Agriculture ‐ Executive Summary
Abstract:In most poor countries, agriculture is a major employer and source of national income and export earnings. Growth in agriculture tends to be pro‐poor ‐ it harnesses poor people's key assets of land and labour, and creates a vibrant economy in rural areas where the majority of poor people live. Agriculture connects economic growth and the rural poor, increasing their productivity and incomes. The importance of agriculture for poverty reduction, however, goes well beyond its direct impact on rural incomes. Agricultural growth, particularly through increased agricultural sector productivity, also reduces poverty by lowering and stabilising food prices; improving employment for poor rural people; increasing demand for consumer goods and services; and stimulating growth in the non‐farm economy.
Document Type: Review Article
Publication date: February 1, 2007