Examiners want: Western critique versus risk, credit, tenure and information constraints; evidence from developing countries; policy implications for extension
It is sometimes asserted that small peasant frames are backward and ignorant because they seem to resist agricultural innovations that could raise farm yields substantially. Does this resistance stem from an inherent "irrationality" on their part or might it be attributable to some other factors often over looked by Western economists? Explain your answer.
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News about this debate watches for: smallholders, subsistence farming, risk aversion, agricultural extension, crop insurance, microcredit, farm technology adoption, tenancy, rural credit, farm yields.