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Institutional Learning and Change: An initiative to promote greater impact through agricultural research for poverty alleviation AgEcon
Watts, Jamie; Horton, Douglas.
The ILAC Initiative consists of an evolving community of individuals committed to increasing the contributions of agricultural research to sustainable poverty reduction around the world. ILAC promotes research, methodology development and capacity development to increase understanding of agricultural change processes and increase the effectiveness of interventions to stimulate pro-poor innovation. This paper presents a broad overview of ILAC, including its background, origins and evolution, objectives and activities. It also presents the initiative’s central hypothesis and a set of guiding questions. Theoretical frameworks that show promise for increasing understanding of issues related to capacities to learn, facilitate innovation, and contribute to...
Tipo: Working or Discussion Paper Palavras-chave: Agricultural; Research; ILAC; Pro-poor; Innovation; Farmers; Agricultural and Food Policy; Food Security and Poverty; Research and Development/Tech Change/Emerging Technologies.
Ano: 2008 URL: http://purl.umn.edu/52536
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Creating Incentives for Micro-Credit Agents to Lend to the Poor AgEcon
Aubert, Cecile; de Janvry, Alain; Sadoulet, Elisabeth.
Microfinance institutions (MFIs) have introduced incentive pay schemes for their credit agents to induce information acquisition on borrowers. Bonuses linked to repayment are efficient for profit-oriented MFIs but insufficient for nonprofit MFIs trying to reach very poor borrowers, when repayment and wealth are positively correlated. We show that no incentive scheme is consistent with this (non-verifiable) objective: Random audits on the share of very poor borrowers selected by the agent become necessary. Under the optimal contract, non-profit MFIs generally maximize the number of poor borrowers it services by crosssubsidization between very poor and less poor borrowers.
Tipo: Working or Discussion Paper Palavras-chave: Micro-credit; Pro-poor; Objectives; Incentives; Financial Economics; Food Security and Poverty; O16; D82; L31..
Ano: 2004 URL: http://purl.umn.edu/25024
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