Market liberalisation and smallholders
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CTA. 1998. Market liberalisation and smallholders. Spore 78. CTA, Wageningen, The Netherlands.
Permanent link to this item: http://hdl.handle.net/10568/48281
Internet URL: http://spore.cta.int/images/stories/pdf/old/spore78.pdf
Smallholder Cash Crop Production under Market Liberalisation: A New Institutional Economics Perspective Edited by A Dorward, J Kydd and C Poulton. 1998. 274 pp ISBN 0 85 199 277 3 Publishing Division CAB International Wallingford, Oxford, OX 10 8DE,
Economic growth and market liberalisation are widely regarded as the way to reduce poverty and increase food security among the rural poor in the world. If so, then the assumptions underlying market liberalisation theory need adjusting, argues this book. Many smallholder cash crop producers face difficulties in accessing finance and market information, and thus, in becoming independent, competitive, economic agents in an efficient market economy. One case study describes cashew production in southern Tanzania. It shows that trade liberalisation of cashew production has provided incentives to farmers to increase production. That this does not happen is due, according to the authors, to the fact that the majority of poor farmers have no access to finance to purchase sulphur, an essential input for cashew production. The authors expound a 'new institutional economics perspective', which is an adjusted, more practical elaboration of existing free market ideas. This perspective incorporates problems of market failures and the incentives of smallholder producers to find institutional responses to these problems. Smallholder Cash Crop Production under Market Liberalisation: A New Institutional Economics Perspective Edited by A Dorward, J Kydd and C Poulton. 1998. 274 pp ISBN 0 85 199 277 3 Publishing Division CAB International Wallingford, Oxford, OX 10 8DE, UK Fax: + 44 1491 833508 Email: firstname.lastname@example.org http://www.agricta.org/Spore/spore78