a more adequate provision of global public goods. The case studies, in particular, provide more detailed and issue-specific analyses (see the annex for a brief summary of the case studies). The policy recommendations emanating from the entire volume can be summarized in four parts: refurbishing the analytical toolkit, matching circles of stakeholders and decisionmakers, systematizing the financing of global public goods, and spanning borders, sectors, and groups of actors

Providing global public goods: managing globalization

Elaborating on the concepts first introduced in Global Public Goods, this book addresses the long overdue issue of how to adjust the concept of public goods to today\u27s economic and political realities. The production of global public goods requires the orchestration of initiatives by a large number of diverse actors across different levels and sectors. It may require the collaboration of governments, business and civil society, and in most cases it almost certainly calls for an effective linkage of the local, national, regional, and global levels. In light of today\u27s new realities, this book examines a series of managerial and political challenges that pertain to the design and implementation of production strategies and the monitoring and evaluation of global public goods provision. As participatory decision-making enhances the political support for-and thus the effectiveness of-certain policy decisions, this volume offers suggestions on a number of pragmatic policy reforms for bringing the global public more into public policy making on global issues. Nine case studies examine the importance of the global public good concept from the viewpoint of developing countries, exploring how and where the concerns of the poor and the rich overlap. Providing Global Public Goods offers important and timely suggestions on how to move in a more feasible and systematic way towards a fairer process of globalization that works in the interests of all