Agribusiness in South Asia

Agribusiness (including agriculture) accounts for almost one third of South Asia’s GDP and has the potential to almost double over the next fifteen years (reaching 1.5 trillion US dollars by 2030). This increase will be driven by rapid growth in population, incomes and urbanization, as well as accel...

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Main Authors: Chodavarapu, Soujanya, Giertz, Asa, Jaeger, Peter
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2016
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2016/10/26845556/agribusiness-south-asia-extended-version-industry-case-study-done-south-asia’s-turn-policies-boost-competitiveness-create-next-export-powerhouse
http://hdl.handle.net/10986/25116
id okr-10986-25116
recordtype oai_dc
spelling okr-10986-251162021-05-25T08:52:12Z Agribusiness in South Asia Chodavarapu, Soujanya Giertz, Asa Jaeger, Peter agribusiness value chains productivity agricultural trade export competitiveness tourism global brands subsidies market liberalization investment inclusivity public-private partnership Agribusiness (including agriculture) accounts for almost one third of South Asia’s GDP and has the potential to almost double over the next fifteen years (reaching 1.5 trillion US dollars by 2030). This increase will be driven by rapid growth in population, incomes and urbanization, as well as accelerated transformation of the sector towards higher value products and downstream activities. The highest growth will come from processed food and related services, such as food retail and restaurants which will create millions of productive jobs outside agriculture and positive backward linkages for farmers. Removing restrictions on trade, markets and prices would support this transformation; reforms in these areas are already showing promising effects. In addition, governments should continue to support smaller and poorer farmers, who may not benefit from this transformation. More targeted and pro-active support should be provided to raise productivity, rather than blanket subsidies and price controls that encourage the status quo and threaten the sustainability of the sector in the face of climate change (for example, large untargeted water subsidies). 2016-10-06T17:06:45Z 2016-10-06T17:06:45Z 2016-10-01 Working Paper http://documents.worldbank.org/curated/en/2016/10/26845556/agribusiness-south-asia-extended-version-industry-case-study-done-south-asia’s-turn-policies-boost-competitiveness-create-next-export-powerhouse http://hdl.handle.net/10986/25116 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper South Asia South Asia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic agribusiness
value chains
productivity
agricultural trade
export competitiveness
tourism
global brands
subsidies
market liberalization
investment
inclusivity
public-private partnership
spellingShingle agribusiness
value chains
productivity
agricultural trade
export competitiveness
tourism
global brands
subsidies
market liberalization
investment
inclusivity
public-private partnership
Chodavarapu, Soujanya
Giertz, Asa
Jaeger, Peter
Agribusiness in South Asia
geographic_facet South Asia
South Asia
description Agribusiness (including agriculture) accounts for almost one third of South Asia’s GDP and has the potential to almost double over the next fifteen years (reaching 1.5 trillion US dollars by 2030). This increase will be driven by rapid growth in population, incomes and urbanization, as well as accelerated transformation of the sector towards higher value products and downstream activities. The highest growth will come from processed food and related services, such as food retail and restaurants which will create millions of productive jobs outside agriculture and positive backward linkages for farmers. Removing restrictions on trade, markets and prices would support this transformation; reforms in these areas are already showing promising effects. In addition, governments should continue to support smaller and poorer farmers, who may not benefit from this transformation. More targeted and pro-active support should be provided to raise productivity, rather than blanket subsidies and price controls that encourage the status quo and threaten the sustainability of the sector in the face of climate change (for example, large untargeted water subsidies).
format Working Paper
author Chodavarapu, Soujanya
Giertz, Asa
Jaeger, Peter
author_facet Chodavarapu, Soujanya
Giertz, Asa
Jaeger, Peter
author_sort Chodavarapu, Soujanya
title Agribusiness in South Asia
title_short Agribusiness in South Asia
title_full Agribusiness in South Asia
title_fullStr Agribusiness in South Asia
title_full_unstemmed Agribusiness in South Asia
title_sort agribusiness in south asia
publisher World Bank, Washington, DC
publishDate 2016
url http://documents.worldbank.org/curated/en/2016/10/26845556/agribusiness-south-asia-extended-version-industry-case-study-done-south-asia’s-turn-policies-boost-competitiveness-create-next-export-powerhouse
http://hdl.handle.net/10986/25116
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