A coherent theory of rural organization is essential in designing effective development policies in rural and developing areas. This study communicates the main elements and themes of this theory and broadens the base of empirical knowledge on which the theory is based. Combining recent theoretical work, case studies and historical research, the editors explore the areas where governments of developing countries have most widely intervened: rural credit markets; rural land markets; agricultural taxation and transfers; and technological change in agriculture.
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"Given the quality of the editorial team, this volume of 29 chapters is unsurprisingly valuable for anybody concerned with the economics of agriculture in developing countries...an excellent volume. The standard of writing, theoretical exposition and empirical rigour is high throughout....The book will be a valuable addition to reading lists for graduate courses on rural organisation or the economics of agriculture in developing countries. Overall, the book is recommended reading."--Journal of Agricultural Economics"A theory such as the one developed in this book...is essential for designing effective development policies. This book is a required reading for academics and policymakers interested in rural development." --Prof. T.N. Srinivasan, Economic Growth Center, Yale University
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