"The book is a new explanation of the decline in agricultural productivity in developing countries, transcending beyond the conventional approaches to understanding productivity using agricultural inputs and factors of production. It brings in the role of formal and informal institutions that govern transactions, property rights and accumulation. The volume addresses the misalignment of agricultural productivity with crop intensity and defines in terms of quantity of inputs, quality of mechanisation and technological ...
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"The book is a new explanation of the decline in agricultural productivity in developing countries, transcending beyond the conventional approaches to understanding productivity using agricultural inputs and factors of production. It brings in the role of formal and informal institutions that govern transactions, property rights and accumulation. The volume addresses the misalignment of agricultural productivity with crop intensity and defines in terms of quantity of inputs, quality of mechanisation and technological progress, and degree of ensuring sustainability of ecosystem and biodiversity. The narrative and empirics present a comprehensive, well-balanced lens to perceive agrarian transition in developing countries. It lays out the dynamics of contemporary agrarian transition, starting from the shifts in land relations, productivity and class relations to present-day challenges to sustainability in agriculture. It argues that the existing process of accumulation has resulted in a non-sustainable agriculture because of market failures, caused by asymmetries of power, diseconomies of scale and unstable property rights, resulting in arrested productivity growth. The exploration of theoretical apparatuses through empirical validations reveals that agrarian transition should be understood in relation to the wider (non-agrarian) economic development in society, as political settlement and primitive accumulation permit (inhibit) property rights being re-allocated in growth-enhancing directions"--
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