Economic growth, convergence and agricultural economics

cg.authorship.typesCGIAR single centreen
cg.contributor.crpPolicies, Institutions, and Markets
cg.creator.identifierWilliam Martin: 0000-0002-2824-1303
cg.identifier.doihttps://doi.org/10.2499/p15738coll2.133504en
cg.identifier.projectIFPRI - Markets, Trade, and Institutions Division
cg.identifier.publicationRankNot ranked
cg.number1884en
cg.placeWashington, DCen
cg.reviewStatusInternal Reviewen
dc.contributor.authorMartin, Willen
dc.date.accessioned2024-06-21T09:08:57Zen
dc.date.available2024-06-21T09:08:57Zen
dc.identifier.urihttps://hdl.handle.net/10568/146828
dc.titleEconomic growth, convergence and agricultural economicsen
dcterms.abstractAfter nearly two centuries of lagging behind the industrial countries, growth in many developing countries has surged since the early 1990s. This outperformance has major implications for almost all areas of agricultural economics and, if continued, will likely do so into the future. This paper aims to identify the key ways in which the changes in rich and poor country growth rates matter for agricultural economists, as a basis for formulating better research agendas. A key impact arises through sharp increases in demand for agricultural resources as demand for livestock products increases. This changing structure of food demand has important implications for nutrition studies and policies, with the emergence of a double burden of malnutrition. On the supply side, growth in developing countries tends to increase domestic food supply, which is also boosted by increases in research and development spending. Growth in developing countries both stimulates and benefits from increases in infrastructure investment, evaluation of which requires new analytical tools discussed at this conference. Negative impacts include the contribution of increased demand for livestock products to global greenhouse gas emissions. In terms of trade policy, developing country growth is tending to lead to convergence of agricultural policies with the pattern of assistance seen in today’s developed countries, raising concerns about the future need to deal with collective action problems, particularly those that increase the volatility of world prices.en
dcterms.accessRightsOpen Access
dcterms.bibliographicCitationMartin, Will. 2019. Economic growth, convergence and agricultural economics. IFPRI Discussion Paper 1884. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/146828en
dcterms.extent37 pagesen
dcterms.isPartOfIFPRI Discussion Paperen
dcterms.issued2019-11-26
dcterms.languageen
dcterms.publisherInternational Food Policy Research Instituteen
dcterms.relationhttps://doi.org/10.1111/agec.12528en
dcterms.replaceshttps://ebrary.ifpri.org/digital/collection/p15738coll2/id/133504en
dcterms.subjectdevelopmenten
dcterms.subjecteconomic growthen
dcterms.subjectagricultural policiesen
dcterms.subjectdeveloped countriesen
dcterms.subjectcapacity developmenten
dcterms.subjecttrade policiesen
dcterms.subjecttradeen
dcterms.subjectagricultural economicsen
dcterms.subjectdeveloping countriesen
dcterms.subjectconvergent improvementen
dcterms.typeWorking Paper

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