Agriculture on the road to industrialization
Solving the poverty problem in low-income countries requires rapid growth in output, income, and employment. An effective way to realize such growth is raising productivity in the large agriculture sector. Agriculture is important because it employs so much of the labor force in the early stages of development. It has the capacity to exploit productivity-increasing technological innovations that make large net additions to national income and hence to purchasing power. Rising farm incomes are spent largely on labor-intensive products of the rural sector, boosting demand where it does the most good in generating further increases in employment. Agriculture on the Road to Industrialization tells how agricultural growth can be accelerated so as to have a major impact in generating demand for output from the labor-intensive rural sector. It includes case studies from Thailand, Punjab (India), the Philippines, Kenya, Costa Rica, Colombia, and Argentina.
1. Introduction
2. Agricultural and Industrial Development in Taiwan
3. Agricultural Growth and Industrial Development in Punjab
4. Rapid Agricultural Growth Is Not Enough: The Philippines, 1965-1980
5. Land-Abundant Agricultural Growth and Some of Its Consequences: The Case of Thailand
6. Agricultural Growth in Argentina
7. Linkages from Agricultural Growth in Kenya
8. Dynamic Externalities and Structural Change in Kenya
9. Development in Costa Rica: The Key Role of Agriculture
10. The Contribution of Agriculture to Growth: Colombia
11. Conclusion