Since natural resources often transcend individual farmers' boundaries and political boundaries, externalities, due to this interdependence in use, often occur. Furthermore, since these externalities are mostly negative, this report proposes a new unit of account for investments, policy formulation, appraisal and implementation in the agriculture sector. The new unit of account should be the Total Catchment Area (TCA) which is an area of land which...
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BOLETÍN DEL BANCO MUNDIAL

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