Empirical evidence indicates that in Latin America and the Caribbean, households on less favored, or marginal, agricultural land form a "residual" pool of rural labor. Although the modern sector may be the source of dynamic growth through learning-by-doing and knowledge spillovers, patterns of...

This paper analyzes macroeconomic growth of the economies in Southeast Asia since the end of the Second World War. It argues that there appears a convergence in development strategy among the economies in this region in recent decades. With few exceptions, every economy in Southeast Asia has...

This study examines the nature of economic stagnation in the majority of the countries in Sub-Saharan Africa (SSA) and discusses different approaches to structural transformation of their traditional agriculture-based economies. The argument is that the economies and people of SSA countries...

This paper examines the nature, causes, and consequences of economic stagnation in the majority of the countries in Sub-Saharan Africa (SSA) and discusses different approaches to the structural transformation of their traditional agriculture-based economies. It argues the economies and people...

In most poor countries, large majorities of the population live in rural areas and earn their livelihoods primarily from agriculture. Many rural people in the developing world are poor, and conversely, most of the world's poor people inhabit rural areas. Agriculture also accounts for a...

This chapter takes an analytical look at the potential role of agriculture in contributing to economic growth, and develops a framework for understanding and quantifying this contribution. The framework points to the key areas where positive linkages, not necessarily well-mediated by markets,...