Agricultural Policies for Poverty Reduction
With more than two-thirds of the world’s poor living in rural areas, higher rural incomes are a pre-requisite for sustained poverty reduction and reduced hunger. This volume sets out a strategy for raising rural incomes which emphasises the creation of diversified rural economies with opportunities within and outside agriculture. Agricultural policies need to be integrated within an overall mix of policies and institutional reforms that facilitate, rather than impede, structural change. By investing in public goods, such as infrastructure and agricultural research, and by building effective social safety nets, governments can limit the role of less efficient policies such as price controls and input subsidies.
Foreword and Acknowledgements
The chapters in this volume are concerned with the role of agricultural policies in developing countries, with a focus on their potential for raising the incomes of agricultural and rural households and thereby reducing poverty.