Why do agricultural value chains fail? Part (IX): Failure to diversify
Thursday, 28 September 2017
Agricultural value chains are complex. A well-functioning value chain means there are enough incentives for producers and sellers to engage. Agricultural value chains expand with time.A value chain that existed well over a decade will have many stakeholders involved. As the complexity, the number and the scale of stakeholders increases it will not be easy to diversify the value chain, especially when incentives are not clear and large. However things will get easily complicated when the value chain starts aligning with negative externalities.
