State and market led agricultural development policies are reviewed in terms of their success in addressing ‘low level equilibrium traps' that arise from coordination and transaction cost challenges in poor rural economies characterised by limited economic activity and exchange, seasonality,...

How can East and Southern African nations reduce poverty and hunger through agricultural growth? How can they create sufficient market demand to power such growth? This report proposes answers to these questions, applying a general equilibrium framework to the experiences of Madagascar, Malawi,...