This is a report on the findings of a World Bank research project on agricultural price stabilization in Brazil. The research proposal was motivated by one policy concern and two sets of methodological...
The economic crisis in sub - Saharan Africa presents a major challenge to donors and to policy-makers. After an initial period of growth following independence, most African economies faltered, then failed...
In recent years, agricultural price stabilization policies have been recommended in Brazil as a way to reduce government intervention and open the sector for international trade without internalizing the...
Subsidized formal credit to the agricultural sector has been advocated as more efficient, equitable, and easier to implement than, say, land reform. But the record on subsidized credit to farmers is dismal...
This article presents evidence of the failure of government intervention in rural credit markets of LDCs in the past three decades. It then shows how lessons for policy analysis can be drawn from modern...
Small manufacturing enterprises in developing countries. A valuation model for developing-country debt with endogenous rescheduling. The political economy of economic liberalization. Sites and services...
This article presents a method of analysis of agricultural price policies. Its basic features are : i) the incorporation of important supply and demand substitution possibilities; ii) a flexible structure...
This paper provides one more rationale for interlinking credit and tenancy contracts in the context of production loans. In an environment characterized by a heterogeneous labor pool and imperfect information...
The purpose of this paper is to evaluate quantitatively the impact of alternative pricing policies, aimed at reducing the deficits in the Grain Management Fund and the Fertilizer Fund in Korea. In comparing...
One of the often noted features of less-developed agrarian economies is the existence of interlinkages among the land, labor, credit, and product markets. The landlord is often the supplier of credit;...
This paper considers a model of linkage between land, labor and credit transactions in the context of sharecropping. The paper's objectives are: a) to derive and characterize the equilibrium in a model...
The interlinkages among land, labor, credit and product markets are often controlled by the landlord, who supplies credit, purchases and markets output, and often sells raw materials and consumption goods...
The paper concentrates on a model of linkage between land, labor and credit transactions in the context of sharecropping. The proof follows from the result that the tenant's optimal effort per hectare...
A general model is presented for studying the connection between imperfect information and imperfect competition, comparing the methodology involved in generating monopolistic competition due to consumers'...
This paper concentrates on a model of linkage between land, labour, and credit transactions in the context of sharecropping. It assumes that sharecropping is the only form of tenancy and that a potential...