Download or read book Trade Exchange Rate and Agricultural Pricing Policies in the Republic of Korea written by Pʻal-lyong Mun and published by . This book was released on 1989 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report discusses government intervention in agricultural prices and how it persisted throughout the period 1960-84 in the Republic of Korea. During that period, the country largely completed its transformation from an agrarian economy to an industrialized one. In 1960, agriculture's share of gross national product (GNP) was 36.5 percent, and agriculture accounted for 60 percent of the country's employment. By 1984, agriculture's share of GNP was only 13.9 percent, and its share of employment had fallen to 25.9 percent. In the mid-1950s, Korea's centralized government concentrated on rebuilding the country, heavily damaged by the 1950-52 conflict. Later in the decade, and on into the 1960s, Korea turned its attention to expansion of industry and trade, and was highly successful. On average, national GNP increased more than 8 percent a year between 1960 and 1984, while the value of exports increased an average 30 percent a year. Initially, the great amount of attention paid to the industrial and trade sectors had negative effects on the incentives for agricultural production. Early in the 1970s, however, various factors caused the government to adopt a more favorable attitude toward the farm sector. Government intervention in agricultural prices had effects on agricultural production, agricultural consumption, foreign exchange earnings, the government's budget, and wages and income in both rural and urban sectors. Those effects are also presented in this report.
Download or read book Changes in Exchange Rates in Rapidly Developing Countries written by Takatoshi Ito and published by University of Chicago Press. This book was released on 2007-12-01 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: The exchange rate is a crucial variable linking a nation's domestic economy to the international market. Thus choice of an exchange rate regime is a central component in the economic policy of developing countries and a key factor affecting economic growth. Historically, most developing nations have employed strict exchange rate controls and heavy protection of domestic industry-policies now thought to be at odds with sustainable and desirable rates of economic growth. By contrast, many East Asian nations maintained exchange rate regimes designed to achieve an attractive climate for exports and an "outer-oriented" development strategy. The result has been rapid and consistent economic growth over the past few decades. Changes in Exchange Rates in Rapidly Developing Countries explores the impact of such diverse exchange control regimes in both historical and regional contexts, focusing particular attention on East Asia. This comprehensive, carefully researched volume will surely become a standard reference for scholars and policymakers.
Download or read book Trade Exchange Rate and Agricultural Pricing Policies in Zambia written by Doris J. Jansen and published by . This book was released on 1988 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Trade Exchange Rate and Agricultural Pricing Policies in Pakistan written by Naved Hamid and published by . This book was released on 1990 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Trade Exchange Rate and Agricultural Pricing Policies in the Philippines written by Ponciano S. Intal and published by World Bank Publications. This book was released on 1990 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Trade Exchange Rate and Agricultural Pricing Policies in Egypt written by Jean-Jacques Dethier and published by . This book was released on 1989 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines twenty-five years of pricing policies in agriculture, covering the period 1960-85. During this period, the price regime has discriminated strongly against agriculture. The study focuses on the objectives and implications of government intervention on five major crops, cotton, rice, wheat, maize, and sugarcane. It examines the economic history of price intervention, both at the sectoral and at the economy-wide level. After an introductory essay outlining political, macroeconomic, and sectoral developments, the objectives and instruments of agricultural policy are examined, and the incidence of intervention on relative prices and values added are studied. The effects of price intervention on agricultural output, rural and urban incomes, consumption, foreign exchange earnings, the government budget, and on resource flows in and out of agriculture are also examined. The study analyzes the determinants of agricultural pricing policies, including the influence of world prices and the relationship between government intervention and price variability. In the conclusions, a political-economic interpretation of twenty-five years of price interventions is given, and recent reform attempts are examined. Finally, background material such as time series data, calculations, and more detailed descriptions of economic policies and institutions are given in the appendices.
Download or read book The Politics of Economic Reform in South Korea written by Tat Yan Kong and published by Routledge. This book was released on 2013-10-11 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive and authoritative account of the development of the Korean economy combines an historical approach with a substantial treatment of the new economy. Its fresh analysis of the recent transition and systematic treatment of labour issues represent a significant contribution to the scholarship on the politics of development. It is an essential resource for students of comparative political economy and East Asian development.
