4th Edition

Economics of Agricultural Development
World Food Systems and Resource Use





ISBN 9780429316999
Published August 1, 2021 by Routledge
474 Pages 89 B/W Illustrations

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Book Description

Economics of Agricultural Development examines the causes, severity, and effects of poverty, population growth, and malnutrition in developing countries. It discusses potential solutions to these problems, progress made in many countries in recent years, and the implications of globalization for agriculture, poverty, and the environment.

Topics covered in the book include:

  • Means for utilizing agricultural surpluses to further overall economic development
  • The sustainability of the natural resource environment
  • Gender issues in relation to agriculture and resource use
  • The contribution of improved technologies to agricultural development
  • The importance of agricultural policies and institutions to development and trade
  • Actions to encourage more rapid agricultural and economic development

This new edition reflects the following developments:

  • Growth in environmental challenges due to climate change
  • Continued progress in agricultural and economic development in many low-income

  • countries while other countries and regions are being left behind
  • Continued growth in demand for higher-valued farm products

This book is essential reading for undergraduate students seeking to understand the economics of agricultural development and the world food system, including environmental and human consequences, international trade, and capital flows. It contains a wealth of real-world case studies and is accompanied by a website.

Table of Contents

Part 1 Dimensions of World Food and Development Problems;  1. Introduction;  2. Poverty, Hunger, and Health;  3. Economics of Food Demand;  4. Population and Migration; Part 2 Development Theories and the Role of Agriculture;  5. Economic Transformation and Growth;  6. Economic Development Theories and Strategies; Part 3 Agricultural Systems and Resource Use;  7. Agriculture in Traditional Societies;  8. Farming Systems and Their Determinants;  9. Resource Use and Sustainability;  10. Human Resources, Family Structure, and Gender Roles; 11. Theories and Strategies for Agricultural Development;  Part 4 Getting Agriculture Moving;  12. Agricultural Research and Technology Transfer;  13. Land and Labor Markets;  14. Inputs, Finance, and Risk;  15. Pricing Policies and Marketing Systems;  Part 5 Agricultural Development in an Interdependent World;  16. Agriculture and International Trade;  17. Trade Policies, Negotiations, and Agreements;  18. Macroeconomic Policies and Agricultural Development;  19. Capital Flows, Foreign Assistance, and Food Aid;  20. Lessons and Perspectives

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Author(s)

Biography

George W. Norton is Professor Emeritus of Agricultural and Applied Economics at Virginia Tech, USA, and a Fellow of the Agricultural and Applied Economics Association. He is the author of 12 books and numerous scholarly articles.

Jeffrey Alwang is Professor of Agricultural and Applied Economics at Virginia Tech, USA, and has won several international research and outreach awards. He is the author of 14 books and more than 100 journal articles.

William A. Masters is Professor in the Friedman School of Nutrition and the Department of Economics at Tufts University, USA, and a Fellow of the Agricultural and Applied Economics Association. He is the author of numerous books and scholarly publications.

Reviews

"The book does an excellent job of documenting and explaining the role of agriculture in the development process. Economic concepts are introduced with real world examples in a way that is accessible to students. Topics such as food, poverty, population growth, and trade are treated in a manner that gives a clear picture of the challenges and opportunities facing the world in the 21st century."

- Jacob Ricker-Gilbert, Professor, Department of Agricultural Economics, Purdue University, USA

"My students have consistently indicated that they like Economics of Agricultural Development. The discussion questions are especially useful in facilitating learning of theoretical concepts."

- Corinne Valdivia, Professor, Agricultural Economics, University of Missouri, USA