Scarce budget resources should not be misallocated to the provision and subsidy of marketable inputs, especially those which benefit mainly larger farmers. The second issue I want to highlight is how we can develop a feasible strategy for the transformation of smallholder farming.
Chapter 2.2 of the Yearbook presents some interesting  BIS central bankers’ speeches  1  findings on projects run by the One Acre Fund which aim to support smallholders in East Africa; findings which are consistent with those of similar projects and of research in the region.