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This book provides a thorough introduction to and examination of
agricultural value chains in Sub-Saharan Africa. First, the authors
introduce the economic theory of agri-food value chains and value
chain governance, focusing on domestic and regional trade in (and
consumption of) food crops in a low-income country context. In
addition to mainstream and heterodox thinking about value chain
development, the book pays attention to political economy
considerations. The book also reviews the empirical evidence on
value chain development and performance in Africa. It adopts
multiple lenses to examine agricultural value chains, zooming out
from the micro level (e.g., relational contracting in a context of
market imperfections) to the meso level (e.g., distributional
implications of various value chain interventions, inclusion of
specific social groups) and the macro level (underlying income,
population and urbanization trends, volumes and prices,
etc.).Furthermore, this book places value chain development in the
context of a process the authors refer to as structural
transformation 2.0, which refers to a process where production
factors (labor, land and capital) move from low-productivity
agriculture to high-productivity agriculture. Finally, throughout
the book the authors interpret the evidence in light of three
important debates: (i) how competitive are rural factor and product
markets, and what does this imply for distribution and innovation?
(ii) what role do foreign investment and factor proportions play in
the development of agri-food value chains in Africa? (iii) what
complementary government policies can help facilitate a process of
agricultural value chain transformation, towards high-productive
activities and enhancing the capacity of value chains to generate
employment opportunities and food security for a growing
population.
This book provides a thorough introduction to and examination of
agricultural value chains in Sub-Saharan Africa. First, the authors
introduce the economic theory of agri-food value chains and value
chain governance, focusing on domestic and regional trade in (and
consumption of) food crops in a low-income country context. In
addition to mainstream and heterodox thinking about value chain
development, the book pays attention to political economy
considerations. The book also reviews the empirical evidence on
value chain development and performance in Africa. It adopts
multiple lenses to examine agricultural value chains, zooming out
from the micro level (e.g., relational contracting in a context of
market imperfections) to the meso level (e.g., distributional
implications of various value chain interventions, inclusion of
specific social groups) and the macro level (underlying income,
population and urbanization trends, volumes and prices,
etc.).Furthermore, this book places value chain development in the
context of a process the authors refer to as structural
transformation 2.0, which refers to a process where production
factors (labor, land and capital) move from low-productivity
agriculture to high-productivity agriculture. Finally, throughout
the book the authors interpret the evidence in light of three
important debates: (i) how competitive are rural factor and product
markets, and what does this imply for distribution and innovation?
(ii) what role do foreign investment and factor proportions play in
the development of agri-food value chains in Africa? (iii) what
complementary government policies can help facilitate a process of
agricultural value chain transformation, towards high-productive
activities and enhancing the capacity of value chains to generate
employment opportunities and food security for a growing
population.
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