Role of agriculture in development. THE ROLE OF AGRICULTURE IN THE ECONOMIC DEVELOPMENT 2022-10-14
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Agriculture plays a crucial role in the development of any country. It is the backbone of a nation's economy and serves as a source of livelihood for a significant portion of the population. In many developing countries, agriculture accounts for a major share of the gross domestic product (GDP) and provides employment to a large number of people.
One of the main ways in which agriculture contributes to development is through the provision of food security. Agriculture is responsible for producing the food that we eat, and a reliable supply of nutritious and affordable food is essential for the well-being of a population. In developing countries, where poverty is often widespread and access to food is limited, a strong agricultural sector can make a significant difference in addressing hunger and malnutrition.
Agriculture also plays a vital role in driving economic growth and development. In many developing countries, the agricultural sector is a major contributor to GDP and a key driver of export earnings. For example, the export of agricultural products such as coffee, cocoa, and tea can generate significant income for countries that produce these crops. This income can be used to invest in infrastructure, education, and other areas that can promote economic development.
In addition to its economic contributions, agriculture also has social and environmental impacts that are crucial for development. Agricultural practices that are sustainable and environmentally friendly can help to preserve natural resources and protect the environment. This is especially important in developing countries, where agriculture is often the main land use and natural resources are limited.
Furthermore, agriculture can serve as a catalyst for social change and development. For example, investing in smallholder farmers, particularly women, can help to improve their livelihoods and empower them to participate more fully in their communities. This can lead to improved social cohesion and a more equitable distribution of wealth and opportunities.
In conclusion, the role of agriculture in development is multifaceted and cannot be overstated. It is crucial for food security, economic growth, and social and environmental sustainability. By investing in the agricultural sector, developing countries can build a strong foundation for their future development and improve the lives of their citizens.
The Role of Agriculture in Development
World Bank and Palgrave Macmillan. These plans aimed to increase agricultural productivity. The rising agricultural surplus caused by increasing agricultural production and productivity tends to improve social welfare, particularly in rural areas. It is hoped that if the recommendation are properly implemented it will go along way in eliminating or reducing the problem facing agriculture in Edo State. Agriculture is the human control of the environment. However, Adelman did not claim that ADLI was always the right choice for this type of countries.
Agriculture affirms its role as the pillar of the economy
The less unequal the distribution of income, the greater the demand for industrial goods and hence the greater the favorable impact on the urban industrial sector. Recent work argues that the proximate cause of the disparity is that today's poor countries began the process of industrialization much later and that this process is slow. To reduce this inequality of income, it is necessary to accord higher priority to agriculture. International Journal of Agrarian Affairs, 3, 59—75. Instead, we need to know the historical, social, political, and economic context within which people in developing countries operate. Economic Development and Cultural Change, 1, 43—67.
The major questions investigated are the following: Under what conditions is added or disproportional support for agriculture both growth enhancing overall as well as poverty reducing? African Food Crisis — The Relevance of Asian Experiences. What is the importance of agriculture in Sierra Leone? Based on Democratic Notions: If the agricultural sector does not grow at a faster rate, it may result in the growing discontentment amongst the masses which is never healthy for the smooth running of democratic governments. International Food Policy Research Institute, Washington, DC. Any initiative towards this end would be welcomed with open arms in Nepal. Berry and Pollan agree and concur at times on the same issues of how the industrial model of agribusiness is Poverty And Urban Development Essay 934 Words 4 Pages Bresciani and Valdes 2007 frame their analysis in terms of three key channels they say links agricultural growth to poverty: 1 labour market, 2 farm income, and 3 food prices. In addition, we should consider the historical, social, and political conditions when we discuss the role of agriculture in development.
THE ROLE OF AGRICULTURE IN THE ECONOMIC DEVELOPMENT
However, primary goods face declining prices in international market and the prospects of increasing export earnings through them are limited. Economic Journal, 71, 309—334. Kyklos, 57 2 , 253—264. In contrast, most new rural-to-urban immigrants are employed by the informal sector where incomes and working conditions are unsatisfactory. Oxford Development Studies, 41 3 , 281—306.
Agricultural Development: An International Perspective Rev. Enhancing agricultural productivity is thus essential to achieving poverty reduction. These processes involve the sectoral shift of output and employment away from low-productive agriculture into more productive activities. SCOPE OF THE STUDY The study is only to some selected areas in Oredo Local Government Area, Edo State. Agriculture and Structural Transformation: Economic Strategies in Late-Developing Countries. The Role of Agriculture in Economic Development.
Success in Agricultural Transformation. International Trade and Payments in an Era of Coexistence. Review of Economics and Statistics, 40, 84—89. The Agrarian Roots of Industrial Growth: Rural Development in South-East Asia and Sub-Saharan Africa. Contribution of Agriculture towards Development of Rural Areas.
Development Economics: The Role of Agriculture in Development
The research shows that both water availability and land values decline as one moves down a given irrigation channel, with this decline accentuated along channels on which political power is relatively greater upstream. Vietnam earned 53 billion USD from farm exports. Development Policy Review, 19, 395—425. Different from the Lewis Model, Professor Junankar finds that although thousands of rural people move into the urban sector, most of them do not find employment in the formal industrial sector. The DTI is the primary agency in the promotion and development of MSMEs through the provision of various assistance and interventions, e.
The Role of Agriculture in Economic Development on JSTOR
Eko This is to examine the meaning, type of agriculture, problems and solution of agriculture in the economic development of Oredo Local Government Area of Edo State. I realize that as the economy grows, production may slowly shift towards other types of goods. General contact details of provider:. The Journal of Development Studies, 54 5 , 777—787. In the initial stages of economic development, it is agriculture that constitutes a significant source of capital formation. Is there a trade-of between faster growth and poverty reduction in the context of agricultural development? Therefore, it will be helpful in stimulating the growth of the non- agricultural sector.
Paramparagat Krishi Vikas Yojana PKVY Under the scheme, the Government of India provides a financial assistance to the farmers of Rs 50,000 per hectare every three years for organic inputs, certification, labelling, packaging, transportation and marketing of organic produce. General contact details of provider:. Background paper for the Expert Meeting on How to Feed the World in 2050, FAO. Economic development will also help increase the demand for food products. Overall, this is an inspiring development economics study. Industrialisation and the changes it has brought forth in the economy and society have modified the way in which peasants live and are perceived in modern times, especially in Western countries. This chapter discusses the main theoretical underpinnings of this role based on the extensive body of literature on this subject.
