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Neglect in implementing agriculture policy has been detected in several developing countries. In Indonesia, since the Asian Financial Crisis of 1997 to 1998, the government's agricultural policy has been closely concentrated on achieving price stability and self-sufficiency for import-competing commodities, such as palm oil, sugar and rice. [7]
Because agriculture is a large part of most developing economies, both in terms of employment and share of GDP, agricultural economists have been at the forefront of empirical research on development economics, contributing to our understanding of agriculture's role in economic development, economic growth and structural transformation.
The International Assessment of Agricultural Knowledge, Science and Technology for Development (IAASTD) was a three-year international collaborative effort (2005–2007) initiated by the World Bank in 2002, which evaluated the relevance, quality and effectiveness of agricultural knowledge, science, and technology, and the effectiveness of public and private sector policies and institutional ...
Agricultural land in Central Asia is mostly desert and mountain pastures. Arable land suitable for crop production is around 20% of total agricultural land (and as low as 4% in Turkmenistan). In Russia and Ukraine, on the other hand, arable land is 60%-80% of agricultural land. [1]
In 1992 Saudi agricultural strategy was only sustainable as long as the government maintained a high level of direct and indirect subsidies, a drain on its budget and external accounts. [6] The contribution of agriculture to the gross domestic product (GDP) in 1984 was 3.3%. [7] In 2001, it increased to 5.1%, but it was due to decline in oil ...
In 1986, the Vietnamese government's agricultural policy has changed from a centrally planning and autarkic system to an open and market-oriented one. In the reform package, the most important components are land reform, trade reform, and the development of policy instruments to assist agricultural production in general.
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1964: Under L. K. Jha, the Report of the Jha Committee on Foodgrain Prices [31] was the first step in organizing an agricultural price policy for the country. [32] January 1965: Agricultural Prices Commission (APC) set up. [32] August 1965: Under M. L. Dantwala, APC submits its first report. [32] The commission suggests MSPs for paddy. [18]