Download or read book Distortions to Agricultural Incentives in Asia written by Kym Anderson and published by World Bank Publications. This book was released on 2009-02-04 with total page 606 pages. Available in PDF, EPUB and Kindle. Book excerpt: The vast majority of the world's poorest households depend on farming for their livelihoods. During the 1960s and 1970s, most developing countries imposed pro-urban and anti-agricultural policies, while many high-income countries restricted agricultural imports and subsidized their farmers. Both sets of policies inhibited economic growth and poverty alleviation in developing countries. Although progress has been made over the past two decades to reduce those policy biases, many trade- and welfare-reducing price distortions remain between agriculture and other sectors and within the agricultural sector of both rich and poor countries. Comprehensive empirical studies of the disarray in world agricultural markets appeared approximately 20 years ago. Since then, the Organisation for Economic Co-operation and Development had provided estimates each year of market distortions in high-income countries, but there have been no comparable estimates for the world's developing countries. This volume is the third in a series (other volumes cover Africa, Europe's transition economices, and Latin America and the Caribbean) that not only fills that void for recent years but extends the estimates in a consistent and comparable way back in time and provides analytical narratives for scores of countries that shed light on the evolving nature and extent of policy interventions over the past half-century. 'Distortions to Agricultural Incentives in Asia' provides an overview of the evolution of distortions to agricultural incentives caused by price and trade policies in the 12 largest economies of East and South Asia. Together these countries constitute more than 95 percent of the region's population, agricultural output, and overall GDP. Sectoral, trade, and exchange rate policies in the region have changed greatly since the 1950s, and there have been substantial reforms since the 1980s, most notably in China and India. Nonetheless, numerous price distortions in this region remain and others have added in recent years. The new empirical indicators in these country studies provide a strong evidence-based foundation for assessing the successes and failures of the past and for evaluating policy options for the years ahead.
Download or read book Seminar on Trade and Pricing Policies in Latin American Agriculture written by and published by IICA Biblioteca Venezuela. This book was released on with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Agrarian Questions written by Henry Bernstein and published by Routledge. This book was released on 2016-01-20 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection celebrates T.J. Byres' seminal contributions to the political economy of the agrarian question. Uniting the various themes is the demonstration of the continuing relevance of a critical, historical and comparative materialist analysis of agrarian question.
Download or read book G A T T and Global Agriculture written by Mary E. Lassanyi and published by . This book was released on 1990 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Distortions to Agricultural Incentives written by Kym Anderson and published by World Bank Publications. This book was released on 2009 with total page 682 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume in the 'Distortions to Agricultural Incentives' series focus on distortions to agricultural incentives from a global perspective.
Download or read book Agricultural Price Policy for Developing Countries written by John Williams Mellor and published by International Food Policy Research Insitute. This book was released on 1988 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: The international environment for national price policies; Domestic market intervention; Production response, technology, and commercialization; Consumers' welfare.
Download or read book The Effects of Trade and Exchange Rate Policies on Production Incentives in Agriculture written by Dimitris Diakosavvas and published by Food & Agriculture Org.. This book was released on 1990 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Food Price Policy in Asia written by Terry Sicular and published by Cornell University Press. This book was released on 2019-05-15 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book sheds light on the causes and effects of food price policy during the development process by examining it in a variety of settings—in Asian countries that range from large to small, and include food importers and exporters, protectionists and free marketers, capitalists and socialists.
Download or read book The Rise of Asia written by Prema-chandra Athukorala and published by Routledge. This book was released on 2010-07-12 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Rise of Asia examines emerging trends and patterns of foreign trade and investment in Asia with a view to contributing to the policy debate on how development strategies should be adopted in response to challenges to economic globalization. The existing body of knowledge in this subject area has predominantly been shaped by the experiences of the newly industrialized countries (NICs) in East Asia. This volume is inspired by the conviction that generalization from the NIC experience is hazardous because the on-going process of economic globalization over the past two decades has dramatically transformed the international context of national development policy making. Moreover, as ‘embracing market’, albeit at varying degree and rapidly, has now become an Asia-wide phenomenon, it is vital to look at the issues from a broader relational perspective, paying attention to opportunities for intra-regional division of labour within the wider context of global economic integration. This book will be of interest to students and scholars with an interest in Asian studies, economics, political economy and globalization.
Download or read book Agriculture and Economic Development in East Asia written by Joanna Boestel and published by Routledge. This book was released on 2013-01-11 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comparative study which describes and analyses the contribution of agriculture to the economies of East Asia. Until now, little attention has been paid to the agricultural sector which actually underpins industrial and commercial development. Recently, this sector has become the focus of increasingly bitter economic disputes, especially over protection and the use of import tariffs. A comparative framework is used, employing case studies from Japan, Taiwan and South Korea to highlight both the common characteristics of agriculture's role in East Asian development, and features particular to the political economy of agriculture in each country.
