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This book is the first systematic attempt to address emerging land
markets and their implications for poverty, equity, and efficiency
across a number of African countries. The high incidence of poverty
and the need for increased agricultural productivity remain acute
in rural areas of sub-Saharan Africa, where a lack of secure land
rights and a growing scarcity of land relative to the size of the
population are becoming increasingly critical issues. Indeed, land
issues in the region are high on the international policy agenda.
Yet our knowledge about land tenure security and other rural factor
markets (such as labor, oxen, manure, purchased inputs, and credit)
is far from adequate to formulate sensible policies. The case
studies in the book show that, while land markets and especially
informal markets have been rapidly emerging in densely populated
parts of Africa - and have generally been to the benefit of the
poor--their functions remain imperfect. This is due to
policy-induced tenure insecurity and the fragmentation of
agricultural land. Applying rigorous quantitative analyses, the
book provides a basis for taking into account the role of land
markets in national land policies. All too often, the authors
argue, land policies have been extreme, either prohibiting all land
transactions or giving unrestricted freehold rights to a small
elite at the expense of the poor. From the long experience in Asia,
it is known that such policies are detrimental to both production
efficiency and equity of land use. The authors argue that future
policies in Africa should work with the markets. Regulations should
be imposed only with careful testing that they are having the
intended effects. The Emergence of Land Markets in Africa is a
resource for teaching in developed and developing countries, as it
provides both comprehensive reviews of the literature and detailed
case studies. It is intended to facilitate the dialogue between
researchers and policymakers, as well as inspire researchers to go
further in their investigations and build an even stronger basis
for good policies. The Emergence of Land Markets in Africa is the
first publication in the new Environment for Development (EfD) book
series. EfD books focus on research and applications in
environmental and natural resource economics as they are relevant
to poverty reduction and environmental problems in developing
countries. The EfD book series is part of the EfD initiative.
(www.environmentfordevelopment.org)
Dragons with Clay Feet? presents state-of-the-art research on the
impact of ongoing and anticipated economic policy and institutional
reforms on agricultural development and sustainable rural resource
in two East-Asian transition (and developing) economies-China and
Vietnam. The contributions to this volume focus on the regional and
sectoral impact of transformational policies, farm household
decision making under a changing economic and institutional
environment, and potential trade-offs between agricultural growth
and sustainable land management in the two countries. The analysis
of household responses to economic policies and changing
institution, and their implications for agricultural production and
sustainable resource use in East-Asian transition economies, is a
relatively new research field. This collection by a group of
Chinese, Vietnamese, and international researchers reflect the
rapid progress that is being made in this important research field.
Dragons with Clay Feet? presents state-of-the-art research on the
impact of ongoing and anticipated economic policy and institutional
reforms on agricultural development and sustainable rural resource
in two East-Asian transition (and developing) economies-China and
Vietnam. The contributions to this volume focus on the regional and
sectoral impact of transformational policies, farm household
decision making under a changing economic and institutional
environment, and potential trade-offs between agricultural growth
and sustainable land management in the two countries. The analysis
of household responses to economic policies and changing
institution, and their implications for agricultural production and
sustainable resource use in East-Asian transition economies, is a
relatively new research field. This collection by a group of
Chinese, Vietnamese, and international researchers reflect the
rapid progress that is being made in this important research field.
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