Drought and structural adjustment

dc.contributor.author	McColl, J.
dc.contributor.author	Young, M.
dc.date.issued	2006
dc.description.abstract	Australian history is rich with stories of the adverse effects of attempting to shore up existing businesses experiencing financial difficulties rather than allowing new businesses the opportunity to enter and other existing businesses to adjust and expand. For drought policy, this observation presents a dilemma – does one help those in need or does one bite the bullet and let change occur? Nearly all recent reviews have made the observation that communities and also long-term productivity will be best served in terms of equity and efficiency if drought policy restricts itself to the delivery of programs that expedite change and, where necessary, provide welfare assistance to families using a separate policy processes. This approach makes it possible to allow the best businesses to prosper whilst simultaneously providing welfare assistance to families in need.
dc.description.statementofresponsibility	J. McColl and M. Young
dc.identifier.citation	Farm Policy Journal, 2006; 3(2):13-21
dc.identifier.issn	1449-2210
dc.identifier.orcid	Young, M. [0000-0001-8205-689X]
dc.identifier.uri	http://hdl.handle.net/2440/35150
dc.language.iso	en
dc.publisher	Australian Farm Institute Ltd.
dc.rights	© Australian Farm Institute
dc.title	Drought and structural adjustment
dc.type	Journal article
pubs.publication-status	Published

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