By Roger D. Norton
Ready lower than the aegis of the meals and Agriculture association of the United countries (FAO), this article offers a clean and finished examine agricultural improvement coverage. It offers a transparent, systematic overview of significant periods of coverage concerns in constructing nations and discusses the rising overseas consensus on practicable methods to the problems.
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Additional info for Agricultural Development Policy: Concepts and Experiences
Hence, the regulatory and legislative role of policy has acquired greater importance. The basic areas of policy for agricultural growth, including the supporting policies for the macroeconomy and for other sectors, include (1) policies that inﬂuence relative prices, (2) policies for natural and human resources, and (3) policies to promote access to inputs, output markets and agricultural technology. In order that public sector programs and investments may have their greatest beneﬁts, they should be designed in the context of a strategy or a policy framework.
Brooks and C. Csaki (Eds), The Agricultural Transition in Central and Eastern Europe and the Former USSR, The World Bank, Washington, DC, USA, 1993. AGRICULTURAL POLICY FRAMEWORK 26 sures, stabilizing prices, absorbing risks and providing credit. 8 Gale Johnson has provided a clear deﬁnition of six traditional areas in which government action is needed. One of them is correcting market failures, but he is cautious in his prescriptions for entry into this area, emphasizing mainly the provision of education.
W. Ruttan, ‘Economic Beneﬁts from Research’, Science, 205, 1979, pp. 1101–1107. THE ROLE OF GOVERNMENT 27 being done, especially in economies in transition, to provide it systematically. . ] The deﬁnition of property rights can be expanded to include legislation and regulations that guarantee rights agreed to under contracts, such as regulations for bonded storage warehouses, rules for weights and measures in markets, legislation supporting land rental contracts, and bank supervision legislation for microﬁnance institutions.