Linking Agribusiness And Small-Scale Farmers In Developing Countries: Is There A New Role For Contract Farming?
AbstractThis article examines a new role for contract farming in developing countries in the light of the industrialization of agriculture and the globalization of world markets. A theoretical rationale for contracting in developing countries is developed on the basis of adopting new institutional economic theory for the purpose of matching governance forms to market failure problems and transaction characteristics. The history of contract farming is reviewed, together with the advantages and disadvantages to the various players, for the purpose of developing a list of key success factors, problems and some possible solutions.
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Bibliographic InfoPaper provided by University of Pretoria, Department of Agricultural Economics, Extension and Rural Development in its series Working Papers with number 18025.
Date of creation: 2002
Date of revision:
Agribusiness; Farm Management;
Other versions of this item:
- Johann Kirsten & Kurt Sartorius, 2002. "Linking agribusiness and small-scale farmers in developing countries: Is there a new role for contract farming?," Development Southern Africa, Taylor & Francis Journals, vol. 19(4), pages 503-529.
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