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Implications of market and coordination failures for rural development in least developed countries

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  • Jonathan Kydd

    (Centre for Development and Poverty Reduction, Wye Campus, Imperial College London, Wye, Ashford, Kent TN25 5AH, UK)

  • Andrew Dorward

    (Centre for Development and Poverty Reduction, Wye Campus, Imperial College London, Wye, Ashford, Kent TN25 5AH, UK)

Abstract

Market failures affecting economic growth in poor rural areas are firmly on the agenda but for goods and services with private good characteristics are generally not conceptualized and understood in ways that help policy analysis and formulation to recognize and address these failures. We need greater recognition and understanding of the causes and nature of coordination failures that lead to these market failures. This paper examines core features of poor rural areas, the nature of coordination problems faced by different potential economic actors, the impacts of these problems on markets and economic development and ways that these have been addressed or ignored in different policies and policy approaches in Asia and Africa. We conclude by drawing out the implications for policies seeking to promote pro-poor economic growth in poor rural areas today. Copyright © 2004 John Wiley & Sons, Ltd.

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Bibliographic Info

Article provided by John Wiley & Sons, Ltd. in its journal Journal of International Development.

Volume (Year): 16 (2004)
Issue (Month): 7 ()
Pages: 951-970

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Handle: RePEc:wly:jintdv:v:16:y:2004:i:7:p:951-970

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Cited by:
  1. Dorward, Andrew & Kydd, Jonathan, 2003. "Policy Reform in Sub Saharan Africa," Policy Reform and Adjustment Workshop, October 23-25, 2003, Imperial College London, Wye Campus 15749, International Agricultural Policy Reform and Adjustment Project (IAPRAP).
  2. Spielman, David J. & Byerlee, Derek & Alemu, Dawit & Kelemework, Dawit, 2010. "Policies to promote cereal intensification in Ethiopia: The search for appropriate public and private roles," Food Policy, Elsevier, vol. 35(3), pages 185-194, June.
  3. Eaton, Derek J.F. & Meijerink, Gerdien W. & Bijman, Jos & Belt, John, 2007. "Analysing the role of institutional arrangements: vegetable value chains in East Africa," 106th Seminar, October 25-27, 2007, Montpellier, France 7921, European Association of Agricultural Economists.
  4. Fletcher Tembo, 2004. "NGDOs' role in building poor people's capacity to benefit from globalization," Journal of International Development, John Wiley & Sons, Ltd., vol. 16(7), pages 1023-1037.
  5. Spielman, David J., 2007. "Pro-poor agricultural biotechnology: Can the international research system deliver the goods?," Food Policy, Elsevier, vol. 32(2), pages 189-204, April.
  6. Christian K.M. Kingombe & Salvatore di Falco, 2012. "Labour Market and Fiscal Policy," IHEID Working Papers 04-2012, Economics Section, The Graduate Institute of International Studies, revised 28 Feb 2012.
  7. Spielman, David J. & Kelemwork, Dawit & Alemu, Dawit, 2011. "Seed, fertilizer, and agricultural extension in Ethiopia:," ESSP working papers 20, International Food Policy Research Institute (IFPRI).
  8. Dorward, Andrew & Kydd, Jonathan & Poulton, Colin, 2004. "Market and Coordination Failures in Poor Rural Economies: Policy Implications for Agricultural and Rural Development," 2004 Inaugural Symposium, December 6-8, 2004, Nairobi, Kenya 9535, African Association of Agricultural Economists (AAAE).
  9. Spielman, David J. & Kolady, Deepthi E. & Cavalieri, Anthony & Rao, N. Chandrasekhara, 2014. "The seed and agricultural biotechnology industries in India: An analysis of industry structure, competition, and policy options," Food Policy, Elsevier, vol. 45(C), pages 88-100.
  10. Raballand, Gael & Macchi, Patricia & Merotto, Dino & Petracco, Carly, 2009. "Revising the roads investment strategy in rural areas : an application for Uganda," Policy Research Working Paper Series 5036, The World Bank.
  11. Swinnen, Johan F.M. & Vandeplas, Anneleen & Maertens, Miet, 2007. "Governance and Surplus Distribution in Commodity Value Chains in Africa," 106th Seminar, October 25-27, 2007, Montpellier, France 7950, European Association of Agricultural Economists.
  12. Felix Groba & Barbara Breitschopf, 2013. "Impact of Renewable Energy Policy and Use on Innovation: A Literature Review," Discussion Papers of DIW Berlin 1318, DIW Berlin, German Institute for Economic Research.
  13. Andrew Dorward & Jonathan Kydd & Colin Poulton & Dirk Bezemer, 2009. "Coordination Risk and Cost Impacts on Economic Development in Poor Rural Areas," Journal of Development Studies, Taylor & Francis Journals, vol. 45(7), pages 1093-1112.
  14. Shiferaw, Bekele & Obare, Gideon & Muricho, Geoffrey, 2006. "Rural institutions and producer organizations in imperfect markets: experiences from producer marketing groups in semi-arid eastern Kenya," CAPRi working papers 60, International Food Policy Research Institute (IFPRI).
  15. Chibwana, Christopher & Shively, Gerald & Fisher, Monica & Jumbe, Charles & Masters, William, 2014. "Measuring the impacts of Malawi’s farm input subsidy programme," African Journal of Agricultural and Resource Economics, African Association of Agricultural Economists, vol. 9(2), April.
  16. Kane, Sam & Eicher, Carl K., 2004. "Foreign Aid And The African Farmer," Staff Papers 11602, Michigan State University, Department of Agricultural, Food, and Resource Economics.
  17. Makorere, Robert, 2. "An Exploration Of Factors Affecting Development Of Citrus Industry In Tanzania: Empirical Evidence From Muheza District, Tanga Region," International Journal of Food and Agricultural Economics (IJFAEC), Niğde University, Faculty of Economics and Administrative Sciences, vol. 2(2).
  18. Birner, Regina & Resnick, Danielle, 2010. "The Political Economy of Policies for Smallholder Agriculture," World Development, Elsevier, vol. 38(10), pages 1442-1452, October.
  19. Dethier, Jean-Jacques & Effenberger, Alexandra, 2012. "Agriculture and development: A brief review of the literature," Economic Systems, Elsevier, vol. 36(2), pages 175-205.
  20. Byerlee, Derek & Spielman, David J. & Alemu, Dawit & Gautam, Madhur, 2007. "Policies to promote cereal intensification in Ethiopia: A review of evidence and experience," IFPRI discussion papers 707, International Food Policy Research Institute (IFPRI).
  21. Mogues, Tewodaj & Yu, Bingxin & Fan, Shenggen & Mcbride, Linden, 2012. "The impacts of public investment in and for agriculture: Synthesis of the existing evidence," IFPRI discussion papers 1217, International Food Policy Research Institute (IFPRI).

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