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What Kind of Agricultural Strategies Lead to Broad-Based Growth: Implications For Country-Led Agricultural Investment Programs

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  • Jayne, Thomas S.
  • Boughton, Duncan

Abstract

Without renewed attention to sustained agricultural productivity growth, most small farms in developing countries will become increasingly unviable economic and social units. Sustained agricultural productivity growth and poverty reduction will require progress on a number of fronts, most importantly increased public goods investments to agriculture; a policy environment that supports private investment in input, output, and financial markets and provision of key support services; a more level global trade policy environment; supportive donor programs; and improved governance. Subsidies, if they are focused, appropriately conceived, effectively implemented, and temporary, can play a complementary role but should not – based on both the Asian and African evidence presented here – be seen as the primary engine of growth. Most of these challenges can be met through country-led agricultural investment strategies that mobilize the political will to adopt the policies and public investments which substantial evidence demonstrates have the greatest chances of 5 driving sustainable pro-poor agricultural growth.

Suggested Citation

  • Jayne, Thomas S. & Boughton, Duncan, 2011. "What Kind of Agricultural Strategies Lead to Broad-Based Growth: Implications For Country-Led Agricultural Investment Programs," Food Security International Development Policy Syntheses 107459, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    • Handle: RePEc:ags:midips:107459
    DOI: 10.22004/ag.econ.107459
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    References listed on IDEAS

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    Cited by:

    1. Gao YUANDONG & Wen TAO & Yi WEN & Wang XIAOHUA, 2013. "A spatial econometric study on effects of fiscal and financial supports for agriculture in China," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 59(7), pages 315-332.
    2. Johann, Kirsten & Mapila, Mariam & Okello, Julius J. & De, Sourovi, 2013. "Managing Agricultural Commercialization for Inclusive Growth in Sub-Saharan Africa," Working Papers 206518, University of Pretoria, Department of Agricultural Economics, Extension and Rural Development.
    3. Yun Xu & Xiaoping Qiu & Xueting Yang & Guojie Chen, 2018. "Factor Decomposition of the Changes in the Rural Regional Income Inequality in Southwestern Mountainous Area of China," Sustainability, MDPI, vol. 10(9), pages 1-15, September.
    4. Xiaohua Wang & Meilan Chen & Xi He & Fangfang Zhang, 2018. "Credit Constraint, Credit Adjustment, and Sustainable Growth of Farmers’ Income," Sustainability, MDPI, vol. 10(12), pages 1-15, November.

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