One of the principal themes of this book is to explore whether agriculture can foster economic development in the country or not. If so, what steps have to be taken and models to be adopted? Structural transformation from agriculture to manufacturing and services is inevitable as a country develops. The role of agriculture in economic development and poverty reduction has long been debated. Due to the growth in agriculture, food becomes cheaper, farm incomes increase, thereby creating more jobs, and increased incomes ...
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One of the principal themes of this book is to explore whether agriculture can foster economic development in the country or not. If so, what steps have to be taken and models to be adopted? Structural transformation from agriculture to manufacturing and services is inevitable as a country develops. The role of agriculture in economic development and poverty reduction has long been debated. Due to the growth in agriculture, food becomes cheaper, farm incomes increase, thereby creating more jobs, and increased incomes stimulate economic diversification. Thus, development in the agricultural sector propels the rest of the economy. Hence, there is a need for greater resource allocation in favor of agriculture, particularly in predominantly agrarian areas. These concepts are explored through the chapters of this book.
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