Fostering global well-being: a new paradigm to revitalize agricultural and rural development

In this paper, David Bathrick describes the almost revolutionary changes that have taken place in the economic arena in recent years. This is a story of paradigm shift, where government-led economic growth through the 1970s gave way to the increasingly market-led growth we see now. The emergence of...

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Autor principal: Bathrick, David D.
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 1998
Materias:
Acceso en línea:https://hdl.handle.net/10568/161226
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author Bathrick, David D.
author_browse Bathrick, David D.
author_facet Bathrick, David D.
author_sort Bathrick, David D.
collection Repository of Agricultural Research Outputs (CGSpace)
description In this paper, David Bathrick describes the almost revolutionary changes that have taken place in the economic arena in recent years. This is a story of paradigm shift, where government-led economic growth through the 1970s gave way to the increasingly market-led growth we see now. The emergence of the market in the context of globalization has meant the reduction of biases against agriculture; an emphasis on flexible responses in the production of goods and services; strengthened links between local, national, and international economies; greater integration of different sectors of the economy; and increased importance of the private sector. Bathrick argues that this demand- driven setting is forcing developing countries to assess their comparative advantages in the global marketplace and make fundamental strategic, institutional, and programmatic shifts. The resulting opportunities for growth are considerable, but so is the effort and financial support required to acquire the skills, experiences, and infrastructure necessary to adjust to the new realities. Knowledge of consumer needs, up-to-date market intelligence, and other informational and material resources that facilitate the market system need to be identified and put in place.
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spelling CGSpace1612262025-04-08T18:36:20Z Fostering global well-being: a new paradigm to revitalize agricultural and rural development Bathrick, David D. agricultural development rural areas developing countries economic development globalization In this paper, David Bathrick describes the almost revolutionary changes that have taken place in the economic arena in recent years. This is a story of paradigm shift, where government-led economic growth through the 1970s gave way to the increasingly market-led growth we see now. The emergence of the market in the context of globalization has meant the reduction of biases against agriculture; an emphasis on flexible responses in the production of goods and services; strengthened links between local, national, and international economies; greater integration of different sectors of the economy; and increased importance of the private sector. Bathrick argues that this demand- driven setting is forcing developing countries to assess their comparative advantages in the global marketplace and make fundamental strategic, institutional, and programmatic shifts. The resulting opportunities for growth are considerable, but so is the effort and financial support required to acquire the skills, experiences, and infrastructure necessary to adjust to the new realities. Knowledge of consumer needs, up-to-date market intelligence, and other informational and material resources that facilitate the market system need to be identified and put in place. 1998 2024-11-21T09:54:16Z 2024-11-21T09:54:16Z Working Paper https://hdl.handle.net/10568/161226 en Open Access application/pdf International Food Policy Research Institute Bathrick, David D. 1998. Fostering global well-being;a new paradigm to revitalize agricultural and rural development. Food, agriculture, and the environment Discussion Paper; 2020 Discussion Paper 26. https://hdl.handle.net/10568/161226
spellingShingle agricultural development
rural areas
developing countries
economic development
globalization
Bathrick, David D.
Fostering global well-being: a new paradigm to revitalize agricultural and rural development
title Fostering global well-being: a new paradigm to revitalize agricultural and rural development
title_full Fostering global well-being: a new paradigm to revitalize agricultural and rural development
title_fullStr Fostering global well-being: a new paradigm to revitalize agricultural and rural development
title_full_unstemmed Fostering global well-being: a new paradigm to revitalize agricultural and rural development
title_short Fostering global well-being: a new paradigm to revitalize agricultural and rural development
title_sort fostering global well being a new paradigm to revitalize agricultural and rural development
topic agricultural development
rural areas
developing countries
economic development
globalization
url https://hdl.handle.net/10568/161226
work_keys_str_mv AT bathrickdavidd fosteringglobalwellbeinganewparadigmtorevitalizeagriculturalandruraldevelopment