Many developing economies still do not fully enjoy the benefits of competitive markets. Distorted markets reduce investment opportunities, increase business risks, raise the cost of essential business inputs needed to compete in domestic and international markets, and lessen the benefits of private sector participation for economic development and poverty reduction. The World Bank Group's investment climate competition policy team, as part of its support to the investment climate industry team, helped the government of the Republic of Honduras create more competitive agricultural input markets for the benefit of farmers. The project leveled the playing field for agricultural inputs by implementing transparent and non-discriminatory rules for registering new pesticides and fertilizers.
Details
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Author
Licetti, Martha Martinez
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Document Date
2014/01/01
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Document Type
Brief
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Report Number
91180
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2014/10/07
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Disclosure Status
Disclosed
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Doc Name
Benefiting Honduran farmers through competition reforms
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Keywords
farmer;agricultural input;registration process;agricultural input market;business risk;registration procedure;agriculture and livestock;competitive market;distorted market;investment product;Investment Products;business input;product registration;information products;increasing transparency;high entry;registration application;agriculture input;agricultural productivity;discriminatory treatment;lack transparency;agroprocessing activity;competition issue;agricultural employment;safe use;safe product;administrative discretion;evaluation procedure;public use;photo credit;
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Citation
Licetti, Martha Martinez
Benefiting Honduran farmers through competition reforms (English). Project brief Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/711811468251687326/Benefiting-Honduran-farmers-through-competition-reforms