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41 reviewsISBN 10: 8763099853
ISBN 13: 9788763099851
Author: Soren Kjeldsen Kragh
The first part of the book describes agricultural progress in Europe and the USA since 1750, when modern societies began to develop. Although there were significant differences from country to country, agriculture was an engine of growth during the period 1750-1914.
Since 1914, agriculture has experienced difficulties in spite of spectacular increases in productivity. The book describes the beginning of agricultural policy during the Great Depression, and how it continued and developed in the EU and the USA after the Second World War. Agricultural policy in the post-war period built on the legacy of the past, and only in recent years have there been signs of fundamental reform.
The second part of the book builds a model of the development process. The author emphasises that it is not possible to explain development without looking simultaneously at the resources, technology, institutions and attitudes prevalent in a country.
The author develops a stage theory to identify the crucial factors driving economic development from period to period.
Development begins when improved technologies increases productivity and institutional changes in the form of agricultural reforms allow the improved technologies to spread. Later, new markets and institutions are established around the original market.
The functioning of the market depends on transport and communication, distribution channels, human resources, innovations and the diffusion of information. Close integration between the rural and the urban sectors is a prerequisite for a dynamic interaction.
Developing countries had to choose their development strategy when they became independent after the Second World War. The main problem was not that they protected the manufacturing industry but that they neglected agriculture.
I General economic trends
1. Economic development in the modern era
1.1 The modern era started around 1750
1.2 The data available for comparison
1.3 Population growth from 1500 to 2000
1.4 Economic development from 1500 to 1820
1.5 Economic development from 1820 to 2000
1.6 Industrialisation
1.7 Different economic conditions in Western Europe and the USA in different periods
1.8 The business cycle
1.9 Factors influencing economic development
1.10 Summary
2. Integration and trade
2.1 New ideas in a world with little integration 1750-1815
2.2 The increase in international trade 1815-2000
2.3 Increasing integration and liberalisation 1815-1875
2.4 Increasing integration and tariff protection 1875-1914
2.5 A turbulent period of disintegration 1914-1945
2.6 The revival of integration 1945-2000
2.7 Summary
II Agricultural development
3. Employment, productivity and prices in agriculture
3.1 The relative decline of agriculture
3.2 Production resources in agriculture
3.3 Productivity in agriculture
3.4 Productivity differs between countries
3.5 Demand for agricultural products
3.6 Agricultural prices in the short term
3.7 Agricultural prices in the medium term
3.8 Agricultural prices in the long term
3.9 Real agricultural prices
3.10 Summary
4. Technological and institutional changes in agriculture 1750-1914
4.1 What are technological and institutional changes?
4.2 An overview of industrial and agricultural changes
4.3 The farming system in Europe before the agricultural revolution
4.4 The first technological changes
4.5 Institutional changes in the form of agricultural reforms
4.6 Technological changes continued
4.7 Institutional change in the form of economic integration
4.8 The importance of markets
4.9 Summary
5. Agricultural reforms in Europe 1750-1914
5.1 The feudal system was not the same everywhere
5.2 Britain
5.3 France
5.4 Germany
5.5 Denmark
5.6 Mediterranean countries
5.7 Austria-Hungary and the Balkans
5.8 Russia
5.9 Summary
6. Trade policy and agricultural performance in different countries 1815-1914
6.1 Britain
6.2 France
6.3 Germany
6.4 Denmark
6.5 The USA
6.6 Summary
7. Agricultural markets and public intervention 1914 – 1945
7.1 The First World War and the restoration of peace 1914-1929
7.2 The introduction of agricultural support policies inEurope 1929-1939
7.3 The Great Depression and agricultural policy in the USA 1929-1939
7.4 Lack of international co-operation
7.5 How did agriculture perform?
7.6 Agriculture in the Soviet Union 1917-1939
7.7 The debate about development strategy in the Soviet Union
7.8 Summary
8. Adjustment and agricultural policies 1945-2000
8.1 The immediate post war period 1945-1950
8.2 GATT and agriculture
8.3 Agricultural policies 1950-1960
8.4 The foundation of the European Economic Community and the Common Agricultural Policy
8.5 Agricultural policy problems 1968-1973
8.6 The agricultural trend of falling real prices
8.7 The Common Agricultural Policy 1973-1990
8.8 Why was the CAP allowed to be developed?
8.9 US agricultural policy 1960-1990
8.10 Agriculture more dependent on world markets and macroeconomic policies
8.11 Agricultural reforms since 1990
8.12 Summary
III Lessons from the past
9. The determinants of agricultural development
9.1 A development model
9.2 Common characteristics of feudal societies
9.3 The different stages of agricultural development
9.4 The first stage of agricultural development
9.5 The second stage of agricultural development
9.6 The third stage of agricultural development
9.7 The fourth stage of development
9.8 What will happen in the fifth stage?
9.9 Summary
10. Agriculture in the early stage of economic development
10.1 Agriculture or industry as the engine of growth
10.2 Agricultural demand stimulated industrialisation
10.3 Agriculture supplied resources
10.4 Interrelationship between agriculture and industry
10.5 Agricultural development and population growth
10.6 Agricultural reforms and farm size structure
10.7 Summary
11. Markets and institutions for further development
11.1 The market mechanism and development
11.2 The implementation of the market economy
11.3 Markets are of special importance to agriculture
11.4 Agriculture is a biological production
11.5 The institutional framework and agriculture
11.6 The experience of the Soviet planned economy
11.7 Summary
12. Economic policy intervention
12.1 Trade policy
12.2 Agricultural policy
12.3 Problems caused by agricultural policy
12.4 Macroeconomic policy and agriculture
12.5 Summary
13. Agriculture in the developing countries after 1950
13.1 The long-term trends in the Third World
13.2 Why did the developing countries choose industrialisation?
13.3 Was it wise to focus on industrialisation?
13.4 Production structures and patterns
13.5 The importance of prices
13.6 Macroeconomic policies in the developing countries
13.7 Summary
14. The lessons of history
14.1 Different methods of analysis
14.2 General economic trends
14.3 Agricultural development
14.4 A development model
14.5 Productivity increases and agricultural reforms
14.6 Economic integration, markets and economic environment
14.7 Economic and agricultural policy intervention
14.8 Post-war experiences of the developing countries
the role of economics in agriculture
the story of agriculture and the green economy
the economics of farming
is agriculture economic
is agriculture related to economics
is agriculture economic or social
Tags: Soren Kjeldsen Kragh, agriculture, economic