Risk and volatility of the agricultural sector in developing countries: exogenous shocks, vulnerability and resilience for small producers
Why might small farmers have greater difficulty coping with income fluctuations than large farmers? How might this become a poverty trap, and how might this vicious circle be broken? Farming and risk: an overview Risk, interpreted as a spectrum of the potential states of the world exogenous to the individuals, is a core part in the life of people…
