This volume seeks to answer modern questions and concerns regarding peasants, their production techniques, and their links to wider society. In the past, peasants and their seemingly simple production models have been criticized for being unable to fully meet the needs of modern society,...

This paper explores the link between poverty and resource allocation, including the management of natural resources, by chronically indebted rural smallholders in developing countries. The paper proposes a formal intertemporal model of a credit constrained farm household that can invest in...