IDEAS home Printed from https://ideas.repec.org/p/ags/aaae10/96435.html
   My bibliography  Save this paper

Budget Allocation for Rural Agricultural Development in the NWP: A Multiple Criteria Analysis

Author

Listed:
  • van der Merwe, J.D.
  • Cloete, Philip C.
  • van Schalkwyk, Herman D.

Abstract

In the light of past development failures, coupled with the pressure on government to deliver on their promises made, a framework is needed to improve the success of rural agricultural development. Consequently, detailed agricultural development plans were drafted with the intent to provide a framework or roadmap that will enable small-scale farmers to be more successful over the long term. However, development plans can only improve the success of agricultural development once they are implemented. This conveys another dimension of agricultural development, with government that is often faced with strict budget constraints. Budget allocations to agricultural development initiatives should therefore be done in a way that will yield the highest economic, social and environmental returns. Such a decision can become extremely complicated when in search of optimal allocation of limited budget resources. Consequently, a decision support system that will guide budget allocation for agricultural development initiatives is sorely needed. This article provides a framework on how multiple-criteria analysis can be used as a decision support tool that will ensure optimal budget allocation for agricultural development.

Suggested Citation

  • van der Merwe, J.D. & Cloete, Philip C. & van Schalkwyk, Herman D., 2010. "Budget Allocation for Rural Agricultural Development in the NWP: A Multiple Criteria Analysis," 2010 AAAE Third Conference/AEASA 48th Conference, September 19-23, 2010, Cape Town, South Africa 96435, African Association of Agricultural Economists (AAAE).
    • Handle: RePEc:ags:aaae10:96435
    DOI: 10.22004/ag.econ.96435
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/96435/files/180.%20Budget%20allocation%20for%20Agricultural%20Development%20in%20the%20NWP.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.96435?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Magingxa, Litha Light & Kamara, Abdul B., 2003. "Institutional Perspectives Of Enhancing Smallholder Market Access In South Africa," 2003 Annual Conference, October 2-3, 2003, Pretoria, South Africa 19077, Agricultural Economics Association of South Africa (AEASA).
    2. Kyriaki Kosmidou & Constantin Zopounidis, 2008. "Measurement of Bank Performance in Greece," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 6(1), pages 79-95.
    3. repec:bla:devpol:v:24:y:2006:i:3:p:243-277 is not listed on IDEAS
    4. Litha Magingxa & Zerihun Alemu & Herman van Schalkwyk, 2009. "Factors influencing access to produce markets for smallholder irrigators in South Africa," Development Southern Africa, Taylor & Francis Journals, vol. 26(1), pages 47-58.
    5. Eicher, Carl K., 1999. "Institutions and the African Farmer," Distinguished Economist Lectures 7660, CIMMYT: International Maize and Wheat Improvement Center.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mustafa Canakcıoglu, 2019. "Evaluation Of Banking Performance Of The Balkan Countries With An Integrated Mcdm Approach Consist Of Entropy And Ocra Techniques," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 13(1), pages 341-366.
    2. Ahmadyan , Azam & Shahchera , Mahshid, 2018. "Effect of Asset and Liability Management on Liquidity Risk of Iranian Banks," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 13(1), pages 107-123, January.
    3. Cepi Pahlevi & Andi Ruslan, 2019. "Effect of Market Structure and Financial Characteristics on Bank Performance in Indonesia," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 9(3), pages 128-139, July.
    4. Ioan Trenca & Daniela Bozga & Daniela Zapodeanu & Mihail Ioan Cociuba, 2017. "Considerations On The Strategy Of Commercial Banks In The Context Of The Financial System Development For The Period 2005-2013," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 248-258, December.
