Improving Agricultural Market Performance:
Creation and Development of Market Institutions
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The Conceptual Framework, including the classification of the market institutions presented
above, is the basis for the analysis presented in the remainder of this study. Subsequent
chapters will explore how institutions have been created with the aim of improving both the
efficiency of agricultural markets and their ability to fulfill important social objectives, in both
OIC Member and non-Member Countries. The discussion will include analyzing the rationale
for their creation, their structure, and their operations. It will explore how these have evolved
over time, and will also identify and discuss the underlying reasons for successes and failures
of selected institutions and market interventions.
The study also provides an overview of the current situation of agricultural and food market
institutions in all OIC Member Countries, including identification of the key institutions and
their enabling legislation, administrative structures, and operations.
Following this, the study assesses the relationship between market institutions market
performance, in both positive and negative ways. This discussion is supported by with
examples from experiences in both OIC member and non-OIC countries.
The study then undertakes an in-depth analysis of market institutions and interventions in
four countries: OIC Member Countries Indonesia, Tunisia, and Uganda, as well as South Africa,
a non-member country.
The study finally presents the key findings and observations from the preceding chapters and
offers conclusions regarding the effectiveness of different forms of market institutions and
interventions, and presents recommendations on measures that OIC Member Countries may
adopt both individually and jointly.