Agricultural transformation: the key to broad-based growth and poverty alleviation in Sub-Saharan Africa

The author argues that African rural areas behave differently from rural areas in fully commercialized market economies. In commercialized economies, price signals quickly induce factor flows, including items such as investment and technological change. A need for more food is quickly translated int...

Descripción completa

Detalles Bibliográficos
Autor principal: Delgado, Christopher L.
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 1995
Materias:
Acceso en línea:https://hdl.handle.net/10568/157052
_version_ 1855541835531812864
author Delgado, Christopher L.
author_browse Delgado, Christopher L.
author_facet Delgado, Christopher L.
author_sort Delgado, Christopher L.
collection Repository of Agricultural Research Outputs (CGSpace)
description The author argues that African rural areas behave differently from rural areas in fully commercialized market economies. In commercialized economies, price signals quickly induce factor flows, including items such as investment and technological change. A need for more food is quickly translated into production of either more food or more non-food items to finance food imports. If agricultural potential exists in such countries, market incentives will encourage both appropriate output mixes and investment inflows; growth will then occur. In contrast, this paper argues that much of Africa has not yet gone through this transformation. A prolonged process of agricultural transformation is necessary to produce such conditions. Government actions, including commitment of fiscal resources and development of successful strategies, are required.
format Artículo preliminar
id CGSpace157052
institution CGIAR Consortium
language Inglés
publishDate 1995
publishDateRange 1995
publishDateSort 1995
publisher International Food Policy Research Institute
publisherStr International Food Policy Research Institute
record_format dspace
spelling CGSpace1570522025-11-06T07:24:38Z Agricultural transformation: the key to broad-based growth and poverty alleviation in Sub-Saharan Africa Delgado, Christopher L. markets rural areas poverty agriculture economic aspects finance The author argues that African rural areas behave differently from rural areas in fully commercialized market economies. In commercialized economies, price signals quickly induce factor flows, including items such as investment and technological change. A need for more food is quickly translated into production of either more food or more non-food items to finance food imports. If agricultural potential exists in such countries, market incentives will encourage both appropriate output mixes and investment inflows; growth will then occur. In contrast, this paper argues that much of Africa has not yet gone through this transformation. A prolonged process of agricultural transformation is necessary to produce such conditions. Government actions, including commitment of fiscal resources and development of successful strategies, are required. 1995 2024-10-24T12:47:00Z 2024-10-24T12:47:00Z Working Paper https://hdl.handle.net/10568/157052 en Open Access application/pdf International Food Policy Research Institute Delgado, Christopher L. 1995. Agricultural transformation: the key to broad-based growth and poverty alleviation in Sub-Saharan Africa. MTID Discussion Paper 7. Washington, DC: International Food Policy Research Institute. https://hdl.handle.net/10568/157052
spellingShingle markets
rural areas
poverty
agriculture
economic aspects
finance
Delgado, Christopher L.
Agricultural transformation: the key to broad-based growth and poverty alleviation in Sub-Saharan Africa
title Agricultural transformation: the key to broad-based growth and poverty alleviation in Sub-Saharan Africa
title_full Agricultural transformation: the key to broad-based growth and poverty alleviation in Sub-Saharan Africa
title_fullStr Agricultural transformation: the key to broad-based growth and poverty alleviation in Sub-Saharan Africa
title_full_unstemmed Agricultural transformation: the key to broad-based growth and poverty alleviation in Sub-Saharan Africa
title_short Agricultural transformation: the key to broad-based growth and poverty alleviation in Sub-Saharan Africa
title_sort agricultural transformation the key to broad based growth and poverty alleviation in sub saharan africa
topic markets
rural areas
poverty
agriculture
economic aspects
finance
url https://hdl.handle.net/10568/157052
work_keys_str_mv AT delgadochristopherl agriculturaltransformationthekeytobroadbasedgrowthandpovertyalleviationinsubsaharanafrica