Agricultural Policy in Tropical Africa: is a Turnaround Possible?
Jean M. Due
Agricultural Economics, 1986, vol. 1, issue 1, 19-34
Abstract:
The food crisis in Africa has entered our living rooms through television and the press. Why is per capita agricultural production lower now than at independence in the early 1960s? This article examines the factors responsible and outlines some solutions. Both external and internal factors have converged to create the crisis ‐ low prices to farmers to placate vocal urban consumers, inefficient, high‐cost marketing boards, governments' neglect of agriculture in favor of industry, over‐valued exchange rates, lack of foreign exchange and increasing debt burdens. Externally the depressed world market decreased demand for Africa's exports and contributed to the stagnation of the economics. Drought, a population growth rate approaching 3%/year and a shortage of human capital added to the crisis.
Date: 1986
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https://doi.org/10.1111/j.1574-0862.1986.tb00003.x
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Persistent link: https://EconPapers.repec.org/RePEc:bla:agecon:v:1:y:1986:i:1:p:19-34
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