researcher spotlight

Manuel Hernandez is a Senior Research Fellow in the Markets, Trade, and Institutions Unit of IFPRI. He has more than 20 years of experience in diverse projects in Latin America, Africa, and Asia on development issues related to agricultural and labor markets, food security and nutrition, industrial organization and regulation, price analysis, and the informal economy. His current research focuses on impact evaluation linked to rural development and food security projects, migration, functioning of oligopoly markets and value chains, and price volatility.

TOPIC

Markets and Value Chains

Well-functioning markets for agricultural inputs and agrifood products are essential for economic growth and development, as well as food and nutrition security. The development, marketing, distribution, and use of agricultural inputs play an important role in determining production and yields. Agricultural growth and development require efficient and inclusive value chains for agricultural outputs, dynamic markets, efficient contract farming arrangements, horizontal coordination mechanisms, access to information and risk-coping tools for producers and traders, and opportunities for increasing gender equity. But ineffective policies, weak institutions, and inadequate infrastructure often prevent developing countries from moving toward a more market-oriented agricultural economy.

IFPRI researchers study food and agricultural value chains to better understand how to address these challenges. Using tools and experimental approaches developed by IFPRI, researchers test and validate innovative marketing arrangements and public interventions meant to help develop value chains that are efficient, inclusive, and resilient to external shocks. Our work builds understanding of the challenges and opportunities related to risk management, collective action, market failures and missing markets, and public investments to reduce gaps in physical infrastructure.

IFPRI’s research on this topic is closely aligned with the Sustainable Development Goals (SDGs), including SDG 1, SDG 2, SDG 9, SDG 10, and SDG 16, and the CGIAR Impact Areas on Nutrition, Health, and Food Security and Poverty Reduction, Livelihoods, and Jobs.