In theory, moving from price-based subsidies for agriculture to less-distorted income support programs makes sense. In practice, income-support programs have many shortcomings, and developing countries may lack the support mechanisms needed to make them effective.Drawing on experience with...

This report evaluates the World Bank's experience with the fifty agricultural adjustment operations (agsecals) approved by the Board since 1979 and reflects the impact of Bank programming of a world wide shift in the development paradigm. The report looks at theory and impact, focusing on supply...