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Following the dissolution of socialist collectives and privatization of livestock in Mongolia in 1993, meat prices quickly rose to the point of becoming unaffordable for many consumers. In an effort to moderate prices and dampen extreme seasonal price fluctuations, the Government of Mongolia introduced a national meat reserves program in 2005, offering price subsidies for consumers and direct funding for participating meat packers. Despite this intervention, however, consumer prices have continued to rise rapidly. In this article, drawing on a survey of urban consumers and meat retailers, we examine the impacts of meat reserves on the meat market in Mongolia and discuss the broader policy implications of the Mongolian case study. |
