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DocumentContract Farming as an Institution for Integrating Rural Smallholders in Markets for Livestock Products in Developing Countries: (II) Results in Case Countries
Pro-Poor Livestock Policy Initiative: A Living from Livestock
2009Also available in:
No results found.This report provides an assessment of the efficiency and effectiveness of contract farming as an institution for integrating rural smallholders in markets for livestock products, using detailed reviews of particular case studies on contract farming in India, Thailand, the Philippines and Viet Nam, and in which the principal author participated. Two forms of contracts engaged in by producers and market intermediaries existed: formal and informal contracts. In general, formal contracts were writte n contracts between an integrator company and a farmer, where the rights and obligations of each party were strictly defined. Informal contracts were unwritten but nevertheless binding agreements between a farmer and his market intermediary, which could either be a trader for inputs or outputs, or with a cooperative which he is a member of, on the provision of inputs or the marketing of output, or both. -
DocumentContract Farming as an Institution for Integrating Rural Smallholders in Markets for Livestock Products in Developing Countries: (I) Framework and Applications
Pro-Poor Livestock Policy Initiative: A Living from Livestock
2008Also available in:
No results found.This report provides an overview of the theoretical underpinnings of the emergence of contract arrangements versus reliance on spot markets. Transaction costs economics is the dominant school of thought in the literature on contracts, particularly with respect to the rationale of firms to vertically integrate instead of engaging in direct exchange in the open market. Vertical integration and other forms of exchange organisation are traced to the objective of economic agents to reduce transaction costs in an environment where market imperfections predominate and economic agents behave opportunistically. -
No Thumbnail AvailableBook (stand-alone)Project on Livestock Industrialization, Trade and Social-Health-Environment Impacts in Developing Countries
Policy, Technical, and Environmental Determinants and Implications of the Scaling-Up of Livestock Production in Four Fast-Growing Developing Countries: A Synthesis
2003Also available in:
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