Agricultural Development for Inclusive Growth: A Strategy for Achieving the Millennium Development Goals

East Asian Economic Review. 2005;9(1):59-84 DOI 10.11644/KIEP.JEAI.2005.9.1.136

 

Journal Homepage

Journal Title: East Asian Economic Review

ISSN: 2508-1640 (Print); 2508-1667 (Online)

Publisher: Korea Institute for International Economic Policy

LCC Subject Category: Social Sciences: Economic theory. Demography: Economics as a science

Country of publisher: Korea, Republic of

Language of fulltext: English

Full-text formats available: PDF

 

AUTHORS

Shalendra D. Sharma (University of San Francisco)

EDITORIAL INFORMATION

Double blind peer review

Editorial Board

Instructions for authors

Time From Submission to Publication: 10 weeks

 

Abstract | Full Text

One of the Millennium Development Goals set by the United Nations is to reduce the global level of "extreme poverty" (the roughly 1.5 billion people whose income is less than $1 a day) by half by 2015. How can such a goal be reached? This paper argues that since the vast majority of the people living in extreme poverty depend either directly or indirectly on agriculture for their livelihood, sustained growth in agricultural production and productivity is one of the most important ways to alleviate poverty and hunger. However, for this to happen, the pace of rural and agricultural development must be greatly accelerated. Public investments in rural services and infrastructure, the application of modern science and technology, and the use of new biotechnologies ­ the so­called "second generation green­revolution" ­ will be critical to boost and sustain agricultural growth and reduce global poverty.