The political economy of China's grain policy reform / by (Esther) Yi Ping Shea

Abstract

Develops a coherent theoretical framework to analyse the formulation of grain procurement policy for the entire history of the PRC. An optimization model is constructed to capture Chinese policy makers' preferences regarding the competing objectives of sectoral income distribition and food security, as well as the factors governing the trade-off between thes two objectives and the choice of policy instruments. Also analyses the impacts of China's accession to WTO on its grain sector. To explain the numerous failures of China's grain policy, studies the problems arising from policy formulation and implementation.