Structural economic changes in China and Vietnam: Policy issues and consequences for agriculture.

This paper outlines sectoral economic changes that have occurred in China and Vietnam following their market reforms and rapid economic growth. Bothe economies have experienced increased urbanization and a decline in the relative contribution of agriculture to GDP and to employment. There has been c...

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Autor principal: Tisdell, C.A.
Formato: Conference Paper
Lenguaje:Inglés
Publicado: University of Queensland 2011
Acceso en línea:https://hdl.handle.net/10568/4176
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author Tisdell, C.A.
author_browse Tisdell, C.A.
author_facet Tisdell, C.A.
author_sort Tisdell, C.A.
collection Repository of Agricultural Research Outputs (CGSpace)
description This paper outlines sectoral economic changes that have occurred in China and Vietnam following their market reforms and rapid economic growth. Bothe economies have experienced increased urbanization and a decline in the relative contribution of agriculture to GDP and to employment. There has been considerable movement of labor from agricultural to non-agricultural employment. Such movements are, however, not costless to farm families, particularly if migration is involved. The role of China‟s town-and-village enterprises in facilitating switching from agricultural to non-agricultural employment is discussed. Economic growth has resulted in considerable alterations in the composition of agriculture in China and Vietnam. A prominent trend is the expansion of livestock production relative to crop production. However, domestic livestock supplies have been outpaced by rising demand and in recent years their prices have risen. This has led some policy makers to argue that the heavy dependence of China and Vietnam on small-scale household producers of agricultural products is the main bottleneck. They favor policies to increase production by commercial enterprises. It is argued here that because both the economies of China and Vietnam are still in transition, it is economic to have agricultural products for which there is a high demand supplied by both households and commercial enterprises, even though this dual system is likely to disappear eventually.
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spelling CGSpace41762025-11-04T16:27:36Z Structural economic changes in China and Vietnam: Policy issues and consequences for agriculture. Tisdell, C.A. This paper outlines sectoral economic changes that have occurred in China and Vietnam following their market reforms and rapid economic growth. Bothe economies have experienced increased urbanization and a decline in the relative contribution of agriculture to GDP and to employment. There has been considerable movement of labor from agricultural to non-agricultural employment. Such movements are, however, not costless to farm families, particularly if migration is involved. The role of China‟s town-and-village enterprises in facilitating switching from agricultural to non-agricultural employment is discussed. Economic growth has resulted in considerable alterations in the composition of agriculture in China and Vietnam. A prominent trend is the expansion of livestock production relative to crop production. However, domestic livestock supplies have been outpaced by rising demand and in recent years their prices have risen. This has led some policy makers to argue that the heavy dependence of China and Vietnam on small-scale household producers of agricultural products is the main bottleneck. They favor policies to increase production by commercial enterprises. It is argued here that because both the economies of China and Vietnam are still in transition, it is economic to have agricultural products for which there is a high demand supplied by both households and commercial enterprises, even though this dual system is likely to disappear eventually. 2011-04-29 2011-07-13T17:53:02Z 2011-07-13T17:53:02Z Conference Paper https://hdl.handle.net/10568/4176 en Open Access application/vnd.ms-powerpoint application/pdf University of Queensland Tisdell C. 2011. Structural economic changes in China and Vietnam: Policy issues and consequences for agriculture. Paper presented at the 9th Biennial Pacific Rim Conference of the Western Economic Association International, Brisbane, Australia, 26-29 April 2011. Brisbane: University of Queensland
spellingShingle Tisdell, C.A.
Structural economic changes in China and Vietnam: Policy issues and consequences for agriculture.
title Structural economic changes in China and Vietnam: Policy issues and consequences for agriculture.
title_full Structural economic changes in China and Vietnam: Policy issues and consequences for agriculture.
title_fullStr Structural economic changes in China and Vietnam: Policy issues and consequences for agriculture.
title_full_unstemmed Structural economic changes in China and Vietnam: Policy issues and consequences for agriculture.
title_short Structural economic changes in China and Vietnam: Policy issues and consequences for agriculture.
title_sort structural economic changes in china and vietnam policy issues and consequences for agriculture
url https://hdl.handle.net/10568/4176
work_keys_str_mv AT tisdellca structuraleconomicchangesinchinaandvietnampolicyissuesandconsequencesforagriculture