    5. Falcon, W. P. & Fowler, C., 2002. "Carving up the commons--emergence of a new international regime for germplasm development and transfer," Food Policy, Elsevier, vol. 27(3), pages 197-222, June.
    6. Fakudze, Bhekiwe Delisile, 2015. "An economic evaluation of the National Red Meat Development Programme in the Eastern Cape Province, South Aftrica," Research Theses 265579, Collaborative Masters Program in Agricultural and Applied Economics.
    7. Chibanda, M. & Ortmann, Gerald F. & Lyne, Michael C., 2009. "Institutional and governance factors influencing the performance of selected smallholder agricultural cooperatives in KwaZulu-Natal," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 48(3), pages 1-14, September.
    8. Abhijit Das & Rashmi Banga & Dinesh Kumar, 2011. "Global Economic Crisis : Impact and Restructuring of the Services Sector in India," Microeconomics Working Papers 23225, East Asian Bureau of Economic Research.
    9. Phatela Raleting & Ajuruchukwu Obi, 2015. "An Analysis of Institutional Factors Influencing Vegetable Production amongst Small-Scale Farmers in Six Vegetable Projects of the Nkonkobe Local Municipality," Journal of Agricultural Science, Canadian Center of Science and Education, vol. 7(6), pages 184-184, May.
    10. Fadzlan Sufian & Muhamed Zulkhibri, 2015. "The Nexus between Economic Freedom and Islamic Bank Profitability in the MENA Banking Sectors," Global Business Review, International Management Institute, vol. 16(5_suppl), pages 58-81, October.
    11. Sufian, Fadzlan & Habibullah, Muzafar Shah, 2010. "Does economic freedom fosters banks’ performance? Panel evidence from Malaysia," Journal of Contemporary Accounting and Economics, Elsevier, vol. 6(2), pages 77-91.
    12. Mouna Rekik & Maha Kalai, 2018. "Determinants of banks’ profitability and efficiency: Empirical evidence from a sample of Banking Systems," Journal of Banking and Financial Economics, University of Warsaw, Faculty of Management, vol. 1(9), pages 5-23, May.
    13. Fadzlan Sufian & Muzafar Habibullah, 2009. "Bank specific and macroeconomic determinants of bank profitability: Empirical evidence from the China banking sector," Frontiers of Economics in China, Springer;Higher Education Press, vol. 4(2), pages 274-291, June.
    14. Christopoulos, Apostolos G. & Dokas, Ioannis G. & Katsimardou, Sofia & Spyromitros, Eleftherios, 2020. "Assessing banking sectors’ efficiency of financially troubled Eurozone countries," Research in International Business and Finance, Elsevier, vol. 52(C).
    15. Johnson, M., 2014. "Exploring strategic priorities for regional agricultural research and development investments in Southern Africa," IWMI Working Papers H046297, International Water Management Institute.
    16. Muhammad Mahmood Shah Khan & Farrukh Ijaz & Ejaz Aslam, 2014. "Determinants of Profitability of Islamic Banking Industry: An Evidence from Pakistan," Business & Economic Review, Institute of Management Sciences, Peshawar, Pakistan, vol. 6(2), pages 27-46, October.
    17. Bruce L. Gardner, 2005. "Causes of rural economic development," Agricultural Economics, International Association of Agricultural Economists, vol. 32(s1), pages 21-41, January.
    18. Barham, James & Chitemi, Clarence, 2008. "Collective action initiatives to improve marketing performance: Lessons from farmer groups in Tanzania," CAPRi working papers 74, International Food Policy Research Institute (IFPRI).
    19. Johnson, Michael E. & Benin, Samuel & You, Liangzhi & Diao, Xinshen & Chilonda, Pius & Kennedy, Adam, 2014. "Exploring strategic priorities for regional agricultural research and development investments in southern Africa:," IFPRI discussion papers 1318, International Food Policy Research Institute (IFPRI).
    20. Belousova, Veronika & Karminsky, Alexander & Kozyr, Ilya, 2018. "The macroeconomic and institutional determinants of the profit efficiency frontier for Russian banks," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 49, pages 91-114.

    More about this item

    Keywords

    International Development;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aaae10:96435. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaaeaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.