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Rural development research
id21 is the free development research reporting service bringing you UK-sourced research on developing countries
Agriculture’s vital contribution to pro-poor growth
After two decades of decline, investments in agriculture are rising. Some 75 percent of the world’s poor people live in rural areas. Evidence shows that agricultural growth, through its leverage effects on the rest of the economy, enables poor countries, regions and households to embark on the process of economic transformation which is essential for poverty reduction.
Agriculture is a broad concept, encompassing farming, herding, livestock production, fishing, aquaculture and non-timber forest cultivation, as well as food, feed and fibre processing and trading. Growth in the agricultural sector reduces poverty by harnessing poor people’s key assets of land and labour, lowering and stabilising food prices, providing labour-intensive employment for poor people, and stimulating growth in the rural economy. Policy analysts from development agencies, coming together in the Development Assistance Committee (DAC) of the Organisation for Economic Cooperation and Development (OECD), reviewed the evidence of agriculture’s contribution to pro-poor growth, and have proposed a new agenda for a stronger agriculture sector. Continue reading “Agriculture and poverty reduction (id21)”
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