Abstract
The agriculture sector is one of the economic pillars in a developing country. For the better governance of the sector, Market Information System (MIS) was promoted in 1980 in developing countries after the liberalization of the market and the withdrawal of Para-public from the agricultural sector. From the perspective of economic theory, the emergence of an MIS in an economy is supposed to reduce information search costs and influence the behaviour of economic agents such as producers, traders and consumers. So these agents should have access to this information to guide their decisions.
Highlights
Market Information System (MIS) is a tool that collects and disseminates information to market players [1]
The Market Information System (MIS) is on one hand a system which improves the marketing of agricultural products, and on the other hand reinforces the relevance of agricultural, food and commercial policies by better taking into account the situation and the dynamics markets [2]
The first option is working with NGO (Non-Governmental Organizations) helps the MIS financially, helps them to cover the costs for certain categories of people and developing USSD platforms that allow users to get a great diversity of information via a simple cell phone, for the cost of one SMS
Summary
Market Information System (MIS) is a tool that collects and disseminates information to market players [1]. The MIS was introduced in Madagascar in the 2000s and is helping so far the agricultural sector of my country, such is the [4] OdR (Observatoire du Riz) or Rice Observatory which run the rice MIS in all the districts of Madagascar and [5] SIEL (Service d’Information Économique des Légumes). It is interested in the five vegetables of major economic importance in Madagascar: tomatoes, potatoes, carrots, onions and green beans. This article is going to expose the seven impacts in which the MIS still need a breakthrough
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have