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Table of Contents
List of Tables.............................................................................................................................................................v List of Figures ...........................................................................................................................................................v List of Abbreviations............................................................................................................................................ vi Executive Summary............................................................................................................................................... 1 Introduction............................................................................................................................................................. 8 Chapter 1 – Conceptual Framework .............................................................................................................10 1.1 Introduction to Marketing Systems....................................................................................................................... 11 1.1.1 Defining Markets and Market Systems ........................................................................................................11 1.1.2 Participants of Market Systems ....................................................................................................................12 1.2 Introduction to Agricultural & Food Markets.................................................................................................... 13 1.2.1 Importance of Agricultural & Food Market Systems .................................................................................13 1.2.2 Private Sector Participation in Agricultural & Food Market ....................................................................16 1.2.3 Government Intervention in Agricultural & Food Markets ......................................................................17 1.3 Introduction to Agricultural & Food Market Institutions ............................................................................. 20 1.3.1 Purpose and Types of Agricultural & Food Market Institutions ..............................................................20 1.3.2 Roles, Duties, and Responsibilities of Agricultural & Food Market Institutions ...................................26 1.4 Conceptual Framework for the Study................................................................................................................... 28 Chapter 2 – Developments of Market Institutions in the World ........................................................31 2.1 Historical Development of Market Institutions ................................................................................................ 31 2.2 Historical Development of Agricultural & Food Market Institutions ....................................................... 32 2.3 Recent Trends in the Development of Market Institutions .......................................................................... 34 2.4 Recent Trends in the Development of Agricultural & Food Market Institutions ................................. 35 2.5 Selected Good Practices of Agricultural & Food Marketing Institutions................................................. 38 2.5.1 Commodities Exchanges ................................................................................................................................40 2.5.2 Marketing Boards ............................................................................................................................................42 2.5.3. Public-Private Collaborations ......................................................................................................................49 2.5.4 National Coordinating Agencies ...................................................................................................................52 2.5.5 Lessons Learned ..............................................................................................................................................57 2.6 Reflection......................................................................................................................................................................... 58 Chapter 3 – Overview of Agricultural & Food Market Institutions in the OIC ...............................60 3.1 The Problems Agricultural Market Institutions Seek to Address .............................................................. 61 3.2 Agricultural & Food Market Institutions in the OIC ........................................................................................ 63