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Credit plays an important role in agricultural development and it is believed that expansion of credit programmes will have beneficial effects on agricultural production and incomes of small farmers. It is also a key to poverty alleviation, livelihood diversification, and increasing the business skills of small farmers. In the Philippines, small-scale and subsistence agriculture source their loans mostly from informal lenders, thus access to formal credit remains low. There is a need to examine further small farmers’ access to credit and investigate their preferences and perceptions regarding credit in order that their access can be improved and their needs through credit can be more effectively met. Determining the problems and the credit needs of small farmers are important considerations in designing appropriate credit systems for them. Accessibility of rural credit in the Philippines was examined, with the primary objective of exploring the use of and access to rural credit by small farmers. This research attempts to explore and understand the perceptions of small farmers toward rural credit, and to collect information in proposing an appropriate credit system for them. Two types of respondents were interviewed for the research; 45 individual farmers, and four key informants in New Corella, Davao del Norte. The research focused on how the farmers perceived the rural credit facilities, their preferences, their reasons for borrowing, and their problems in accessing credit. Qualitative data analysis was done for the information gathered. Access to credit by farmers was limited to the available credit services in the research area, thus farmers’ choices and preferences were not well served which led to borrowing from informal lenders. Credit restrictions such as commodity specific credit programmes, credit that requires collateral, and lengthy and complicated procedures restricted the farmers from accessing formal credit. It is recommended that accessibility to credit by small farmers could be improved by providing innovative financing schemes that address problems of farmers who lack collateral, and minimise long processing of documents and other requirements. In this way, farmers may be encouraged to better utilise formal credit and decrease their reliance on informal lenders, thus avoiding higher interest rates and thereby increasing their farm productivity and household incomes.

According to Porter (1990), there are certain characteristics of a country that allow its industries to create and sustain competitive advantage, or prevent them from doing so. The objective of this study was to identify and compare the sources of competitive advantage or disadvantage for the Uruguayan and New Zealand beef industries. To accomplish these objectives, Porter’s Diamond Framework was selected as the theoretical framework to assess the competitive advantage of nations. Two case studies “the Beef Industry in Uruguay” and “the Beef Industry in New Zealand” were carried out. The information was obtained from secondary sources and open-ended interviews to key informants in both countries. Uruguay and New Zealand possess observable similarities, such as size, population, similar farmland area, and an economy based on agriculture with low levels of subsidies and trade regulations. In addition, the industries in both countries target the international market. Considering beef production, these countries produce beef based on pastures; hence, they have similar seasonal fluctuations in slaughter and in the product offered into the market. These similarities make these countries interesting to compare. On the other hand, Uruguay and New Zealand have differences. They are in different stages of economic development, and have cultural, sociological and educational differences. The beef industry is the most important economic activity in Uruguay, as can be illustrated by the resources allocated in this sector and in the volume and value of exported beef. In New Zealand, the beef industry is less important; however, it constitutes an excellent complementary activity for sheep and dairy productions. Both beef industries also have differences in their levels of productivity, stock compositions, stock categories, age of slaughtered animals, sanitary status, and locations in relation to markets. This suggests different sources of competitive advantage. The results show that the Uruguayan beef industry has a weaker diamond than its New Zealand counterpart does. However, the industry in Uruguay has been increasing the use of resources in comparison to other pastoral activities such as dairy and sheep. In contrast, the New Zealand beef industry, despite having a stronger diamond than the Uruguayan beef industry, has a secondary role behind the sheep and dairy industry. There are two clear limitations for the Uruguayan beef industry. First, the performance of the primary sector is poor. Second, the Uruguayan exported beef receives a lower price than the New Zealand product, and has difficulties for gaining access to certain markets. These two characteristics were identified as the most dissimilar for both industries. The selected research design and theoretical framework were adequate to accomplish the objectives. Although most of Porter’s findings were not supported in this study, using the framework allowed the development of an exhaustive analysis of the possible factors affecting the sources of competitive advantage in both industries. Comparing diamonds in different countries has not been done before; therefore, this research provides empirical evidence of the advantages and disadvantages of using this framework for international comparisons. Finally, the information presented in this research did not intend to suggest possible strategies or policies to increase the competitiveness of both industries. However, the results are likely to provide useful information for further studies in these industries.

