Aggregate Growth

Paul Streeten

Chapter 8 in What Price Food?, 1987, pp 35-38 from Palgrave Macmillan

Abstract: Abstract The second objective of food price policies is to encourage industrialization and accelerate aggregate growth. It used to be thought that, quite apart from equity considerations, low food prices will tend to keep industrial wages low and thereby contribute to faster total growth.

Keywords: Food Price; Rural Sector; Budgetary Surplus; Aggregate Growth; Agricultural Growth (search for similar items in EconPapers)
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-18921-2_8

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DOI: 10.1007/978-1-349-18921-2_8

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