The policy reforms introduced in Latin America in the 1980s and 1990s have induced profound and beneficial changes in the overall productive structure of most Latin American countries, and particularly concerning the increased competitiveness and profitability of some agro-export activities....

An agribusiness firm’s choice to expand activities through contract farming rather than plantations, buying directly from open markets or other means reflects differences in transaction costs found in different types of procurement systems. Smallholders may enter contracts to reduce...

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...

While Nicaragua over the past decade has ranked among the poorest countries in Latin America in terms of per capita GDP, data from the last three LSMS surveys (1993, 1998, and 2001) has shown a consistent, though modest, decline in the incidence of poverty. Nationally, the incidence of poverty...