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Fostering global well-being: a new paradigm to revitalize agricultural and rural development

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  • Bathrick, David D.
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    Abstract

    In this paper, David Bathrick describes the almost revolutionary changes that have taken place in the economic arena in recent years. This is a story of paradigm shift, where government-led economic growth through the 1970s gave way to the increasingly market-led growth we see now. The emergence of the market in the context of globalization has meant the reduction of biases against agriculture; an emphasis on flexible responses in the production of goods and services; strengthened links between local, national, and international economies; greater integration of different sectors of the economy; and increased importance of the private sector. Bathrick argues that this demand- driven setting is forcing developing countries to assess their comparative advantages in the global marketplace and make fundamental strategic, institutional, and programmatic shifts. The resulting opportunities for growth are considerable, but so is the effort and financial support required to acquire the skills, experiences, and infrastructure necessary to adjust to the new realities. Knowledge of consumer needs, up-to-date market intelligence, and other informational and material resources that facilitate the market system need to be identified and put in place.

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    File URL: http://www.ifpri.org/sites/default/files/publications/pubs_2020_dp_dp26.pdf
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    Bibliographic Info

    Paper provided by International Food Policy Research Institute (IFPRI) in its series 2020 vision discussion papers with number 26.

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    Date of creation: 1998
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    Handle: RePEc:fpr:2020dp:26

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    Keywords: Agricultural development Rural areas Developing countries.; Economic development Developing countries.;

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    1. Anderson, Kym, 1995. "Agricultural Competitiveness After the Uruguay Round," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 63(03), December.
    2. Yujiro Hayami, 1996. "The Peasant in Economic Modernization," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(5), pages 1157-1167.
    3. Mesfin Bezuneh & Brady Deaton, 1997. "Food Aid Impacts on Safety Nets: Theory and Evidence—A Conceptual Perspective on Safety Nets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(2), pages 672-677.
    4. C. Peter Timmer, 1997. "Farmers and Markets: The Political Economy of New Paradigms," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(2), pages 621-627.
    5. Prabhu L. Pingali, 1997. "From Subsistence to Commercial Production Systems: The Transformation of Asian Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(2), pages 628-634.
    6. DeRosa, Dean A., 1995. "Regional trading arrangements among developing countries: the ASEAN example," Research reports 103, International Food Policy Research Institute (IFPRI).
    7. Garrett, James L., 1997. "Challenges to the 2020 Vision for Latin America: food and agriculture since 1970," 2020 vision discussion papers 21, International Food Policy Research Institute (IFPRI).
    8. Kerry K. Litzenberg & Alfred L. Parks, 1996. "Teaching Management Using Shared Resources and Emerging Technology," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(5), pages 1233-1237.
    9. Echeverria, R.G. & Trigo, E.J. & Byerlee, D., 1996. "Institutional Change and Effective Financing of Agricultural Research in Latin America," Papers 330, World Bank - Technical Papers.
    10. Alan Barkema & Mark Drabenstott & Scott Ryckman, 1997. "Will Foreign Capital Build Food Systems in Developing Countries?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(2), pages 613-620.
    11. Valdes, Alberto, 1993. "Mix and sequencing of economywide and agricultural reforms: Chile and New Zealand," Agricultural Economics, Blackwell, vol. 8(4), pages 295-311, June.
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