The Need to Develop the Horticulture Business in Developing Countries
Extensive expert research and funding are imperative factors to overcome losses in the horticulture industry. Recent studies show crop harvest suffered losses within the past decade as much as 90 percent (Kapiriri, p.1). The overall goal should render substantial focus to attain long-term remedy measures to curb high mortality margins if not to minimize them. These occupy a handful of deficient handling issues that hamper post harvest horticulture processes for feasible commercial distribution, meet consumer demand at high margins, and attract extensive income margins, stretch the call to avail effective improvement schemes, financing resources, agricultural, marketing and technology solutions catered at local and international levels. Concrete issues, for example, concentrate on the lack of road infrastructure, trading and transportation setbacks, poor qualitative and quantitative national manufacturing, globally and nationally incompetent trade and enforcement standards and protocol, lack of skills and awareness training for the individual services in demand, deficient and ineffective financial resources and ties and lack of support of intergovernmental and nongovernmental organizations, to support the marketability of world-class services. The World Bank, the Asian Development Bank, corporate shareholders of various corporations, the academe, local development agencies, among a few examples, bear accountability on harvesting methods, product grading, packaging and refrigeration or cooling technologies attribute to respective financing capacities Post-Harvest Management of Fruits and Vegetables in the Asia-Pacific Region (Anon., 2006). Developing countries this decade are called to the new emerging markets as the core supply niche due to affordable labor prices, talent diversity and their ability to provide large-scale production to multiple industries with substantial involvement and with particular attention to international trade and commerce. To suffice the rapid surge of demand and subsequent supply in the food industry data global scale, these require surplus and crossboard reinventions in the horticulture-linked markets recommended to start at domestic levels. To provide solutions to suppress poverty, boost export volume and employment in Uganda, the horticulture industry is one of those affected industries that demand close attention for development(Kapiriri, p.2)
The following employ recommendations for courses of action to take in the following markets:
Financing Options: Because of their large scale setbacks that attribute to lack of capital and affordability, the horticulture-linked industries and companies need formidable financing ties with the World Bank through the International Finance Corporation, International Monetary Fund, and the largest investment bankers to aid the finance of requisite resources critical to infrastructure and who provide the ability to raise credit rating ability, large-scale equity from conversion of debt-financing and able to swap interest rates should inflation hover the market vulnerable to developing countries. Inflation is typical to escalate in areas of low credit and the key to overcome this hindrance concentrates on the financial profile to encourage developing small-to-medium scale businesses. This approach is relevant to the regional profiles of Africa entwined with the risk of interest rates escalation due to their low credit rating and perceived links with terrorism and geographic location issues that attribute to remoteness. Governments should proactively seek convincing measures to promote capital-raising schemes aside from banks to cater integrity purposes and avert an increasing negative, stereotype impression and remedy by affixing credit with large-scale institutional investors. Along comes the human appetite for education and knowledge to come up with effective financing schemes and funding the industries. On an international level, government and nongovernment organization should create an endowment fund and escrow arrangement as an alternative method to receive donations that conforms to promoting effective market initiatives and incentives to contributing governments to encourage funding at donor levels.
Lobby Organizational Development: Government organizations should proactively initiate the revamp of the stereotype cultural characteristic of idleness in the local levels to mobilize emerging markets particular salient in African countries by vital promotion and support of ministries that uphold education, interpersonal and skill development and encourage funding and conduct of pervasive research development at post-tertiary level institutions. At the same token nongovernmental organizations should lobby to legislative and executive bodies at local and state levels conforming to established standards of elective norms to eligibly push initiatives into law.Postharvest Management of Fruits and Vegetables in the Asia-Pacific Region (Anon.,2006).
Establish International Trade Market and Custom Rates: Increasing population of emerging economies infuse at rapid paces with the global economy by establishing international trade partnerships and through a latest trend of mergers and acquisitions to strengthen capital, market and competition leverage. While the exploitation risk by acquisition by another foreign company onsets on the case of Uganda, companies in the country may find it vulnerable to intimidate to a relatively fragile economy, and a scant acceptance and knowledge among its local population how these solutions may feasible to work through mergers and acquisitions. In line to optimizing international trade, a competent tariff rate schedule along the guidance of an institutionalized international economic, banking and financial system should guide monetary keen enforcement of customs and other treasury duties that boost revenue and simultaneously develops a positive image towards a global economy.
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