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Agricultural Policies for Poverty Reduction

A Synthesis

image of Agricultural Policies for Poverty Reduction

This book synthesizes the findings of a longer work which sets out a strategy for raising rural incomes. It 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.

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Introduction

This project is concerned with the role that agricultural policies can play in raising incomes in developing countries, recognising that higher incomes are a pre-requisite for sustained poverty reduction and improved food security. A subsidiary question is whether the pursuit of higher incomes implies a role for agricultural policy which differs systemically from that prescribed for high-income OECD countries, or varies according to a country’s stage of economic development.

English

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