Economic growth, convergence and agricultural economics

cg.authorship.typesCGIAR single centreen_US
cg.contributor.crpPolicies, Institutions, and Marketsen_US
cg.creator.identifierWilliam Martin: 0000-0002-2824-1303en_US
cg.identifier.doihttps://doi.org/10.2499/p15738coll2.133504en_US
cg.identifier.projectIFPRI - Markets, Trade, and Institutions Divisionen_US
cg.identifier.publicationRankNot rankeden_US
cg.number1884en_US
cg.placeWashington, DCen_US
cg.reviewStatusInternal Reviewen_US
dc.contributor.authorMartin, Willen_US
dc.date.accessioned2024-06-21T09:08:57Zen_US
dc.date.available2024-06-21T09:08:57Zen_US
dc.identifier.urihttps://hdl.handle.net/10568/146828en_US
dc.titleEconomic growth, convergence and agricultural economicsen_US
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_US
dcterms.accessRightsOpen Accessen_US
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_US
dcterms.extent37 pagesen_US
dcterms.isPartOfIFPRI Discussion Paperen_US
dcterms.issued2019-11-26en_US
dcterms.languageenen_US
dcterms.publisherInternational Food Policy Research Instituteen_US
dcterms.relationhttps://doi.org/10.1111/agec.12528en_US
dcterms.replaceshttps://ebrary.ifpri.org/digital/collection/p15738coll2/id/133504en_US
dcterms.subjectdevelopmenten_US
dcterms.subjecteconomic growthen_US
dcterms.subjectagricultural policiesen_US
dcterms.subjectdeveloped countriesen_US
dcterms.subjectcapacity developmenten_US
dcterms.subjecttrade policiesen_US
dcterms.subjecttradeen_US
dcterms.subjectagricultural economicsen_US
dcterms.subjectdeveloping countriesen_US
dcterms.subjectconvergent improvementen_US
dcterms.typeWorking Paperen_US

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