4  See table 8 in World Bank (2011), Agriculture for Inclusive Growth in Uganda. 4  BIS central bankers’ speeches  practises which damage the long term productivity of the soil. Secure land rights will also encourage land rentals and enable farmers to use their land as collateral for credit.
Admittedly this is an extremely sensitive issue for public policy, but its importance for the long term future of agriculture means that it cannot be ignored. Government should avoid subsidising the provision of goods and services which can be supplied by the market, such as credit and fertiliser. Subsidised farm inputs are not the best way to help smallholder farmers to raise their yields.