Derivatives exchanges can offer emerging market economies certain important benefits, including risk transfer, price discovery, and more public information. But they are not a substitute for reform of financial, capital, and commodity markets.Tsetsekos and Varangis examine the architecture,...

In most emerging markets, the lack of acceptable collateral is often cited as a key constraint on the provision of credit to agriculture. Three main types of collateral are typically used to finance agriculture: farmland, equipment, and agricultural commodities. In many economies, however, the...

This note aims at analyzing lessons learned from matching grants projects for farmers and agricultural SMEs and providing guidance to TTLs on successful design. It is part of a series of agriculture finance policy notes. This note has benefited from peer review comments by Mike Goldberg, Diane...