This book critically re-examines the currently dominant paradigm of agricultural development policy from historical and comparative perspectives. Examining the experiences of 11 developed countries in their earlier stages of development and the experiences of 10 developing and transition economies in the last half a century, the book offers an in-depth discussion on a range of public policies for agriculture, some currently in use and others forgotten in the mist of history. After presenting the overarching theoretical framework and a synthesis of findings over the 21 countries examined, the book presents six detailed case studies of agricultural policy in the last half a century in two Latin American countries (Chile and Mexico), two African countries (Ethiopia and Ghana), and two Asian countries (India and Vietnam). Each chapter examines a wide range of policies, including land policy (land tenure reform and land quality improvement), knowledge policy (research, extension, education, and information), credit policy (specialized banks and agricultural credit co-operatives), physical inputs policy (irrigation, transport, electricity, and divisible inputs such as fertilizers, seeds, and farm machinery), policies intended to increase farm income stability (price stabilization measures, insurances, and trade protection), and policies intended to improve agricultural marketing and processing. Through its historical and comparative approaches, the book frees our "policy imagination" by showing that the range of policies and institutions that have produced positive outcomes for agricultural development has been much wider than any particular ideological position – be it the pre-1980s statist one or the pro-market NCW – would admit. It also shows that the willingness to experiment with new policies and institutions, and the willingness to learn from other countries’ successes and improve upon their solutions, were important in all agricultural success stories.

Publisher Description

Prepared under the aegis of the Food and Agriculture Organization of the United Nations (FAO), this text presents a fresh and comprehensive look at agricultural development policy. It provides a clear, systematic review of important classes of policy issues in developing countries and discusses the emerging international consensus on viable approaches to the issues. The text is unique in its coverage and depth and it: Summarises hundreds of references on agricultural development policies Cites policy experiences and applied studies in more than 70 countries Provides guidance for policy makers giving examples of successes and failures Reviews issues related to the formulation of strategies and the requirements for making them successful Develops the conceptual foundations and illustrates policies that have worked, and some that have not, with explanations Topics covered include agriculture’s role in economic development, the objectives and strategies of agricultural policy, linkages between macroeconomic and agricultural policy, policies for the agricultural financial system and agricultural technology development. Upper level undergraduates taking courses in Economic Development and International Development and graduates taking courses in Agricultural Development, International and Economic Development, Natural Resource Management and specialised topics in agriculture will find this text of great interest. It also serves as a reference for professionals and researchers in the field of International Development.

This collection of studies on the politics of agricultural development in regions of Asia and Africa emphasizes the need for steady and significant increases in food production in the developing countries. It is a set of exercises in the comparative analysis of agricultural modernization policies.

This volume sets out a strategy for raising rural incomes which emphasises the creation of diversified rural economies with opportunities within and outside agriculture.

In contrast, some developing countries in Asia and Latin America that followed more calibrated and sequential approaches to economic liberalization have had better results.

The world's demand for food is expected to double within the next 50 years, while the natural resources that sustain agriculture will become increasingly scarce, degraded, and vulnerable to the effects of climate change. In many poor countries, agriculture accounts for at least 40 percent of GDP and 80 percent of employment. At the same time, about 70 percent of the world's poor live in rural areas and most depend on agriculture for their livelihoods. 'World Development Report 2008' seeks to assess where, when, and how agriculture can be an effective instrument for economic development, especially development that favors the poor. It examines several broad questions: How has agriculture changed in developing countries in the past 20 years? What are the important new challenges and opportunities for agriculture? Which new sources of agricultural growth can be captured cost effectively in particular in poor countries with large agricultural sectors as in Africa? How can agricultural growth be made more effective for poverty reduction? How can governments facilitate the transition of large populations out of agriculture, without simply transferring the burden of rural poverty to urban areas? How can the natural resource endowment for agriculture be protected? How can agriculture's negative environmental effects be contained? This year's report marks the 30th year the World Bank has been publishing the 'World Development Report'.