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Introduction to Part II

In: Structural Change, Economic Interdependence and World Development

Author

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  • N. Islam

    (Food and Agricultural Organisation of the UN)

Abstract

World food and agriculture — past performance and future prospects — have important implications for and impact on interdependence between nations and economic sectors. The rate and pattern of agricultural growth affect changes in the structure of both national and international economies. Agricultural development both spurs overall development and, in turn, is stimulated by it. This is especially so in developing countries in view of agriculture’s importance as a source of income and employment. A rise in income and associated changes in the pattern of demand and technological progress lead to changes in the relative role of agriculture in the overall national economy. With income growth there is a shift in the composition of demand away from emphasis on food and agriculture towards the non-agricultural sector. At the same time technological progress in agriculture leads to increased labour productivity and releases the labour force from agriculture to the rest of the economy.

Suggested Citation

  • N. Islam, 1987. "Introduction to Part II," International Economic Association Series, in: Silvio Borner & Alwyn Taylor (ed.), Structural Change, Economic Interdependence and World Development, chapter 5, pages 51-63, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-09117-1_5
    DOI: 10.1007/978-1-349-09117-1_5
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    References listed on IDEAS

    as
    1. Kazuaki Okamura & Nizamul Islam, 2021. "Effects of the timing of childbirth on female labor supply: an analysis using the sequential matching approach," Applied Economics, Taylor & Francis Journals, vol. 53(28), pages 3253-3266, June.
    2. Okamura, Kazuaki & Islam, Nizamul, 2021. "Multinomial employment dynamics with state dependence and heterogeneity: Evidence from Japan," Economic Modelling, Elsevier, vol. 101(C).
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