The structure and the terms of participation in the markets were generally in favour of the settler farmers. Capital markets, for instance, provided them with enormous credits at interest rates considerably below genuine market levels. They were also beneficiaries of the subsidy scheme meant to facilitate speedy land
acquisition which could in turn create scarcity in order to push the natives
Tuesday, 29 May 2012
Structure of Markets for Inputs and Outputs in Colonial Kenya
Posted on 17:02 by Unknown
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