Agricultural development-led industrialization in a global perspective

The balance between agriculture and industry is explored within the framework of a global agricultural model which traces out the static and dynamic effects of alternative strategy sequences with respect to the two sectors. The Agricultural Development-Led Industrialization (ADLI) strategy is outlined. The structure of the Rural-Urban North-South (RUNS) model with which the policy experiments relating to alternative agricultural and industrial strategies are performed is then described. Simulation results are presented of: 1) shifting investment resources from the industrial to the agricultural sectors; 2) aid to agriculture; 3) an increase in the productivity of additional capital in agriculture. Results indicate that: i) the ADLI policy survives quite well its generalization to all developing countries but is most advantageous for the middle income newly industrialized countries; ii) the productivity of foreign aid directly at investment in agriculture appears to be quite high; iii) the effects of agricultural policies within the individual groups of countries on other countries are quite significant; and iv) in LDCs, terms of trade policies which share the potential income benefits of ADLI between urban and rural producers, are desirable for equity and incentive reasons. c CAB International

Bibliographic Details

Main Authors:	40122 Adelman, I., 50497 Bourniaux, J.M., 130230 Waelbroeck, J., 131656 Williamson, J.G., 102983 Panchamukhi, V.R., 34008 8. World Congress of the International Economic Association New Delhi (India) 1988
Format:	Texto biblioteca
Language:	eng
Published:	Basingstoke, Hamshire (RU) Macmillan 1988
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