Title Harvesting Prosperity
Subtitle Technology and Productivity Growth in Agriculture
Author Keith Fuglie, Madhur Gautam, Aparajita Goyal, William F. Maloney
ISBN 9781464813931
List price USD 49.95
Price outside India Available on Request
Original price
Binding Paperback
No of pages 268
Book size 178 x 254 mm
Publishing year 2020
Original publisher The World Bank
Published in India by .
Exclusive distributors Viva Books Private Limited
Sales territory India, Sri Lanka, Bangladesh, Pakistan, Nepal, .
Status New Arrival
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Review of the Book:

“As rightly argued by the authors, growth in agricultural productivity is the essential instrument to promote development in low-income agriculture-based countries. Achieving this requires research and development, upgrading of universities, reinforcement of farmer capacities, removal of constraints to adoption, and the development of inclusive value chains with interlinked contracts. As important, such efforts also need to be placed within a context of comprehensive agricultural, rural, and structural transformations. However, in many countries implementation of the requisite policies has been lagging. This book, with contributions from many top experts in the field, provides the most up-to-date presentation of this argument and explains in detail how to successfully put its ideas into practice. Governments, the private sector, and civil society organizations need to study it carefully to turn the promise of agriculture for development into a reality.”

—Alain de Janvry and Elisabeth Sadoulet, Professors of the Graduate School, University of California at Berkeley


Rising agricultural productivity has driven improvements in living standards for millennia. Today, redoubling that effort in developing countries is critical to reducing extreme poverty, ensuring food security for an increasing global population, and adapting to changes in climate. This volume presents fresh analysis on global trends and sources of productivity growth in agriculture and offers new perspectives on the drivers of that growth. It argues that gains from the reallocation of land and labor are not as promising as believed, so policy needs to focus more on the generation and dissemination of new technologies, which requires stepping up national research efforts. Yet, in many of the poorest nations, a serious research spending gap has emerged precisely at the time when the challenges faced by agriculture are intensifying. The book focuses on how this problem can be redressed in the public sector, as well as on reforms aimed at mobilizing new private sector actors and value chains, particularly creating a better enabling environment, reforming trade regulations, introducing new products, and strengthening intellectual property rights. On the demand side, the book examines what recent research reveals about policies to reduce the barriers impeding smallholder farmers from adopting new technologies.

Harvesting Prosperity is the fourth volume of the World Bank Productivity Project, which seeks to bring frontier thinking on the measurement and determinants of productivity to global policy makers.





Executive Summary: The Elusive Promise of Productivity

Chapter 1: Sources of Growth in Agriculture • Improving Agricultural Productivity: Traversing the Last Mile toward Reducing Extreme Poverty • Poverty Reduction, Productivity Growth, and Economic Transformation • Trends in Land and Labor Productivity • Conceptualizing Sources of Agricultural Growth • The Increasing Importance of TFP in Driving Agricultural Output Growth • What Will Accelerate Agricultural TFP? • Annex 1A. Issues in Measuring Agricultural Productivity • Notes • References

Chapter 2: Misallocation and Productivity Growth • The Potential for Productivity Gains from Reallocation • Insights on Farm Size and Productivity • Labor Productivity and Structural Transformation • Annex 2A. Microdata Sources for Measuring Labor Productivity in China and India • Annex 2B. Distribution of Workdays by Farm and Nonfarm Activities in a Typical Month for an Average Adult Worker in India • Annex 2C. Labor Productivity Differences by Farm Size • Annex 2D. Labor Productivity Differences by Education Level • Annex 2E. Drivers of Wage Differentials between Farm and Nonfarm Work in China • Notes • References

Chapter 3: Investing in Innovation • Agriculture Innovation Policy in a Changing Global Context • Agriculture R&D Spending Worldwide: Increasing but Uneven • Revitalizing Public Research • Providing Incentives for Private Innovation • Concluding Remarks • Annex 3A. Market Liberalization in Africa’s Maize Seed Industry • Annex 3B. Do Plant Breeders’ Rights Stimulate Investment in Crop Improvement? • Annex 3C. Herbicide Demand and Regional Harmonization of Regulations in Africa • Notes • References

Chapter 4: Improving the Enabling Environment for Technology Adoption • Removing Constraints and Adopting Policies to Promote Diffusion of Technology • The Technology Adoption Puzzle • Removing Policy Bias against Agriculture • Closing Education Gaps • Securing Land Tenure Rights for Smallholders • Providing Information Services • Helping Farmers Manage Risk • Improving Access to Financial Services • Linking Farmers to Markets • Concluding Remarks • Notes • References

Chapter 5: The Challenge of Agricultural Productivity Policy and the Promise of Modern Value Chains • The Agricultural Productivity and Innovation System • The Productivity Policy Dilemma in Agriculture and the Modern Value Chain • The Emergence of High-Value Markets • Value Chains and Agricultural Productivity: Some Conceptual Issues • Models of Value Chain Innovations and Organization • The Impact of Value Chain Transformations on Productivity • Cultivating Value Chains • Concluding Remarks • Notes • References

About the Authors:

Madhur Gautam is a Lead Economist with the Agriculture Global Practice at the World Bank. He has a Ph.D. in Agricultural Economics from the University of Maryland. His experience at the World Bank over the past 25 years spans Development Economics (Research), the Agricultural Policies Unit, the Independent Evaluation Group, and Operations. He has focused mainly on agricultural and food policy analysis and strategy, and has wide experience in economic and policy analysis and dialogue in Africa and South Asia.

Aparajita Goyal is a Senior Economist in the Poverty and Equity Global Practice of the World Bank. Her work focuses on microeconomic issues of development, with a particular emphasis on technological innovation in agriculture, access to markets, and intellectual property rights. Her research has been published in leading academic journals such as the American Economic Review, Journal of Human Resources, Journal of Development Economics, and has also been featured in popular press such as Frontline, The Economist, Wall Street Journal, amongst others. She has previously worked in the Development Economics Research Group, Office of the Chief Economist for Latin America region and recently in the Agriculture Global Practice, since joining the World Bank through the Young Professionals Program. She holds a PhD in Economics from the University of Maryland, an MSc from the London School of Economics and a BA in Economics from St. Stephen’s College, University of Delhi, India.

William F. Maloney is Chief Economist for Equitable Growth, Finance and Institutions in the World Bank Group. Previously he was Chief Economist for Trade and Competitiveness and Global Lead on Innovation and Productivity. Prior to the Bank, he was a Professor of Economics at the University of Illinois, Urbana-Champaign (1990-1997) and then joined, working as Lead Economist in the Office of the Chief Economist for Latin America until 2009. From 2009 to 2014, he was Lead Economist in the Development Economics Research Group. From 2011 to 2014 he was Visiting Professor at the University of the Andes and worked closely with the Colombian government on innovation and firm upgrading issues. Mr. Maloney received his PhD in economics from the University of California Berkeley (1990), his BA from Harvard University (1981), and he studied at the University of the Andes in Bogota, Colombia (1982-83). He has published on issues related to international trade and finance, developing country labor markets, and innovation and growth as well as written several World Bank flagship publications.

Target Audience:

This book will be useful to people interested in Poverty Reduction, Agricultural Productivity and Growth.

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