Oyejide's chapter poses the problem of choice of policy instruments. As political motivations dominate in many countries in sub-Saharan Africa, the choice of policy instruments has been very often erratic. Oyejide clearly illustrates this dilemma. Protection under an inward-looking regime combined with overevaluation has directed resources away from the agricultural sector in Nigeria, inflicting heavy cost on rural consumers and producers while subsidizing urban consumers. In many other countries, particularly Ivory Coast, an outwardlooking policy limited protection of the industrial sector, and sound fiscal and distributional policies have raised incomes in rural areas and maintained a steady increase in export commodity and food production.
Data provider
About IFPRI
The International Food Policy Research Institute (IFPRI) provides research-based policy solutions to sustainably reduce poverty and end hunger and malnutrition in developing countries. Established in 1975, IFPRI currently has more than 500 employees working in over 50 countries. It is a research center of theCGIAR Consortium, a worldwide partnership engaged in agricultural research for development.