Upgrading rice value chains: The role of policy sequencing

Like many other
African countries, Senegal was sorely hit by the rice price crisis of 2007 and
2008. However, in November 2008 — just 6 months after the global rice price
peak and in the wake of the government’s Grande Offensive Agricole pour la
Nourriture et l’Abondance (GOANA) to achieve self-sufficiency in rice by 2015 —
the price of local Senegal River valley (SRV) rice dropped sharply.