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Agricultural growth and economic development: a view through the globalization lens

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  • Prabhu Pingali

Abstract

This article re-visits the age-old proposition that agriculture growth contributes to overall economic development, and asks whether the relationship still holds in an increasingly globalized world. There is overwhelming empirical support for the above proposition, indeed, it is hard to find exceptions, barring a few city states, where sustained economic development has not been preceded by robust agricultural growth. However, there are a large number of countries that have witnessed neither agricultural growth nor economic development. Even in countries where agricultural growth has been significant, dramatic inter-regional differences persist. This article examines the factors that contribute to or constrain the process of agricultural transformation. Does the process of globalization, and the resultant changes in agrifood systems, offer new opportunities for agriculture-led growth, or will it further marginalize excluded countries, regions, and groups? The factors that cause exclusion are examined both in terms of globalization forces and in terms of domestic shortcomings in policies and governance. Policy interventions that attempt to reduce the costs of transition to a globalized agricultural system are explored, including safety nets for those left behind. Copyright 2007 International Association of Agricultural Economists.

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Bibliographic Info

Article provided by International Association of Agricultural Economists in its journal Agricultural Economics.

Volume (Year): 37 (2007)
Issue (Month): s1 (December)
Pages: 1-12

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Handle: RePEc:bla:agecon:v:37:y:2007:i:s1:p:1-12

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Cited by:
  1. James Roumasset, 2007. "Population and Agricultural Development," Working Papers, University of Hawaii at Manoa, Department of Economics 200702, University of Hawaii at Manoa, Department of Economics.
  2. Mergenthaler, Marcus & Weinberger, Katinka & Qaim, Matin, 2009. "The food system transformation in developing countries: A disaggregate demand analysis for fruits and vegetables in Vietnam," Food Policy, Elsevier, Elsevier, vol. 34(5), pages 426-436, October.
  3. Muriithi, Beatrice & Matz, Julia, 2014. "Smallholder Participation in the Commercialisation of Vegetables: Evidence from Kenyan Panel Data," Discussion Papers, University of Bonn, Center for Development Research (ZEF) 164665, University of Bonn, Center for Development Research (ZEF).
  4. Jose, Ariyappillil Mathai, 2008. "Recent Developments in the Rwandan Agriculture: The Challenges of Attaining Food Security and Abolishing Absolute Poverty," 2007 Second International Conference, August 20-22, 2007, Accra, Ghana, African Association of Agricultural Economists (AAAE) 52131, African Association of Agricultural Economists (AAAE).
  5. Balogh, Peter & Ertsey, Imre & Szucs, Istvan, 2009. "Answer to the challenges of the 21st century in the Hungarian pig sector," 2009 Conference, August 16-22, 2009, Beijing, China, International Association of Agricultural Economists 51027, International Association of Agricultural Economists.
  6. Muriithi, Beatrice & Matz, Julia, 2014. "Welfare Effects of Vegetable Commercialization: Evidence from Smallholder Producers in Kenya," Discussion Papers, University of Bonn, Center for Development Research (ZEF) 166029, University of Bonn, Center for Development Research (ZEF).
  7. Dev, S. Mahendra, 2009. "Challenges for Revival of Indian Agriculture," Agricultural Economics Research Review, Agricultural Economics Research Association (India), Agricultural Economics Research Association (India), vol. 22(1).

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