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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2016
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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 |
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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 |
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Foreign Institution |
institution |
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World Bank Open Knowledge Repository |
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language |
English en_US |
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agribusiness value chains productivity agricultural trade export competitiveness tourism global brands subsidies market liberalization investment inclusivity public-private partnership |
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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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1764458561420656640 |