Introduction

Sasha Breger Bush

Chapter Chapter 1 in Derivatives and Development, 2012, pp 1-11 from Palgrave Macmillan

Abstract: Abstract One in five people on Earth is a small farmer2. And for small farm ers, these are difficult times. While farming has always been a risky proposition—what with the weather, pests, and disease—it has grown more so over the past several decades. In addition to dealing with the usual challenges, small farmers today must also battle volatile and falling prices, deteriorating ecological conditions, fierce and lopsided global competition, and suffocating pressures from the big companies that provide farm inputs and buy farm products. Making matters more difficult still, gov ernments of developed and developing countries alike no longer provide the assistance and support to smallholders that they used to offer in the past. Indeed, “Problems of poverty, marginalization and disempowerment connected to processes of globalization have resulted in small-scale farmers in both the North and South becoming the weakest players in the global market.”3

Keywords: Credit Default Swap; Price Risk; Derivative Market; Coffee Farmer; Coffee Price (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-06265-9_1

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DOI: 10.1057/9781137062659_1

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