An agricultural problem emerging in high-performing Asian economies
Policies tending to tax farmers in low-income countries and subsidize them in high-income countries have been identified as a major source of disequilibrium for world agriculture. Recently, on advancing from low-income to middle-income status thanks to successful industrialization, many high-performing economies in Asia have been confronted with the problem of a widening income gap between farm and non-farm workers, corresponding to rapid shifts in comparative advantage from agricul-ture to manufacturing. In order to prevent this disparity from culminating in serious social and political instability, policies have been reoriented towards supporting farmers’ incomes. At the same time, governments in middle-income countries must continue to secure low-cost food for the urban poor, who remain numerous. The need to achieve the two conflicting goals with the still weak fiscal capacity of governments tends to deprive agricultural policies of real efficacy in such economies. Greater re-search inputs in this area are called for in order to prevent the growth momentum of high-performing economies in Asia from being disrupted by political crises.
Volume (Year): (2008)
Issue (Month): 1 (March)
|Contact details of provider:|| Postal: |
Phone: +39 06 57114743
Fax: +39 06 57114774
Web page: http://host.uniroma3.it/associazioni/rossidoria/qa.asp
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Hayami, The late Yujiro & Godo, Yoshihisa, 2005. "Development Economics: From the Poverty to the Wealth of Nations," OUP Catalogue, Oxford University Press, edition 3, number 9780199272716, March.
When requesting a correction, please mention this item's handle: RePEc:rar:journl:0069. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.