Rural Institutions, Agricultural Development, and Pro-Poor Economic Growth

James Roumasset

Asian Journal of Agriculture and Development, 2004, vol. 1, issue 1, 61-82

Abstract: According to conventional wisdom, the ideal form of pro-poor economic development is through investment in agriculturally-led growth. In the early stages of growth, increased production decreases food prices and shifts out the demand for labor. Inasmuch as poor households disproportionately consume food and earn a relatively large share of their income from labor, both mechanisms benefit the poor. Agricultural economists typically recommend a panoply of government interventions to go along with the investments in new technology and infrastructure, including price-supports and stabilization schemes, credit and input subsidies, and crop insurance. The interventionist policy recommendations, however, are based on a variety of misconceptions and misinterpretations about farmer behavior and rural institutions.

Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

Downloads: (external link)
https://ajad.searca.org/article?p=12 (text/html)

Related works:
Journal Article: Rural Institutions, Agricultural Development, and Pro-Poor Economic Growth (2004)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sag:seajad:v:1:y:2004:i:1:p:61-82

Access Statistics for this article

More articles in Asian Journal of Agriculture and Development from Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA) Contact information at EDIRC.
Bibliographic data for series maintained by Benedict A. Juliano ().