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              <text>Monopsonistic exploitation in contract farming: Articulating a strategy for grower cooperation</text>
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              <text>Agriculture; Asset specificity and bargaining power; Contract farming; India; Monopsonistic exploitation; Small peasant</text>
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              <text>Contract farming has been considered a new hope to instil dynamism in third world agriculture. However, there remains serious concern whether small peasants will be able to benefit from this system since buyers may often be a single large or at most, few large corporations, a typical case of monopsony. In this paper we question the basis of the fears that are often raised in the literature. A clear analytical approach to understanding the (economic) meaning of monopsony helps us articulate a strategy for grower cooperation that could effectively deal with monopsony power in contract farming systems. Copyright  2007 John Wiley &amp;amp; Sons, Ltd.</text>
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              <text>Sivramkrishna S.; Jyotishi A.</text>
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              <text>Journal of International Development, Vol-20, No. 3, pp. 280-296.</text>
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              <text>&lt;a href="https://doi.org/10.1002/jid.1411" target="_blank" rel="noreferrer noopener"&gt;https://doi.org/10.1002/jid.1411&lt;/a&gt;
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              <text>ISSN: 10991328</text>
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              <text>Sivramkrishna S., Foundation to Aid Industrial Recovery, Richmond Town, Bangalore 560 025, No. 11, Prime Street, India; Jyotishi A., Ohio University-Christ College Academy for Management Education, Bangalore, India</text>
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