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Download e-book for iPad: Agricultural Development Policy: Concepts and Experiences by Roger D. Norton

By Roger D. Norton

ISBN-10: 047085779X

ISBN-13: 9780470857793

ISBN-10: 0470857803

ISBN-13: 9780470857809

Ready less than the aegis of the nutrition and Agriculture association of the United countries (FAO), this article provides a clean and complete examine agricultural improvement coverage. It offers a transparent, systematic evaluate of vital periods of coverage matters in constructing international locations and discusses the rising overseas consensus on potential techniques to the problems.

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1 Types of Agricultural Policies After the why of agricultural policy, the next major question is what does it consist of ? The content of macroeconomic policy is unambiguous: the fiscal deficit, the money supply, instruments required to move those variables to their target levels, such as government spending and revenue collection, bond issuance, monetary targets, interest rates, reserve requirements, banking regulations and the like, and, in many economies, the exchange rate. In spite of the great antiquity of agriculture, and of government interventions in agriculture, there is not a similar consensus about the substance of agricultural policy.

18 AGRICULTURAL POLICY FRAMEWORK affect urban communities if appropriate policies for ameliorating the damage are not in place. These observations indicate that agriculture’s performance has a significant effect on the rest of the economy, and vice versa. However, there is yet another, more fundamental, reason why agriculture is different from other sectors in the economy. Labor and capital can be moved from one industry to another, or one service activity to another, with varying degrees of ease or difficulty, and back again if circumstances should so dictate.

Because of the path-breaking work of . . Theodore W. Schultz (1964)9, the important role of investment in human capital in economic growth has received increasing consideration. The evidence is now very strong that Support of research The recent unparalleled rates of growth of food production in developing countries owe much to the provision of a public good, agricultural research. , 1979)10. . Information Market information is essential for the efficient functioning of markets. In developing economies and those in transition, such information is unlikely to be adequately supplied by market institutions and, unfortunately, little is 8.

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Agricultural Development Policy: Concepts and Experiences by Roger D. Norton


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