We analyse the microeconomic determinants of the extent of crop diversification in Afghanistan by employing instrumental variable Tobit analysis using data from a cross-section survey of 8,613 farm households in 364 districts in all 34 provinces collected in 2013/14. The estimates of the...

The present study analyzes the nature of Ukrainian farm debt by investigating whether the debt servicing problem of Ukrainian farms is more of a debt problem or a net income problem. Net income generation appears to be the more important underlying problem behind the debt problem. Second, the...

Three institutional pillars form the foundations of sustainable financial markets: The existence of a pool of profitable and diverse rural clients with the ability to service loans, well-run financial institutions which are financially self supporting and an enabling policy environment. Ukraine...