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Analyses the characteristics of structural adjustment programmes, agricultural responses to them, and the implementation of adjustment strategies in agriculture. Looks at agriculture as a source of economic imbalances, agricultural priorities, and the role of international organisations.
Examines the interaction between macroeconomic and agricultural sector reforms in developing and East European economies.
This book traces the impact of structural adjustment policies upon the incomes and welfare of Africa's peasant farmers who currently operate at very low levels of productivity of both land and labour and are confronted with low household income and inadequate food security. A common method has been applied across five countries. Analyses have been made of the links between national economic policies and the various markets in which the smallholders operate, and the services and infrastructures which influence their productive capacities. There are differences in the resource base and the level of ecological deterioration, in export opportunities, in physical infrastructure and, in particular, in the depth and nature of economic policy reforms. The team have recognised the important differences between these five countries and overcome the formidable problems of collecting agricultural data in Africa. The book provides firm evidence of the impact, both positive and negative, of structural adjustment. The editors argue for a more targeted, project-specific approach to small farmer development. This complements the current, donor interest in policy related aid support.
As a result of the regional debt crisis, most governments of Latin America in the 1980s entered into a process of profound policy change, from an import substitution oriented strategy to a focus upon export-promotion, with an emphasis upon market liberalisation. According to mainstream economic theory, the effect of this shift would be to favour agriculture. This book, with contributors from Latin America and Europe, surveys the results on agriculture of a decade of policy change, and to produce new and unexpected insights.