“The study has four primary objectives. The profile of agricultural policies over the 1970–1993 period is the first. The profile includes agricultural policies in the development plans and annual and ad hoc budgets; it also covers fiscal and monetary policies and programmes and institutional changes. Second, the study computes and analyses the implementation deviation for important agricultural policy variables. Third, it investigates the stability of agricultural policies from the “policy profile” and computes volatility indexes for selected quantitative indicators of policy. Finally, the study deduces possible
explanations for observed policy (in)stability.”
