Article

Agricultural and Rural Development

Salomón Salcedo, Fernando Soto-Baquero, José Graziano Da Silva, Rodrigo Castañeda Sepúlveda and Sergio Gómez Echenique

in The Oxford Handbook of Latin American Economics

Published in print July 2011 | ISBN: 9780199571048
Published online September 2012 | | DOI: http://dx.doi.org/10.1093/oxfordhb/9780199571048.013.0024

Series: Oxford Handbooks in Economics

 Agricultural and Rural Development

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  • Economic Development and Growth
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Structural reforms implemented at both the macroeconomic and sector levels beginning in the 1980s played a fundamental role in the formation of Latin America's heterogeneous agricultural sector. Nearly all countries in the region embraced the same reform principles. Typically, these reforms saw unilateral trade liberalization, the elimination of subsidies, the privatization or closure of state-owned firms, the dismantling of research and extension institutions or a significant curtailment of their activities, and the deregulation of markets for agricultural goods and services. This chapter reviews these reforms, the challenges each country has faced in their implementation, and their impacts on the agriculture sectors of Latin American countries, and also considers the role of the state in agriculture and rural development.

Keywords: Latin America; structural reforms; agricultural reforms; rural development; trade liberalization

Article.  10762 words. 

Subjects: Economics ; Economic Development and Growth ; Agricultural, Environmental, and Natural Resource Economics

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