Linking Macroeconomic and Agricultural Policies for Adjustment with Growth
Linking Macroeconomic and Agricultural Policies for Adjustment with Growth

Author: Vinod Thomas

Publisher: Johns Hopkins University Press

Published: 1985

Total Pages: 280

ISBN-13:

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In the early 1980s, Colombia's economic performance slowed. During 1983-84, when this study was completed, Colombia's external accounts were facing significant difficulties. Faced with growing balance of payments problems, the government initiated an adjustment program that emphasizes export development and fiscal and monetary restraint. Some of the problems of the external sector during the first half of the 1980s could be attributed to a slowdown in the expansion of noncoffee production and exports combined with a downswing in coffee prospects. Equally important, however, were the unfavorable trends in the capital markets, which were responding to the economic and debt woes of Latin America. While international factors are crucial to an understanding of the evolving situation, this study is focused on domestic measures managed by policymakers. The book also establishes some of the requirements of medium-term performance and, emphasizing the need for sectoral revitalization, it reviews growth options in agriculture. The book is in four parts. First, it discusses trade-related macroeconomic policies, with special attention given to their connection with agriculture. This discussion includes: an overview of issues and the effects of macroeconomic policy on the agricultural sector; a review of export policy focused on management of export incentives; and import policy alternatives. Second, the study includes an assessment of price policies in agriculture, including price support and import restrictions; price stabilization issues; and policies regarding coffee production and pricing, and issues related to agricultural diversification. Third, the study examines nonpricing issues that influence the production environment in agriculture, including public and private sector investment in agriculture, and direct policies aimed at increasing agricultural productivity. Finally, the study draws out the main conclusions of the work.

Macroeconomics, agriculture, and food security
Macroeconomics, agriculture, and food security

Author: Díaz-Bonilla, Eugenio

Publisher: Intl Food Policy Res Inst

Published: 2015-10-27

Total Pages: 644

ISBN-13: 0896298590

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Why write a book on macroeconomic policies and their links to agriculture and food security in developing countries? The food price spikes of the years just prior to 2010 and the economic, political, and social dislocations they generated refocused the attention of policymakers and development practitioners on the agricultural sector and food security concerns. But even without those traumatic events, the importance of agriculture for developing countries—and for an adequate functioning of the world economy— cannot be denied. First, although declining over time, primary agriculture still represents important percentages of developing countries’ overall domestic production, exports, and employment. If agroindustrial, transportation, commercial, and other related activities are also counted, then the economic and social importance of agriculture-based sectors increases significantly. Furthermore, large numbers of the world’s poor still live in rural areas and work in agriculture. Through the links via production, trade, employment, and prices, agricultural production is also crucial for national food security. Second, it has been shown that agriculture in developing countries has important growth and employment multipliers for the rest of the economy, and agriculture seems to have larger positive effects in reducing poverty than growth in other sectors. Third, agriculture is not only important for individual developing countries, but it has global significance, considering the large presence of developing countries in world agricultural production and the increasing participation in international trade of those products (these three points will be covered in greater detail in Chapter 1).

Macroeconomic Policies for Sustainable Growth
Macroeconomic Policies for Sustainable Growth

Author: Mohan Munasinghe

Publisher: Edward Elgar Publishing

Published: 2006-05-25

Total Pages: 368

ISBN-13: 9781781958049

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'The state-of-the-art studies in this volume are to be warmly welcomed. The authors successfully explore the economic, environmental and social consequences of policy-failures, and identify practical corrective measures.' - Charles Perrings, President, International Society for Ecological Economics (ISEE) Macroeconomic policies have come under justifiable scrutiny because of their powerful and pervasive impacts throughout the economy. This book examines the sustainability of growth-oriented macroeconomic strategies, starting from early ideas linking macroeconomic policies, growth and sustainability. A comprehensive and up-to-date literature review and theoretical framework are presented, including both macroeconomic and microeconomic analyses of the linkages between the economy and the environment.

Linking Macroeconomic and Agricultural Policies for Adjustment with Growth
Linking Macroeconomic and Agricultural Policies for Adjustment with Growth

Author: Vinod Thomas

Publisher: Johns Hopkins University Press

Published: 1985

Total Pages: 280

ISBN-13:

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In the early 1980s, Colombia's economic performance slowed. During 1983-84, when this study was completed, Colombia's external accounts were facing significant difficulties. Faced with growing balance of payments problems, the government initiated an adjustment program that emphasizes export development and fiscal and monetary restraint. Some of the problems of the external sector during the first half of the 1980s could be attributed to a slowdown in the expansion of noncoffee production and exports combined with a downswing in coffee prospects. Equally important, however, were the unfavorable trends in the capital markets, which were responding to the economic and debt woes of Latin America. While international factors are crucial to an understanding of the evolving situation, this study is focused on domestic measures managed by policymakers. The book also establishes some of the requirements of medium-term performance and, emphasizing the need for sectoral revitalization, it reviews growth options in agriculture. The book is in four parts. First, it discusses trade-related macroeconomic policies, with special attention given to their connection with agriculture. This discussion includes: an overview of issues and the effects of macroeconomic policy on the agricultural sector; a review of export policy focused on management of export incentives; and import policy alternatives. Second, the study includes an assessment of price policies in agriculture, including price support and import restrictions; price stabilization issues; and policies regarding coffee production and pricing, and issues related to agricultural diversification. Third, the study examines nonpricing issues that influence the production environment in agriculture, including public and private sector investment in agriculture, and direct policies aimed at increasing agricultural productivity. Finally, the study draws out the main conclusions of the work.

