EFFECT OF AGRICULTURAL EFFICIENCY IMPROVEMENT ON SUDAN ECONOMY | Author : AZHARIA ABDELBAGI ELBUSHRA, ALI ABDELAZIZ SALIH, OMER ELGAILI ELSHEIKH | Abstract | Full Text | Abstract : This study attempts to assess the impact of improving agricultural efficiency on Sudan economy. It focuses on the effect of improving the efficiency of sesame, sorghum, cotton, wheat; due to their economic important in Sudan economy; on macroeconomic and sectoral variables. It uses the International Food Policy Research Institute (IFPRI) standard Computable General Equilibrium (CGE) model to achieve its objectives. Sudan Social Accounting Matrix (SAM) for year 2004 constitutes the core database for the CGE model. The model results reveal that improving the efficiency of each agricultural commodity would increase its own output and exports, and reduce exports of the other commodities. However, the expected increases in output would generate different mixed changes on the other crops. It also indicates that improving wheat production efficiency would result in reducing its import, while improving the efficiency of the aggregate agricultural sector would increase wheat imports. The overall effect of improved efficiency of each commodity would improve the GDP due to improvement in private consumption and investment regardless of balance of trade deterioration. The study recommends an integrated agricultural efficiency improvement to achieve sound economic performance. It also encourages the innovation of fast food from local commodities to improve the balance of payment. |
| CHALLENGES OF SMALL SCALE FARMERS ACCESS TO MICRO CREDIT (BADA KAKA) IN GASSOL LGA, TARABA STATE, NIGERIA | Author : E. D. ORUONYE AND MUSA Y. N. | Abstract | Full Text | Abstract : Farm credit accessibility has been seen as the surest way of breaking the vicious cycle of poverty in the rural areas of developing countries, particularly in sub Saharan Africa. This study examines the challenges of farm credit accessibility by small scale farmers in Gassol LGA of Taraba State, Nigeria. One hundred and forty (140) farmers were randomly selected from 4 communities in the 2 districts of the LGA. Data collected were analysed using descriptive statistics tools. The results of the findings show that 70 percent of the farmers in the study area participated in the local micro credit scheme (bada kaka). 68 percent of the farmers viewed this local method of micro credit as a method of negotiating a farmer’s produce before the commencement of the farming season. About 17% of the farmers believed that the local micro credit system is exploitative and does not guaranty increase agricultural productivity. In conclusion, there is need to redesign government agricultural micro credit financing policy to guaranty continuous and timely provision of micro credit to farmers at a very low interest rate. |
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