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‘Agriculture not industry is the main constrain to economic development in the developing countries’ - discuss.
‘Agriculture not industry is the main constrain to economic development in the developing countries’ - discuss.
Details
language |  | english |
wordcount |  | 2310 (cca 6.5 pages) |
contextual quality |  | N/A |
language level |  | N/A |
price |  | free |
sources |  | 11 |
Table of contents
Page 1-2 Agriculture and economic devlopment
Page 3-5-Models of balanced and unbalanced growth
Page 5-7-Country evidence
Page 8 Conclusion
Preview of the essay: ‘Agriculture not industry is the main constrain to economic development in the developing countries’ - discuss.
To answer whether it is agriculture that is the main constraint to development, I will start by explaining what is meant by economic development and will then proceed to consider the importance of agriculture and industry in attaining economic development in the models of balanced and unbalanced growth. Evidence will then be provided from countries that have experienced development, which will include analysis of the roles of agriculture and industry in these countries. Finally I will evaluate whether it is agriculture that provides the main constraint to development using the evidence presented. ...
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... agriculture has an important part to play in the development process as suggested by the balanced growth model. The findings do not suggest that agriculture should be the leading sector but that agriculture and industry should both be considered important in combination and should not be seen as separate entities. The improvements of both sectors together will tend to enhance the development process. The policy implications of this are that the government should not focus on one particular sector but should try to balance funds across the sectors to achieve development.
Essay is in categories
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Economics
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Economics
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Macroeconomics
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Comments
Princess R.I enjoyed reading this essay. The proposition presented in highly debatable. Kudos to a good discussion!