The Bias Against Agriculture
The Bias Against Agriculture

Author: Romeo M. Bautista

Publisher:

Published: 1993

Total Pages: 372

ISBN-13:

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The International Food Policy Research Institute gathered experts in agricultural and economic growth from both government and academia to produce this study. Drawing on economic theory and empirical evidence, the contributors discuss the relative merits of alternative economic policies in a variety of countries, including Peru, Nigeria, Pakistan, and the Philippines. Annotation c. by Book News, Inc., Portland, Or.

Structural Adjustment & the African Farmer
Structural Adjustment & the African Farmer

Author: Alex Duncan

Publisher: Heinemann Educational Books

Published: 1992

Total Pages: 232

ISBN-13:

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This book traces the impact of structural adjustment policies upon the incomes and welfare of Africa's peasant farmers who currently operate at very low levels of productivity of both land and labour and are confronted with low household income and inadequate food security. A common method has been applied across five countries. Analyses have been made of the links between national economic policies and the various markets in which the smallholders operate, and the services and infrastructures which influence their productive capacities. There are differences in the resource base and the level of ecological deterioration, in export opportunities, in physical infrastructure and, in particular, in the depth and nature of economic policy reforms. The team have recognised the important differences between these five countries and overcome the formidable problems of collecting agricultural data in Africa. The book provides firm evidence of the impact, both positive and negative, of structural adjustment. The editors argue for a more targeted, project-specific approach to small farmer development. This complements the current, donor interest in policy related aid support.

Economic Reform, Trade and Agricultural Development
Economic Reform, Trade and Agricultural Development

Author: Ian A. Goldin

Publisher: Palgrave Macmillan

Published: 2014-01-14

Total Pages: 338

ISBN-13: 9781349231058

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Over the past decade, developing and formerly centrally planned economies have embarked on fundamental economic reforms. The reforms at the macroeconomic level - notably in fiscal, monetary and trade policies - have come under the analytic microscope. However, these macroeconomic reforms are a necessary but not sufficient condition for growth: reforms in the productive sectors of the economy - agriculture, industry and services - are required to generate growth and employment. This book, through focusing on the links between macroeconomic and agricultural reforms, examines in a comparative perspective these hitherto neglected but vital links, providing both theoretical and policy perspectives on the scope and sequencing of economic reform.

Macroeconomic Policy Reforms and Agriculture
Macroeconomic Policy Reforms and Agriculture

Author: Romeo M. Bautista

Publisher: Intl Food Policy Res Inst

Published: 2002-01-01

Total Pages: 156

ISBN-13: 0896291332

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This report investigates the income and equity effects of macroeconomic policy reforms in Zimbabwe, emphasizing linkages between macroeconomic policies and agricultural performance and agriculture's influence on aggregate income and its distribution. Analyses focus on reform of the foreign trade regime, public expenditure, and tax policy, along with the potential benefits of combining these structural changes with various land reform scenarios. The study uses a CGE model that provides a policy simulation laboratory in which exogenous policy changes are analyzed for their economywide income and equity effects.The report highlights the need for policy complementarities in Zimbabwe that can contribute to equitable growth. It should be of interest not only to those concerned with recent economic developments in Zimbabwe but also to those concerned with the broader issues of macroeconomic reform and its ultimate effects.

The Conditions of Agricultural Growth
The Conditions of Agricultural Growth

Author: Ester Boserup

Publisher: Routledge

Published: 2017-07-12

Total Pages: 138

ISBN-13: 1351484532

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This book sets out to investigate the process of agrarian change from new angles and with new results. It starts on firm ground rather than from abstract economic theory. Upon its initial appearance, it was heralded as "a small masterpiece, which economic historians should read--and not simply quote"--Giovanni Frederico, Economic History Services. The Conditions of Agricultural Growth remains a breakthrough in the theory of agricultural development. In linking ethnography with economy, developmental studies reached new heights. Whereas "development" had been seen previously as the transformation of traditional communities by the introduction (or imposition) of new technologies, Ester Boserup argues that changes and improvements occur from within agricultural communities, and that improvements are governed not simply by external interference, but by those communities themselves Using extensive analyses of the costs and productivity of the main systems of traditional agriculture, Ester Boserup concludes that technical, economic, and social changes are unlikely to take place unless the community concerned is exposed to the pressure of population growth.

Fiscal Policy and Long-Term Growth
Fiscal Policy and Long-Term Growth

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2015-04-20

Total Pages: 257

ISBN-13: 1498344658

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This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.