Pelkmans-Balaoing, Annette O.  <br/><br/>
Levelling the playing field for the rural poor through inclusive agricultural value chains / 
Annette O. Pelkmans-Balaoing.  
 - 26 pages    illustrations    23 cm  
 - UP CIDS discussion paper series    2019-01. Program on escaping the middle-income trap: chains for change.  .
<br/><br/>Includes bibliographical references (pages 25-26)  
<br/><br/>  Agricultural value chains are non-inclusive due to the breakdown of institutions and markets <br/>                           for goods and services, especially those most needed by the poor. The highest transaction costs<br/>                           are experienced by smallholders at the end of the value chain where the extent of market failures <br/>                           is typically most severe. Lead firms and other powerful players in the value chain have the <br/>                           capacity to influence the governance and the outcome of value chains for smallholders, potentially <br/>                           making them powerful forces for inclusion. Their decision to directly address market and <br/>                           institutional failures instead of merely ‘purchasing’ efficiency changes the whole dynamics of the <br/>                           value chain. The typical trickle-down growth mindset where efficiency is given priority over <br/>                           equity is reversed, thereby initiating the build-up of social investments for smallholders. This <br/>                           complementarity of private, public, and non-profit investments through sectoral partnerships is <br/>                           thus one of the basic pillars of inclusive value chains. This paper examines the transitions from <br/>                           non-inclusive to inclusive value chains and culls several lessons from three cases of inclusive <br/>                           business models in agricultural chains in the Philippines.<br/> 
<br/><br/><label>ISSN: </label>2619-7448 
<br/><br/><label>Subjects--Topical Terms: </label><br/>Economic development projects  --Philippines. <br/>Agricultural industries  --Philippines. <br/>Agricultural development projects  --Philippines. <br/>Agriculture  --Economic aspects  --Philippines.