The starting point of Paul Streeten's book is the dilemma, faced by
policy makers in many developing countries: should the price of
food be high, in order to stimulate production, or low, in order to
prevent poor food buyers from starving? The author goes on to
discuss the role of prices in the light of these and other
objectives. 'It is the work of one of our wisest scholars on what I
consider to be the key policy issue for economic development in the
1980s...this provocative essay will be required reading for anyone
working on agricultural price policy.' C.Peter Timmer 'It provides
solid and practical guidance to scholars and decision-makers. It is
lucid, balanced and, above all, useful.' Robert Klitgaard 'Paul
Streeten is well known for his gift of explaining the pros and cons
of difficult policy issues in a clear, simple and realistic way,
appealing to policy-makers, students and the wider development
community, as well as to academic colleagues. This gift is fully
displayed in his new book, and readers are bound to emerge with a
better awareness of the conflicts and policy reforms which are
involved.' H.W.Singer
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