By V. Balasubramanyam, Sanjaya Lall
This e-book brings jointly dialogue of the major modern matters in improvement economics. The chapters are particularly written via renowned overseas authors and supply a succinct survey of modern theoretical advancements and the research of coverage prescriptions. The publication is written in a transparent and available type and may supply scholars with a vital advisor to present matters in improvement economics.
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Additional info for Current Issues in Development Economics
In particular, critics argued that gains in production were offset by increasing income inequality. However, more recent evidence,13 suggests the following generalisations concerning the adoption process and income distribution impacts of the GR: 1. 2. The HYVs were adopted at rapid rates in those areas where they were technically and economically superior to local varieties. There has been a wide diffusion of the HYVs among farmers over time, irrespective of farm size and tenure status. Whilst smaller farmers tend to lag behind larger farmers, the lags disappear after a few years.
In comparison with traditional varieties (TVs) , the seeds of the HYVs embody greater genetic potential for response to fertiliser in a favourable environment and HYVs are described as short, stiffstrawed, fertiliser-responsive plants. 7 Typically the HYVs have a shorter growing period than TVs. The HYVs have had an important impact on production in those countries where there has been significant adoption. Specifically, higher yields have been obtained by using larger quantities of fertilisers, controlling weeds, pests and diseases more effectively and managing the use of water.
A satisfactory theory of the state in developing countries is likely to encompass a variety of approaches. These might include the Marxist view of the state as representing dominant class interests; the neoclassical view of the state as an arena for competition among interest groups; the view that government, or its bureaucracy, pursues its own interests - for instance, using economic policies to purchase the support and secure the leverage necessary for retaining power; and the notion that urban bias in development policies is due to the disproportionate political power of urban dwellers.
Current Issues in Development Economics by V. Balasubramanyam, Sanjaya Lall