Risk management in the rain-fed sector of Sudan [Elektronische Ressource] : case study, Gedaref area eastern Sudan / by Rajaa Hassan Mustafa

INSTITUTE OF AGRICULTURAL AND FOOD SYSTEMS MANAGEMENT FACULTY OF AGRICULTURAL AND NUTRITIONAL SCIENCES, HOME ECONOMICS AND ENVIRONMENTAL MANAGEMENT JUSTUS – LIEBIG UNIVERSITY, GIESSEN Risk Management in the Rain-fed Sector of Sudan: Case Study, Gedaref Area Eastern Sudan By Rajaa Hassan Mustafa M Sc. Agriculture Economics (1997) Faculty of Agricultural Sciences University of Gezira – Sudan May 2006 A Dissertation Submitted in Fulfillment of the Academic Degree of Doctor of Agricultural Sciences (Dr. Agr.) Supervisor Prof. Dr. Dr. h. c. Friedrich Kuhlmann Preface This study is a part of a series of analysis of the economic development and social problems in developing countries, carried out at the University of Giessen within the DAAD program “Agricultural Economics and Related Sciences”. The underlying empirical research work, including a six month field study was done during the period 2001-2006 and has led to a PhD degree for the author. The Study aims mainly to analyze the rain-fed mechanized farming system of Eastern Sudan under uncertainty with special reference to yield and price instability. The research work results show that business and financial risks can have serious implications for farmer’s decisions and farm income variability.