Gaining Momentum in Peruvian Agriculture : Opportunities to Increase Productivity and Enhance Competitiveness

What is the future for agriculture in Peru? Once the principal source of employment and income for much of the population, Peru’s agricultural sector has declined in importance as the national economy has grown and urbanized. Economic activity in t...

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Main Author: World Bank
Format: Report
Language:English
en_US
Published: World Bank, Lima 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/107451498513689693/Gaining-momentum-in-Peruvian-agriculture-opportunities-to-increase-productivity-and-enhance-competitiveness
http://hdl.handle.net/10986/27517
id okr-10986-27517
recordtype oai_dc
spelling okr-10986-275172021-05-25T09:01:46Z Gaining Momentum in Peruvian Agriculture : Opportunities to Increase Productivity and Enhance Competitiveness World Bank AGRICULTURAL PRODUCTIVITY COMPETITIVENESS EXPORT COMPETITIVENESS What is the future for agriculture in Peru? Once the principal source of employment and income for much of the population, Peru’s agricultural sector has declined in importance as the national economy has grown and urbanized. Economic activity in the sector has continued to grow, but economic activity in other sectors has grown more rapidly, leaving agriculture to make up an ever smaller share of the overall economy. The future of Peruvian agriculture should concern policy makers, for at least five reasons. First, agriculture makes up an important part of the economy, so if agricultural growth decelerates, overall growth will suffer. Second, an expanding agricultural sector diversifies Peru’s economy and reduces dependence on extractives, so if the agricultural sector contracts relative to other sectors, economic growth could become more volatile. Third, agriculture-led growth is good for the poor, so if agricultural growth slows, an important means of reducing poverty will be lost. Fourth, Peru relies on food imports to make up production shortfalls, so if agricultural production fails to keep pace with population growth, national food security could be threatened. Fifth, climate-smart agricultural practices can play a major role in reducing greenhouse gas emissions and sequestering carbon, so if future agricultural practices are not climate smart, an important opportunity to help mitigate climate change will be missed. This report synthesizes current knowledge about the ongoing transformation of Peru’s agriculture and food system, assesses the recent performance of the agriculture sector with an emphasis on productivity and competitiveness, and highlights opportunities for enhancing the future contribution of the agriculture sector toward meeting the country’s development challenges. 2017-06-30T17:43:10Z 2017-06-30T17:43:10Z 2017-12 Report http://documents.worldbank.org/curated/en/107451498513689693/Gaining-momentum-in-Peruvian-agriculture-opportunities-to-increase-productivity-and-enhance-competitiveness http://hdl.handle.net/10986/27517 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Lima Economic & Sector Work :: Other Agriculture Study Economic & Sector Work Latin America & Caribbean Peru
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 AGRICULTURAL PRODUCTIVITY
COMPETITIVENESS
EXPORT COMPETITIVENESS
spellingShingle AGRICULTURAL PRODUCTIVITY
COMPETITIVENESS
EXPORT COMPETITIVENESS
World Bank
Gaining Momentum in Peruvian Agriculture : Opportunities to Increase Productivity and Enhance Competitiveness
geographic_facet Latin America & Caribbean
Peru
description What is the future for agriculture in Peru? Once the principal source of employment and income for much of the population, Peru’s agricultural sector has declined in importance as the national economy has grown and urbanized. Economic activity in the sector has continued to grow, but economic activity in other sectors has grown more rapidly, leaving agriculture to make up an ever smaller share of the overall economy. The future of Peruvian agriculture should concern policy makers, for at least five reasons. First, agriculture makes up an important part of the economy, so if agricultural growth decelerates, overall growth will suffer. Second, an expanding agricultural sector diversifies Peru’s economy and reduces dependence on extractives, so if the agricultural sector contracts relative to other sectors, economic growth could become more volatile. Third, agriculture-led growth is good for the poor, so if agricultural growth slows, an important means of reducing poverty will be lost. Fourth, Peru relies on food imports to make up production shortfalls, so if agricultural production fails to keep pace with population growth, national food security could be threatened. Fifth, climate-smart agricultural practices can play a major role in reducing greenhouse gas emissions and sequestering carbon, so if future agricultural practices are not climate smart, an important opportunity to help mitigate climate change will be missed. This report synthesizes current knowledge about the ongoing transformation of Peru’s agriculture and food system, assesses the recent performance of the agriculture sector with an emphasis on productivity and competitiveness, and highlights opportunities for enhancing the future contribution of the agriculture sector toward meeting the country’s development challenges.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Gaining Momentum in Peruvian Agriculture : Opportunities to Increase Productivity and Enhance Competitiveness
title_short Gaining Momentum in Peruvian Agriculture : Opportunities to Increase Productivity and Enhance Competitiveness
title_full Gaining Momentum in Peruvian Agriculture : Opportunities to Increase Productivity and Enhance Competitiveness
title_fullStr Gaining Momentum in Peruvian Agriculture : Opportunities to Increase Productivity and Enhance Competitiveness
title_full_unstemmed Gaining Momentum in Peruvian Agriculture : Opportunities to Increase Productivity and Enhance Competitiveness
title_sort gaining momentum in peruvian agriculture : opportunities to increase productivity and enhance competitiveness
publisher World Bank, Lima
publishDate 2017
url http://documents.worldbank.org/curated/en/107451498513689693/Gaining-momentum-in-Peruvian-agriculture-opportunities-to-increase-productivity-and-enhance-competitiveness
http://hdl.handle.net/10986/27517
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