The Role Of Government

The consensus on the appropriate role of government in the agricultural economy has shifted over time toward less direct management of economic activities and fewer controls on prices and quantities of factors and outputs. Although the concept of 'market failure' in the private sector has long been recognized in economics, the awareness of 'government failure' is now much greater than before. Much of government failure can be attributed to inappropriate institutional incentives and weak fiscal...

Principles of Agricultural Policy

Agricultural Income The Diagram

In addition to the identification of objectives and means of policy, a strategic framework should also be based on principles that guide policy actions. In other words, the objectives of policy will not be pursued at any cost. The principles represent conditions or limits on the kinds of actions - means - that will be employed in attempting the fulfill the strategic objectives. There are five basic principles for making an agricultural strategy sustainable over the long run, as follows 6...

Illustrations of New Trends in Agricultural Extension

In short, a wide range of approaches to extension, characterized by a greater role for non-governmental entities and greater emphasis on farmer participation, has proven to be effective in developing countries. In the case of Thailand, as another example, the private sector has been credited with the successful dissemination of new varieties of cassava. A microcosm of these new trends is found in the case of Bangladesh, as presented by Antholt, citing work by Chowdhury and Gilbert 138...