Agricultural Development and the Economy
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This paper explores the linkages between the agricultural and non-agricultural sectors in a developing country's economy. The paper analyzes the agricultural growth and industrial development in Taiwan, the Indian state of Punjab, the Philippines, Argentina and Colombia and discusses how all these case studies show that the lack of rural infrastructure will substantially constrain agricultural and rural income growth and constrain the linkage effects of agricultural growth. The paper asserts that to reap the full benefit of reformed agricultural prices and agricultural trade, it helps to launch simultaneous reforms outside agriculture--in land, finance, transport, and communication.
From the Paper:"Through modern irrigation methods and the use of technology by the mid-1970s, rice production in Southeast Asia was growing more than 4 percent per year; about two-thirds of the increase was attributable to higher yields, while the rest was due to expanded crop area and an increase in multiple cropping. This was a direct result of the Green revolution. (R. E. Evenson and M. W. Rosegrant, 1993)
"This intensification strategy has increased food production fast enough to meet the demand created by rapid population growth, thus staving off the famine that had been widely predicted for Asia but can the same miracle be repeated?
"Over the next several decades, the populations of developing countries will continue to grow at rapid (though declining) rates. By 2020, the global population could increase from the current total of 5.7 billion to about 8 billion. Asia could add another 1 billion people to its current total of about 3.5 billion. (P. L. Pingali, 1994)"
Cite this Analytical Essay:
Agricultural Development and the Economy (2003, October 07) Retrieved April 20, 2021, from https://www.academon.com/analytical-essay/agricultural-development-and-the-economy-35470/
"Agricultural Development and the Economy" 07 October 2003. Web. 20 April. 2021. <https://www.academon.com/analytical-essay/agricultural-development-and-the-economy-35470/>