The economywide impacts of climate change on Philippine agriculture

It has been widely shown for most countries that high productivity growth in the agricultural sector is a key driver of structural transformation to promote long-term economic growth. Historically, low agricultural productivity growth has hindered economic growth and employment creation in the Phili...

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Detalles Bibliográficos
Autores principales: Rosegrant, Mark W., Perez, Nicostrato D., Pradesha, Angga, Thomas, Timothy S.
Formato: Brief
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2015
Materias:
Acceso en línea:https://hdl.handle.net/10568/150329
Descripción
Sumario:It has been widely shown for most countries that high productivity growth in the agricultural sector is a key driver of structural transformation to promote long-term economic growth. Historically, low agricultural productivity growth has hindered economic growth and employment creation in the Philippines, where agricul-ture—which accounts for one-third of employment—re-mains a key sector. Climate change has the potential to disrupt crop productivity, and in turn affect domestic agricultural production, consumption, and food secu-rity. Moreover, the global impact of climate change could stimulate changes in international and national commodity prices that ultimately have negative effects on both Philippine agriculture and the country’s overall economy.