Market liberalization and food security in Mali
Abstract
Since 1981 Mali has been fundamentally restructuring its economy, aimed at placing greater reliance on the market as a coordinating mechanism, redefining the state’s role in the economy, and stabilising macroeconomic variables such as the balance of payments, the government budget, the rate of inflation, and the growth of national income. This structural adjustment process has involved a broad range of activities, including rewriting of the commercial and fiscal codes. The centerpiece of the reforms has been the liberalization of the cereal markets, under the multi-donor financed Cereal Market Restructuring Project, known by its French acronym, PRMC