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Something of a Paradox: The Neglect of Agriculture in Economic Development AgEcon
Bezemer, Dirk J.; Headey, Derek D..
This paper argues that investment in agriculture has a large and continuing developmental importance in terms of both economic growth and poverty reduction. Moreover, targeted public resources have proven to be indispensable in achieving these results. Both arguments are supported with novel analyses which update and strengthen the traditional case for agriculture-led development with public-sector involvement. But despite the strong case for agriculture-led development strategies, the authors find that the financial resources allocated towards this sector have strongly declined over the last three decades, and they suggest that a shift towards new development paradigms since 1980 might be a significant explanation for this apparent Agricultural Paradox....
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural Productivity; Economic Growth; Poverty Alleviation; Urban Biases; Public Expenditure; Foreign Aid; Washington Consensus.; International Development.
Ano: 2006 URL: http://purl.umn.edu/25267
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