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Urbanization is happening fast in the developing world and especially so in sub-Saharan Africa where growth rates of cities are among the highest in the world. While cities and, in particular, secondary towns, where most of the urban population in sub-Saharan Africa resides, affect agricultural...
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This paper addresses to what extent governments have traded off price distortions for reduced volatility in intervening in agricultural and food markets during the recent food price spikes. We develop a model to derive how much distortions a government would introduce when it cares about...
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"Modern" agricultural markets are characterized by, among other things, quality requirements and vertical coordination. The nature of the industrial organization of the value chain depends on a variety of factors, such as local institutions, economic growth, demand, institutional infrastructure...
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