By Joanna Boestel, Visit Amazon's Penelope Francks Page, search results, Learn about Author Central, Penelope Francks, , Choo Hyop Kim
A comparative research which describes and analyses the contribution of agriculture to the economies of East Asia. previously, little awareness has been paid to the rural region which really underpins business and advertisement improvement. lately, this region has turn into the point of interest of more and more sour monetary disputes, particularly over defense and using import price lists.
A comparative framework is used, utilising case stories from Japan, Taiwan and South Korea to focus on either the typical features of agriculture's function in East Asian improvement, and contours specific to the political economic system of agriculture in every one state.
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Additional resources for Agriculture and Economic Development in East Asia: From Growth to Protectionism in Japan, Korea and Taiwan
12 The second feature of any model of agriculture’s role in East Asian development must relate to the micro level and structural response of the farm sector to the increasing dominance of industry within the economy. The ‘Western’ model of agricultural adjustment assumes that farm businesses can only survive in a predominantly industrial economy if they can achieve levels of labour productivity comparable to those in industry and that this has to be achieved through increases in cultivation scale and mechanisation.
On the other hand, however, while agricultural output continued to grow and to meet the demand for food, the small-scale family-farm enterprise remained intact, providing intensive employment for its members, a market for industrially-produced goods and an economic and social link between the rural and industrial worlds. The question of whether, and if so how, the East Asian industrialising countries did indeed achieve the best of both worlds as regards agriculture’s role in the first stages of industrialisation is one which later chapters seek to explore.
By the 1970s,Japan was a fully-fledged industrial economy poised to continue to grow, at a slower but steady pace through the subsequent decades, into the rival of the United States as the world’s greatest economic power. The rise ofTaiwan and Korea to the status of industrial economies began, perhaps not coincidentally, a decade or so afterJapan’s economic miracle but was in some respects even more spectacular. During the 1950s, the governments of both countries pursued the kind of import-substitution industrialisation strategy then widely advocated as the means to escape from underdevelopment and dependency.
Agriculture and Economic Development in East Asia: From Growth to Protectionism in Japan, Korea and Taiwan by Joanna Boestel, Visit Amazon's Penelope Francks Page, search results, Learn about Author Central, Penelope Francks, , Choo Hyop Kim