Beyond Agriculture And Economics

A collection of four essays and responses on the topics of: (1) Managerial decision making; (2) Investment-Disinvestment Theory; (3) Agricultural policy (domestic and international); and (4) Methodology and valuational processes.

Academic Paper from the year 2020 in the subject Economics - Economic Cycle and Growth, , language: English, abstract: Those of us who preach the gospel of agriculture with evangelical zeal find the text compelling and convincing. We are regularly possessed by the spirit only to look around and see out colleagues, in other sectors, in country management, or even our senior management doubting, yawning or subtly edging towards the door. We face the implicit query, “If agriculture can do such great things, why have they not yet happened?” The past decade has been one of agro-pessimism. The promises that agricultural development seem to hold did not materialise. This pessimism seemed to coincide with pessimism about Sub-Saharan Africa. Especially for Sub-Saharan Africa the hope was that economic development would be brought about by agricultural development. After the success of the green revolution in Asia, the hope was that a similar agricultural miracle would transform African economies. But this hope never materialised, agricultural productivity did not increase much in SSA, and worse, the negative effects of the green revolution in Asia became more apparent, such as pesticide overuse and subsequent pollution. Also in Asia the yield increases tapered off. The sceptics put forward several arguments why agriculture is no longer an engine of growth. For instance, the liberalisation of the 1990s and greater openness to trade has lead to a reduction in the economic potential of the rural sector: cheap imported Chinese plastic buckets out compete the locally produced pottery. On the other hand, it does mean cheaper (imported) supplies. With rapid global technical change and increasingly integrated markets, prices fall faster than yields rise. So, rural incomes fall despite increased productivity if they are net producers. The integration of rural with urban areas means that healthy young people move out of agriculture, head to town, leaving behind the old, the sick and the dependent. It is often also the men who move to urban areas, leaving women in charge of the farm. This has resulted in the increased sophistication of agricultural markets (and value chains) which excludes traditional smallholders, who are poorly equipped to meet the demanding product specifications and timeliness of delivery required by expanding supermarkets. The natural resource base on which agriculture depends is poor and deteriorating.

The importance of agricultural growth to poverty reduction is well known, but the specific channels through which the poor can take advantage of growth require further research. Bresciani and Valdâs investigate four important channels: rural labour markets, farm incomes, food prices, and linkages to other economic sectors. Part 1 looks at the synthesis and theoretical background and part 2 is country case studies

This book presents a challenge to the long held view that the predominantly agricultural economies of ancient Greece and Rome were underdeveloped. It shows that the exploitation of natural resources, manufacturing and the building trade all made significant contributions to classical economies. It will be an indispensable resource for those interested in the period.

This book, which is the result of an intellectual odyssey, began as an attempt to explore and map the environmental and cross-cultural dimensions of the continuing spread of the green revolution-that package of high-yielding varieties of grain, fertilizers, irrigation, and pesticides that constitutes the core of modern industrial agriculture. In the process of traversing the terrain of several intellectual traditions and cutting through various disciplinary forests and thickets, a number of striking observations were made-all leading to two sober ing conclusions. First, most intellectual maps dealing with agriculture fail to recognize it as the basic interface between human societies and their environment. Because of this, they are little better than the "flat earth" maps of earlier centuries in helping to understand global realities. Second, when agriculture is analyzed from a global perspec tive that takes evolution seriously, one sees that the ecological risks as well as the energy and social costs of modern industrial agriculture make it largely inappropriate for developing countries. Beyond that, one can see a great need within industrialized countries to develop less costly, less risky, and more sustainable agricultural alternatives. Early in the journey it became clear that conventional disciplinary approaches were inadequate to comprehend the scope and diversity of global agriculture and that a new multilevel approach was needed. It also became clear that any new approach would have to try to correct certain Western biases and blind spots.

Agricultural markets have entered a long-term process of liberalization, with the aim of reducing imposed market imperfections such as monopolistic public trade, entry barriers and subsidies. The experience of more than a decade of agriculture liberalization offers a good opportunity to review and analyze the outcome of this process and to draw lessons for the future. The central topic in Agricultural Markets Beyond Liberalization is the relationship between market structure and how markets perform in a dynamic context during a liberalization process. The topic is studied from both a micro and macro viewpoint and refers to different types of agricultural markets. This volume brings together the dynamics of agricultural markets in several parts of the world, with a special focus on transition economics and Africa. The different studies cover geographical areas as wide as a district as well as a group of countries, and institutions from individual contracts to multi-national organizations. The analysis of liberalization under different circumstances, and the different methods of analysis used by the authors provide a valuable foundation for the assessment of liberalization.

The importance of agricultural growth to poverty reduction is well known, but the specific channels through which the poor can take advantage of growth require further research. This publication takes on this challenge, investigating four important channels: rural labor markets, farm incomes, food prices, and linkages to other economic sectors. Using six developing country cases (Chile, Mexico, India, Indonesia, Ghana, South Africa), this study elucidates the mechanisms linking agriculture growth to economic development and the wellbeing of the poor. The evidence shows that governments should view the sector's contribution in wider terms, recognizing both its interaction with other economic sectors, and that labor markets and trade policies can play a critical role in mediating agriculture's impact on poor households' incomes. To achieve effective rural poverty strategies the book calls for a broad economy-wide perspective on the role of agriculture in the overall growth process.--Publisher's description.

In this important book on the present situation and prospects of agriculture in post-independent Eritrea, Tesla Gebremedhin emphasizes the crucial role of this sector in the overall social and economic growth and development of the country. This is a timely book that addresses issues of economic recovery, widespread poverty, deep-rooted underdevelopment, women's rights, and progressive environmental degradation in the newly independent African nation. A comprehensive review of the characteristics of the technical and institutional constraints and economic potentials of agriculture for development is presented in detail. Appropriate strategy and practical policy options for achieving and maintaining sustainable agriculture and rural development are thoroughly discussed. The book also provides rigorous economic analysis and valuable insights into development dynamics of an agrarian society which are relevant to any developing country. In addition, in-depth examination is made of the country's historical social institutions and economic structures, its traditional and conventional systems of land tenure and land-use policy, and the current perspective of local administration. Tesfa has made an important contribution to the understanding of the agricultural sector as it relates to the economic and political development of post-independent Eritrea. The book concludes with significant policy recommendations for consideration by decision-makers as well as development workers.