THE PRICE POLICIES OF THE MARKETING BOARDS (I)
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This chapter and Chapter 23 review the price policies of the marketing boards from their establishment in 1947 and 1949 to the end of 1951, as well as, more briefly, some results of the operations of the West African Produce Control Board. In assessing the policies of the present boards, it should be remembered that the years covered were to some extent the experimental, or formative, period of these organizations.?- This does not affect the description of the policies, nor the analysis of their effects, nor the discussion of the arguments advanced in their support; indeed, it only serves to bring out more clearly some of the problems created by an experimental, ad hoc approach. But in a critical assessment of the decisions taken it is relevant that over this period the boards could be said to be feeling their way; and further that they have had to do so without a clearly defined mandate.