Markets, Institutions and Policies
Harnessing development pathways for inclusive prosperity
Increasing farm production alone will not end poverty. Farmers must have access to markets in which to sell their produce if they are to enjoy prosperity. ST2 will focus on interventions that enable the poor to harness markets to generate higher productivity and income. ST2 will address not only private sector but also public-sector dynamics that influence markets.
A particular objective will be to ensure that market-oriented development is inclusive, ie, to capture as much of the value in the chain as possible for the poorest households, and for women in particular. This is vital in order to eliminate the extreme poverty that lies at the root of hunger. Since, more than anyone else, the poor depend on staple crops for their survival, using staple crops as a springboard into market-oriented development is integral to ST2’s inclusiveness strategy.
‘Value chain’ systems are particularly relevant to commodities, eg, crops, livestock and vegetables. Through interdisciplinary teamwork, a value-chain perspective will broaden and deepen our historical crop production research focus to also address obstacles such as insufficient access to productivity-boosting inputs, and the need for more robust output channels for crop products.
Interdisciplinary research will investigate the interactions between social, economic, knowledge and technological factors that are important in value chains. ST2 will elucidate the most important drivers for IMOD, and ways to accelerate them. Issues such as competitive and comparative advantages of smallholder farming households, innovation, infrastructure, social organization, and quality and reliability of production will be investigated. Timely knowledge flows about market demand and outlook, prices and technologies, new crop products, reliable input supplies, credit, risk and vulnerability management strategies, and the translation of these factors into actual use through the public and private sectors (policies, value networks and models for efficient dissemination of improved technologies through public and private sectors) are opportunities that will be explored.
ST2 will build on a number of established activity areas related to market, institution and policy research at ICRISAT, including:
Partners include regional organizations ASARECA and APAARI; NARS in Bangladesh, China, Ethiopia, India, Kenya, Malawi, Niger, Nigeria, Mali, Sri Lanka, Tanzania, Thailand, Vietnam and Zimbabwe; NGOs such as SocioConsult–Bangladesh; advanced research institutes such as Brown University, Cambridge University, Cornell University, the Indian Institute of Technology (IIT)–Bombay, Oxford University, the University of Arizona, the University of Florida and Yale University; and CGIAR Centers including the International Center for Tropical Agriculture (CIAT), IITA, the International Rice Research Institute (IRRI), the International Food Policy Research Institute (IFPRI), ILRI and IWMI.
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