Implementing a Southern Africa development community-regional public stockholding to enhance food security under world trade organisation rules
Loading...
Date
2024
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
University of the Western Cape
Abstract
Public Stockholding (PSH) entails government procurement of staple food commodities, such as grain, for storage and subsequent release. This stock is managed by government-run entities or public institutions.
Procurement can take place through international markets at an import price, within the domestic market at the prevailing price, or within the domestic market at a set procurement price, which may be fixed or regulated (administered price). The release of stockpiles can be managed by selling them in international markets at an export price, to domestic consumers at the current market price, or to domestic consumers at a subsidised price that is lower than the market rate.
Description
Keywords
Public stockholding, Staple food, Domestic market, International market, Procurement
Citation
N/A