Download Agricultural Development Policy: Concepts and Experiences by Roger D. Norton PDF

By Roger D. Norton

Ready less than the aegis of the meals and Agriculture association of the United international locations (FAO), this article provides a clean and complete examine agricultural improvement coverage. It presents a transparent, systematic assessment of vital periods of coverage matters in constructing nations and discusses the rising foreign consensus on achievable techniques to the problems.

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The third main class of policy instrument in many countries has been direct management of production and marketing through State-owned enterprises which have spanned a wide range, from production collectives, sawmills and fisheries corporations to banks and marketing enterprises. The tendency in most parts of the world has been to reduce State ownership of assets in the sector, although the pace of those changes varies from region to region. Now that there is a growing international consensus that direct government interventions in the economy generally should be reduced, along with fiscal expenditures, the question of what is agricultural policy (and what is the role of a Ministry of Agriculture) comes more sharply into focus.

First, under the public sector, organization and management of agriculture, and institutional surrogates for markets, tend to be poorly organized to adapt to information and incentives. Also, information tends to be poorly processed owing, in part, to the hierarchical relations which vest decision-making authority away from the scene of economic activity. Shirking becomes a central problem, individual initiative tends to be lacking, soft budget constraints replace hard budget constraints, and job and salary security inhibit quick responses to new and critical information.

Uma Lele, Robert Emerson and Richard Beilock, ‘Revisiting Structural Transformation: Ethics, Politics and Economics of Underdevelopment’, in G. H. Peters and D. D. Hedley (Eds), in Agricultural Competitiveness: Market Forces and Policy Choice, Proceedings of the 22nd International Conference of Agricultural Economists, International Association of Agricultural Economists, Dartmouth Publishing Company, Aldershot, UK, 1995, pp. 183–184 [emphases added]. 9. Theodore W. Schultz, Transforming Traditional Agriculture, Indiana University Press, Bloomington, IN, USA, 1964.

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