Agricultural Policies

Paper

Rapid growth of selected Asian economies. Lessons and implications for agriculture and food security China and India.

Regional office for Asia and the pacific food and agriculture organization of the United Nations (FAO)

Asia and the Pacific region is the most economically vibrant region in the world today, having achieved and maintained accelerated economic growth in recent decades. As a result, within one generation, many people in this region have escaped from the poverty trap. Ensuring an enabling policy and economic environment, supported by adequate investment and strengthened human and institutional capacities have fuelled this growth; advances in the agriculture and rural sectors have played their part and, in turn, they have benefited from good overall economic performance. Among recent trends, growth in China and India is noteworthy in terms of its sheer scale and the degree of regional and global impact that is being manifested at an increasing rate. In these two major countries, as in other Asian economies, the agriculture sector continues to play a pivotal role in almost all stages of development; smaller vibrant economies in the region, such as Thailand and Viet Nam have demonstrated how effectively they have made agricultural growth and trade contribute to reduction of poverty and food insecurity. Even in the Republic of Korea — regarded as a paragon of manufacturing-based export-led growth — agriculture has nevertheless played a crucial role in the initial stages of development […].

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