The North American Granary: A Policy Research Project Profile

Purpose – The purpose of this paper is to provide a unified theoretical framework that explains farm capital structure choice. Design/methodology/approach – The framework accommodates different credit access scenarios and heterogeneous risk profiles of borrowers. It recognizes that the costs...

Low demand for micro-insurance has been a prominent problem in developing countries. We study the dynamics of insurance demand by risk-averse farmers who can borrow and lend subject to a credit constraint and who also perceive a risk of insurer default. Credit constraints and the possibility of...

This study examines the impact of the World Food Program’s (WFP) Local and Regional Procurement of food aid (LRP) on households and markets. It focuses on four countries and commodities where WFP LRP has had a meaningful share of the market: maize in Uganda and Mozambique, beans in Ethiopia,...