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Insuring Countries Against Natural Disasters: Pool rules

The African Risk Capacity (ARC) pool is a proposed pan-Africa drought risk pool that would insure against drought risk in Africa south of the Sahara. Donors and, to at least a notional extent, member countries would pay annual premiums. In return, if,…

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Fertilizer subsidies in Africa

In the 1970s and 1980s, most African countries sold fertilizer at subsidized prices through state-owned enterprises. In response to the fiscal cost and ineffective implementation of these subsidies, as well as pressure from international financial…

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From parastatals to private trade

Governments in Asia used grain price stabilization as a major policy instrument when they began to promote the Green Revolution in the 1960s. In the process, they created parastatal agencies, which were quasi-governmental in nature, to undertake…

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Determinants and implications of the growing scale of livestock farms in four fast-growing developing countries

"Overall, the study concludes that in many cases smallholders other than the smallest backyard producers will be able to stay in the livestock business for a long time. If the opportunity cost of family labor rises and begins to approach local market…