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Agricultural greenhouse gas emissions within New Zealand account for 48 percent of all national greenhouse gas emissions. With the introduction of the emissions trading scheme farmers will soon be liable for their emissions, introducing additional physical constraints and financial costs. Farmers that still operate within the sector will have two options to meet emissions targets; to purchase carbon credits from the open market, or mitigate farm level emissions at added costs to the farmer. This study examines the latter case of assessing farm level options for mitigating greenhouse gas emissions, and quantifying the physical and financial costs associated with mitigation strategies. Results show that, based on the assumptions in the study, there are available options for dairy farmers to profitably meet Kyoto protocol emissions targets. Sheep and beef farmers can increase profit, but cannot meet Kyoto protocol emissions targets, through examined scenarios.

Notable structural changes have taken place in the world sheepmeat market over the 1960-80 period. Imports into the major consuming countries of the EEC are declining as a result of changing tastes, higher import barriers and other factors. World exports have steadily increased however, and sales diversified into a number of alternative, expanding markets. Little quantitative information exists on these markets. An econometric model was constructed to analyse the changes on a global basis. The model covers production, consumption and trade in the main importing and exporting regions over a twenty one year period. These components form a dynamic, simultaneous system which solves for the world price. It allows the impact of changes in any particular market to be evaluated in terms of the effect on other markets and international prices. Simulation analysis is employed to test the effects of various shocks to the market, and to evaluate the impacts of certain policy changes, such as those recently implemented in the EEC. The changes are assessed against a Base simulation, which also provides a forecast of the market situation through the 1980's. From the conclusions various policy implications are drawn with respect to NZ's exports.

This research focussed on Fair Trade (FT) coffee supply chains in Papua New Guinea. Three research questions were asked. First, do small holders in the FT chains receive higher returns than the smallholders in the conventional chains? Secondly, if smallholders in the FT coffee chains receive higher returns from their coffee than the smallholders in the conventional chains, what are the sources of these higher returns? Finally, if smallholders in the FT chains don't receive higher returns than in the conventional chains, what are the constraints to smallholders receiving higher returns from the FT coffee chains than the conventional chains? A conceptual framework for agribusiness supply chain was developed that was used to guide the field work. A comparative case study methodology was selcted as an appropriate method for eliciting the required information. Four case study chains were selected. A paired FT and conventional coffee chains from Okapa and another paired FT and conventional chains from Kainantu districts, Eastern Highlands Province were selected for the study. The research found that smallholders in the FT chains and vonventional chains receive very similar prices for their coffee (parchment price equivalent). Hence, there was no evidence that smallholders in the FT chains received higher prices or returns from their coffee production than smallholders in conventional chains. This study also found that there was no evidence of FLO certification improving returns to smallholders in the FT chains over those returns received in the conventional chains, but the community that the FT smallholder producers come from did benefit. The sources of these community benefits lies in the shorter FT chains and the distributions of the margin that would have been otherwise made by processors to producers, exporters and the community. In addition, this study found that constraints associated with value creation are similar in all the four chains studies. However, there are some added hurdles for the FT chains in adhering to FT and organic coffee standards. Moreover, FT co-oeratives lacked capacity to trade and their only functions were to help with FLO certification and distribute the FT premium to the community. The findings of this research support some aspects of the literature, but not others. The research contribution is the finding that in this period of high conventional coffee prices, returns to smallholders from FT chains were no bettter than the returns gained in conventional chains, which leads to oppotunism and lack of loyalty by smallholders in the FT chains. The other contribution of this research is in identifying a particular type of free rider who is not a member of the FT co-operative but has right to the community benefits generated by the FT chain.