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SHOULD REGIONAL TRADE LIBERALIZATION OF AGRICULTURE BE A POLICY PRIORITY IN SOUTHERN AFRICA? AgEcon
Nin Pratt, Alejandro; Diao, Xinshen; Bahta, Yonas Tesfamariam.
We develop a detailed trade analysis to assess the potential impacts of a free trade agreement (FTA) on the agricultural sector of Southern African countries. We do this by combining the use of a partial equilibrium analysis with bilateral trade data at the four-digit Standard International Trade Classification (SITC) level for 193 agricultural industries in 14 Southern African countries. Results show that the overall welfare effects of a FTA would be positive but small in most countries. Largest benefits would go to countries with a regional comparative advantage for agriculture, while still being inefficient producers of regionally traded commodities. No direct gains for importing countries are expected because a FTA would increase imports from...
Tipo: Conference Paper or Presentation Palavras-chave: Regional trade agreement; Southern Africa; Agricultural trade; Agricultural and Food Policy; Food Security and Poverty; International Relations/Trade; F15; Q17; Q18.
Ano: 2009 URL: http://purl.umn.edu/51734
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Rural Credit for Resource-Poor Entrepreneurs: Lessons from the Eritrean Experience AgEcon
Bahta, Yonas Tesfamariam; Groenewald, Jan A..
Developing countries' small-scale farmers lack access to financial services. In the Eritrean Savings and Micro- Credit program (SMCP), solidarity groups are jointly responsible for individual members' loans; this reduces transaction costs, improves repayment and substitutes for collateral. Performance of SMCP (1996 to 2002) indicates low arrears and good repayment, but not satisfactory saving mobilization. SMCP service reached many people previously without access to financial services, thus materially improving individuals' economic self-confidence and independence, cash holdings and household living standards. It has had favourable social spin-offs; a well-designed village-banking model can help solve economic problems of the poor.
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural Finance.
Ano: 2006 URL: http://purl.umn.edu/25607
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