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Benefiting Honduran farmers through competition reforms (English)

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.

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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