The Role of Agriculture in Economic Development: The Lessons of History

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Copenhagen Business School Press DK, Jan 1, 2007 - Business & Economics - 412 pages
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The first part of The Role of Agriculture in Economic Development describes agricultural progress in Europe and the US since 1750, when modern societies began to develop and agriculture was an engine of growth. Since 1914, agriculture has experienced difficulties in spite of spectacular increases in productivity. This book also describes the beginning of agricultural policy during the Great Depression, and how it continued and developed in the EU and the US after World War II. Agricultural policy in the post-war period was built on the legacy of the past, and only in recent years have there been signs of fundamental reform. The second part of the book builds a model of the development process. The author emphasizes that it is not possible to explain development without looking simultaneously at the resources, technology, institutions, and attitudes prevalent in a country. The author develops a stage theory to identify the crucial factors driving economic development from period to period.
 

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Contents

Preface
11
Economic development in the modern era
17
Integration and trade
47
Employment productivity and prices in agriculture
73
Technological and institutional changes in agriculture 17501914
99
Agricultural reforms in Europe 17501914
123
Trade policy and agricultural performance in different countries 1815
151
Agricultural markets and public intervention 1914 1945
181
The determinants of agricultural development
245
Agriculture in the early stage of economic development
277
Markets and institutions for further development
295
Economic policy intervention
319
Agriculture in the developing countries after 1950
347
The lessons of history
371
Literature
397
Index
405

Adjustment and agricultural policies 19452000
213

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About the author (2007)

Soren Kjeldsen-Kragh has been Professor of Economics since 1973 at the Royal Danish Agricultural University, which has now become a part of the University of Copenhagen.

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