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This chapter aims to evaluate the country’s agricultural modernization strategy under the lens of the market-driven approach. The early post-War period of economic policy relates to solving the food problem solution for low-income countries, which minimizes farmer welfare and emphasizes...
Persistent link: https://www.econbiz.de/10012886530
The main driver of long run economic growth is total factor productivity. Among the basic sectors, namely agriculture, industry, and services, inclusiveness of economic growth depends most importantly on agriculture. This study provides growth projections for the Philippine agriculture based on...
Persistent link: https://www.econbiz.de/10011751583
Inclusive growth requires boosting incomes of workers currently in agriculture, either by shifting them to better‐paying jobs outside agriculture, or raising wages within agriculture. A comprehensive socioeconomic profile of agricultural workers will facilitate identification and...
Persistent link: https://www.econbiz.de/10011751606
Fruits and vegetables comprise a large and dynamic sub-sector within Philippine agriculture. However the country's agricultural development strategy continues to emphasize traditional crops. Evidence points to a significant role for fruits and vegetables in agricultural diversification and rural...
Persistent link: https://www.econbiz.de/10003913972
Persistent link: https://www.econbiz.de/10003936311
Numerous studies have tried to explain the poor growth performance of the Philippines. This paper critically reviews related literature on constraints to long-run growth, as it applies to the Philippines. We evaluate several factors, namely: culture; corruption; and institutions. The last offers...
Persistent link: https://www.econbiz.de/10003834913
Sustaining and accelerating agricultural growth remains a development imperative in view of persistent rural poverty and emerging threats to food security. While growth can be achieved by expansion of agricultural area and input intensification, growth through improvement in productivity is a...
Persistent link: https://www.econbiz.de/10003935066
For the Philippines, quantitative policy analysis should incorporate regional differences in welfare and economic structure, which arise partly from geographic constraints. However, existing CGE models offer limited analysis of regional effects or national impacts of region-specific...
Persistent link: https://www.econbiz.de/10003817284
The agriculture and fisheries sector has been expanding over time, albeit within the overall context of structural change in the Philippine economy. However, based on progress made in other similarly situated economies, growth and productivity trends have not been "on track." While considerable...
Persistent link: https://www.econbiz.de/10014476012
The Philippines' Agriculture and Fisheries Modernization Act (AFMA) identifies one of the modernization objectives as "to encourage horizontal and vertical integration, consolidation, and expansion of agriculture and fisheries activities, group functions and other services through the...
Persistent link: https://www.econbiz.de/10014476024