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Markets and Famines

ISBN-10: 0198287275
ISBN-13: 9780198287278
Edition: 1987 (Reprint)
Authors: Martin Ravallion
List price: $42.00
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Description: Famines have presented a persistent challenge to economic thought, provoking debates over the importance of aggregate food availability and the role of markets and governments in allocating limited food. This study of the economics of famine applies  More...

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Book details

List price: $42.00
Copyright year: 1987
Publisher: Oxford University Press, Incorporated
Publication date: 3/22/1990
Binding: Paperback
Pages: 212
Size: 5.75" wide x 8.75" long x 1.00" tall
Weight: 0.638
Language: English

Famines have presented a persistent challenge to economic thought, provoking debates over the importance of aggregate food availability and the role of markets and governments in allocating limited food. This study of the economics of famine applies some modern methods of economic investigation to such issues, showing how the sharp increases in mortality observed during famines can arise without a decline in aggregate food availability, and how the markets' use of information about future scarcity is crucial to their performance during a famine. Including a detailed empirical investigation of the 1974 famine in Bangladesh, this book sheds new light on the way markets work during famines and on the effects of policies aimed at famine relief or prevention.

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