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Role of Institutions in Rural Policies and Agricultural Markets (Hardcover, New)
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Role of Institutions in Rural Policies and Agricultural Markets (Hardcover, New)
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The agri-food sector is continuously confronted with major
challenges. It is a complex sector in the economy because of its
important societal implications and embeddedness within a broader
rural system. Furthermore, the agricultural sector is a multi-agent
sector with a complex chain of inputs, intermediates, outputs and
markets that are highly regulated. Multi-agency and strong
government regulation result in a complex institutional system. The
aim of this book is to bring a selected state-of-the-art of the
conceptual and empirical New Institutional Economics - inspired
research by European agricultural economists. Besides the social
environment, the two main components of the institutional
environment are policies and markets. The title of this book tries
to capture the main subjects. For a farmer, as an economic
producing actor and social agent, his environment comprises of
politics, markets and rurality, of which the first is seeking to
get more ordering in the two others. Furthermore, the term rural in
the title tries to capture, both in policies and markets, the usual
agricultural activities as well as the new ones, which are more
oriented to the rural social system. This book focuses on the three
main areas of interest in institutions: policy implementation,
market and supply chain organisation and management of rural
resources and rural systems. The chapters are covering insights on
the significance of institutions on transaction costs, policy
analysis, policy reform, market and chain dynamics, input markets,
agri-environmental policies, social capital and bottom-up
approaches.
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