By Roger D. Norton
Ready lower than the aegis of the foodstuff and Agriculture association of the United countries (FAO), this article offers a clean and entire examine agricultural improvement coverage. It offers a transparent, systematic assessment of significant sessions of coverage concerns in constructing international locations and discusses the rising foreign consensus on workable methods to the problems.
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Additional resources for Agricultural Development Policy: Concepts and Experiences
Sample text
A strategy constitutes both a vision of the sector’s future and a ‘road map’ for getting there. Public sector investments are one of the means for implementing strategies, • but increasingly strategies concentrate on issues related to institutions, legal frameworks, the functioning of markets, and resource endowments. Both equity and efficiency objectives should be taken into account in a strategy. Sometimes, it is asked why an agricultural policy is needed – what sets agriculture apart from other sectors of the economy?
It is uncertainty, not speed, that endangers structural reform programs’ (The Wall Street Journal, January 17, 1990). To achieve the required consensus and coordination, often it is necessary to undertake extensive negotiations with interest groups, both within the sector and outside the sector, and with international agencies as well. Through this process, a strategy will be molded to political realities, but the clearer the initial vision and the more cogent the technical justifications, then the better the chances that the main thrusts of the strategy – or at least some of them – will emerge intact from such a process.
They usually involve a significant investment component. They utilize the government’s capital account budget, whereas 3. It should be noted that the word program is sometimes used in another sense, that of a policy program or a set of interrelated policies. 22 AGRICULTURAL POLICY FRAMEWORK programs utilize the current account budget. However, some programs also contain investment expenditures, and so the distinction between programs and projects is not always clear-cut. This is particularly true in the area of training (human capital formation), where current outlays are used to create capital.