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The globalization of goods, services and capital for agriculture is fundamental to the future of developing countries and has major implications for the fight against poverty and sustainability of the environment. In recent years, agriculture has once again returned to a position of centre stage as food price volatility has led countries to re-examine their development strategies.
This new edition of the essential textbook in the field builds on the 2006 original and reflects the following developments:
- the increased impact of climate change
- issues affecting agricultural markets such as bio-fuels, the rise in farm prices and energy costs
- the move to higher valued agricultural products
The book contains a wealth of real world case studies and is now accompanied by a website that includes powerpoint lectures, a photo bank and a large set of discussion and exam questions.
The accompanying website is available to view at http://ecagdev.agecon.vt.edu/- Sales Rank: #833799 in Books
- Published on: 2010-02-07
- Released on: 2009-12-21
- Original language: English
- Number of items: 1
- Dimensions: 9.19" h x 1.09" w x 6.13" l, 1.55 pounds
- Binding: Paperback
- 480 pages
About the Author
George W. Norton is Professor of Agricultural and Applied Economics at Virginia Polytechnic Institute and State University, Blacksburg, Virginia, USA.
Jeffrey Alwang is Professor of Agricultural and Applied Economics at Virginia Polytechnic Institute and State University, Blacksburg, Virginia, USA.
William A. Masters is Professor of Agricultural Economics at Purdue University, West Lafayette, Indiana, USA.
Most helpful customer reviews
0 of 0 people found the following review helpful.
Economics of Agricultural Development World Food Systems and Resource Use 2nd Edition,
By AIJAZ AHMAD TURREY
George W. Norton, Jeffrey Alwang and William A. Masters
Economics of Agricultural Development
World Food Systems and Resource Use
2nd Edition,
Routledge (Taylor and Francis Group), USA and Canada, 2010
ISBN: 978-0-415-49424-3, 465 pp., Price: Not given.
Description- Picture Book/Informational
Review–“Economics of Agricultural Development” is a comprehensive textbook to understand agriculture, its development and also to get idea of the world food systems. It also throws light on environmental and human consequences of agricultural development, international trade and capital flows. The book examines causes and effects of rapid population growth, persistent poverty and malnutrition in developing countries and solutions to these problems. It also focuses on the role of globalization in agriculture, poverty alleviation and the environment sustainability. The book is divided into five parts comprising of twenty chapters. In the first part titled “Dimensions of World Food and Development Problems” issues like poverty, environmental degradation, famines, and malnutrition were examined and how improvement in agriculture, educational changes and economic development influence developing countries regarding such issues. It also discusses how limited food supply is competing with rapidly growing population and why countries remain underdeveloped. In the second part “Development Theories and the Role of Agriculture” economic transformation from agriculture into other activities and the reasons for such transformation are discussed and also including the role of growth strategies and development theories in identifying the successive stages of growth process and recognition of role of agriculture in developing countries. It also stresses the importance of some economic growth models regarding this issue.The third part of the book “Agricultural Systems and Resource Use” explains the features of traditional agriculture and its implications and diverse character. A slight discussion about farming systems and their determinants is also given.Part three also explains how natural resources are being depleted by human action like deforestation, over-grazing and pollution and natural disasters like flooding, soil erosion and climate change and also some solutions to these problems. It also aims atexploring the role of education, family structure,and gender and children roles in agriculture in developing countries. Part four of the book named “Getting Agriculture Moving” throws light on several aspects of agriculture. First it defines some theories of agricultural development and affect of costs and collective action on both factor andproduct markets.It also shows how agricultural research generates improved technologies that raises agricultural productivity and also affects factors of production. The important role of land reforms, credit programs and new inputs in boosting agricultural production has also been explained. It also explores whatapproach the global economy should be taking regarding pricing policies and marketing systems. The last part of the book (part five), titled “Agricultural Development in an Interdependent World” explains how international trade is more beneficial and efficient as per proponents of freer trade and how it is worse as per proponents of trade restrictions. It also explains how international trade should be moreaccessible by removing constraints and barriers to international trade and also highlights some influences of macroeconomic policies on prices, and market margins. It also explains the positive effects of foreign aid and assistance on agriculture research and extension in developing countries. Chapter 20 titled, “Lessons and Perspectives” summarizes the various components required for agricultural development. It also discusses future prospectus for agricultural development.
Main points the author highlighted in the book
1) Role of international trade or globalization of goods, services and capital flows for agricultural development in developing countries.
2) Traditional agricultural practices and their impact on current farming system.
3) Role of private and public agricultural research in generating improved technologiesfor agricultural development.
4) Environmental and human consequences of agricultural development.
5) Real world case studies, relevant photos and websites, important glossary and lot of recommended readings.
Points, author didn’t cover in the book
1) A lot of issues (poverty, population, and credit and labor market, trade) discussed in the book but given only a slight touch. They should have been explained in a more detail.
2) The book is world based but covers only a case of few countries and did not make a comparison of agricultural growth among countries.
3) It did not mention the role of modern technology in agricultural development and positive effects of population on growth.
4) It only mentioned two or three theories of international trade. There are a number of better theories which are not introduced.
Impressions and suggestions
The book covers almost all the aspects of modern agricultural development economics. It is well written and very systematically structured. A useful list of references and websites is given. The index at the end covers all the important topics.The book should be given a little more touch to make it a standard text. The topics should be explained in more detail and international comparisons be made.
Criticism:
The book has explained no doubt a lot of topics and also covers many case studies but it appears very little when we compare it book with some other books. Many important topics have not been highlighted in the book like methodological issues and governance of agricultural statistics. Organization of rural credit, impact of land reforms, administrative data and size of holdings in different countries should have been highlighted in the book. Another most important aspect that should have been covered in the book is the economic impact of agricultural research and extension on economic development of a country. There are other several important topics like information, incentives and the design of agricultural policies; and synthesis of agricultural trade economics that should have been covered.
References:
1) Robert Benedetti, Marco Bee, Giuseppe Espa and Federica Piersimoni (2010), “Agricultural Survey Methods”, United Kingdom, Wiley.
2) Bruce L. Gardener and Gordon C. Rausser (2002), “Handbook of Agricultural Economics” Vol. 2B Agricultural and Food Policy, Elsevier, North Holland (N. H.).
3) Datt and Sundharam (2010), “Indian Economy”, New Delhi, S. Chand &Company Ltd.
4) Christopher B. Barrett (2011), “Agricultural Development”, Routledge.
Reviewed By:
Aijaz Ahmad Turrey
Centre for Studies in Economics and Planning, Central University of Gujarat.
Enrollment No.: CUG/2014/0845
turreyaijaz@gmail.com
15/10/2014.
0 of 0 people found the following review helpful.
Very good overview
By JA
I found this book very instructional and full of insights to keep our mind focused on the origin of the problems we are living now..
I recommend it
0 of 0 people found the following review helpful.
The book is good and usefull
By Avencio Matenga
This is the first book that I read regard the Economics of Agricultural Development. It is very usefull for me.
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