The effective design and implementation of interventions that reduce vulnerability and poverty require a solid understanding of underlying poverty dynamics and associated behavioral responses. Stochastic and dynamic benefit streams can make it difficult for the poor to learn the value of such...

There is lack of consensus in the literature on the impact of contract farming on the welfare of smallholder farmers. Some authors argue that contact farming improves access to markets hence income, while others view contract farming as an avenue by which large corporations exploit smallholder...