2019, Volume 16, Paper 2
ISSN: 1449-7875
Drought Assistance Policy Options
John Freebairn – University of Melbourne
Abstract
Drought is an inevitable and recurring characteristic of the farm business. Farm business subsidies are both inefficient and an ineffective welfare support. The Farm Household Allowance is a better welfare support policy, but the current design raises issues of implementation and of equity across others in need. Long term support of provision of information and assistance in better decision making are worthwhile policy options for responding to drought and other uncertainties.
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