Policy Reforms, Market Failures and Inputs use in African Smallholder Agriculture

Research output: Contribution to journalJournal articleResearchpeer-review

263 Downloads (Pure)

Abstract

This article highlights a number of problems related to agricultural market liberalisation in Africa. Poor infrastructure and dispersed settlements have limited the capability of the private sector to cover the ground left by state withdrawal, especially in agricultural input and credit markets. The elimination of subsidies and currency devaluations have resulted in higher prices and reduced use of inputs. Access to seasonal credit for input purchases is disappearing. Yet, while there has been an increasing recognition of the factors that inhibit the functioning of these markets, the majority of policy recommendations are still advocating the transition to a purely free market’ situation in Africa. On the contrary, this article argues that solving market failures in input distribution and credit provision requires new and fine-tuned forms of public intervention, such as the promotion of input trust funds.

Original languageEnglish
JournalEuropean Journal of Development Research
Volume13
Issue number1
Pages (from-to)1-29
Number of pages29
ISSN0957-8811
DOIs
Publication statusPublished - 2001
Externally publishedYes

Cite this

@article{13e6d7dc6a474ec692c066ab323c058e,
title = "Policy Reforms, Market Failures and Inputs use in African Smallholder Agriculture",
abstract = "This article highlights a number of problems related to agricultural market liberalisation in Africa. Poor infrastructure and dispersed settlements have limited the capability of the private sector to cover the ground left by state withdrawal, especially in agricultural input and credit markets. The elimination of subsidies and currency devaluations have resulted in higher prices and reduced use of inputs. Access to seasonal credit for input purchases is disappearing. Yet, while there has been an increasing recognition of the factors that inhibit the functioning of these markets, the majority of policy recommendations are still advocating the transition to a purely free market’ situation in Africa. On the contrary, this article argues that solving market failures in input distribution and credit provision requires new and fine-tuned forms of public intervention, such as the promotion of input trust funds.",
author = "Stefano Ponte",
year = "2001",
doi = "10.1080/09578810108426778",
language = "English",
volume = "13",
pages = "1--29",
journal = "European Journal of Development Research",
issn = "0957-8811",
publisher = "Palgrave Macmillan Ltd.",
number = "1",

}

Policy Reforms, Market Failures and Inputs use in African Smallholder Agriculture. / Ponte, Stefano.

In: European Journal of Development Research, Vol. 13, No. 1, 2001, p. 1-29.

Research output: Contribution to journalJournal articleResearchpeer-review

TY - JOUR

T1 - Policy Reforms, Market Failures and Inputs use in African Smallholder Agriculture

AU - Ponte, Stefano

PY - 2001

Y1 - 2001

N2 - This article highlights a number of problems related to agricultural market liberalisation in Africa. Poor infrastructure and dispersed settlements have limited the capability of the private sector to cover the ground left by state withdrawal, especially in agricultural input and credit markets. The elimination of subsidies and currency devaluations have resulted in higher prices and reduced use of inputs. Access to seasonal credit for input purchases is disappearing. Yet, while there has been an increasing recognition of the factors that inhibit the functioning of these markets, the majority of policy recommendations are still advocating the transition to a purely free market’ situation in Africa. On the contrary, this article argues that solving market failures in input distribution and credit provision requires new and fine-tuned forms of public intervention, such as the promotion of input trust funds.

AB - This article highlights a number of problems related to agricultural market liberalisation in Africa. Poor infrastructure and dispersed settlements have limited the capability of the private sector to cover the ground left by state withdrawal, especially in agricultural input and credit markets. The elimination of subsidies and currency devaluations have resulted in higher prices and reduced use of inputs. Access to seasonal credit for input purchases is disappearing. Yet, while there has been an increasing recognition of the factors that inhibit the functioning of these markets, the majority of policy recommendations are still advocating the transition to a purely free market’ situation in Africa. On the contrary, this article argues that solving market failures in input distribution and credit provision requires new and fine-tuned forms of public intervention, such as the promotion of input trust funds.

UR - https://sfx-45cbs.hosted.exlibrisgroup.com/45cbs?url_ver=Z39.88-2004&url_ctx_fmt=info:ofi/fmt:kev:mtx:ctx&ctx_enc=info:ofi/enc:UTF-8&ctx_ver=Z39.88-2004&rfr_id=info:sid/sfxit.com:azlist&sfx.ignore_date_threshold=1&rft.object_id=110978979267980

U2 - 10.1080/09578810108426778

DO - 10.1080/09578810108426778

M3 - Journal article

VL - 13

SP - 1

EP - 29

JO - European Journal of Development Research

JF - European Journal of Development Research

SN - 0957-8811

IS - 1

ER -