Agriculture, structural transformation and poverty reduction: Eight new insights

Whether the sector of growth matters for the speed of poverty reduction, why, and how best to invest to maximize the poverty reducing effects of sectoral growth remain topics of intense debate. Drawing on the more recent history and applying a range of methods, the papers in this special issue confi...

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Detalles Bibliográficos
Autores principales: Christiaensen, Luc, Martin, Will
Formato: Journal Article
Lenguaje:Inglés
Publicado: Elsevier 2018
Materias:
Acceso en línea:https://hdl.handle.net/10568/145633
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author Christiaensen, Luc
Martin, Will
author_browse Christiaensen, Luc
Martin, Will
author_facet Christiaensen, Luc
Martin, Will
author_sort Christiaensen, Luc
collection Repository of Agricultural Research Outputs (CGSpace)
description Whether the sector of growth matters for the speed of poverty reduction, why, and how best to invest to maximize the poverty reducing effects of sectoral growth remain topics of intense debate. Drawing on the more recent history and applying a range of methods, the papers in this special issue confirm the view that growth in agriculture is on average more poverty reducing than an equivalent amount of growth outside agriculture. They also add important nuances to this broad empirical regularity, uncover a series of structural conditions that affect this relation, and show that different mechanisms to finance public investment to boost sectoral growth (deficit financing, taxation or aid) can have widely different impacts on poverty, a widely-ignored issue so far. They do so by going beyond the traditional agriculture-nonagriculture dichotomy, also looking at the subsectors and the differential effects of prices versus productivity. They further distinguish between production for home and market consumption, between modern, outward oriented and informal domestically - focused firms, as well as between secondary towns and cities. Eight key insights emerge.
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spelling CGSpace1456332025-02-24T06:48:35Z Agriculture, structural transformation and poverty reduction: Eight new insights Christiaensen, Luc Martin, Will structural adjustment agriculture productivity agricultural development poverty Whether the sector of growth matters for the speed of poverty reduction, why, and how best to invest to maximize the poverty reducing effects of sectoral growth remain topics of intense debate. Drawing on the more recent history and applying a range of methods, the papers in this special issue confirm the view that growth in agriculture is on average more poverty reducing than an equivalent amount of growth outside agriculture. They also add important nuances to this broad empirical regularity, uncover a series of structural conditions that affect this relation, and show that different mechanisms to finance public investment to boost sectoral growth (deficit financing, taxation or aid) can have widely different impacts on poverty, a widely-ignored issue so far. They do so by going beyond the traditional agriculture-nonagriculture dichotomy, also looking at the subsectors and the differential effects of prices versus productivity. They further distinguish between production for home and market consumption, between modern, outward oriented and informal domestically - focused firms, as well as between secondary towns and cities. Eight key insights emerge. 2018-06-14 2024-06-21T09:04:46Z 2024-06-21T09:04:46Z Journal Article https://hdl.handle.net/10568/145633 en https://doi.org/10.1016/j.worlddev.2016.12.008 https://doi.org/10.1016/j.worlddev.2016.08.014 https://doi.org/10.1016/j.worlddev.2017.07.004 Open Access Elsevier Christiaensen, Luc; and Martin, Will. 2018. Agriculture, structural transformation and poverty reduction: Eight new insights. World Development 109 (September 2018): 413-416. Special Section: Agricultural Growth and Poverty Reduction. https://doi.org/10.1016/j.worlddev.2018.05.027
spellingShingle structural adjustment
agriculture
productivity
agricultural development
poverty
Christiaensen, Luc
Martin, Will
Agriculture, structural transformation and poverty reduction: Eight new insights
title Agriculture, structural transformation and poverty reduction: Eight new insights
title_full Agriculture, structural transformation and poverty reduction: Eight new insights
title_fullStr Agriculture, structural transformation and poverty reduction: Eight new insights
title_full_unstemmed Agriculture, structural transformation and poverty reduction: Eight new insights
title_short Agriculture, structural transformation and poverty reduction: Eight new insights
title_sort agriculture structural transformation and poverty reduction eight new insights
topic structural adjustment
agriculture
productivity
agricultural development
poverty
url https://hdl.handle.net/10568/145633
work_keys_str_mv AT christiaensenluc agriculturestructuraltransformationandpovertyreductioneightnewinsights
AT martinwill agriculturestructuraltransformationandpovertyreductioneightnewinsights