The Regulation of Agriculture in Developing East Asia

Developing countries across East Asia have made impressive progress in economic development. Despite the effect of the 1997-1998 financial crisis, poverty rates in the region have been consistently declining. Agriculture played a key role by drivin...

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Main Authors: Divanbeigi, Raian, Kayumova, Marina
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/101931500536384332/The-regulation-of-agriculture-in-developing-East-Asia
http://hdl.handle.net/10986/28403
id okr-10986-28403
recordtype oai_dc
spelling okr-10986-284032021-05-25T09:03:14Z The Regulation of Agriculture in Developing East Asia Divanbeigi, Raian Kayumova, Marina AGRICULTURE PRODUCTION FINANCE GROWTH POLICY REGULATION ACCESS TO FINANCE INFRASTRUCTURE Developing countries across East Asia have made impressive progress in economic development. Despite the effect of the 1997-1998 financial crisis, poverty rates in the region have been consistently declining. Agriculture played a key role by driving growth in the early stages of industrialization. It also contributed to reducing rural poverty by including smallholders into modern food markets and creating jobs in agriculture and agroindustry. As incomes rise and countries urbanize, the composition of domestic food expenditure is shifting from basic and unprocessed staple foods to meat, horticulture and processed foods. In order to take full advantage of these emerging trade opportunities policy makers across East Asian countries must support agribusinesses with effective regulations. Benchmarking regulatory frameworks in East Asian economies through the EBA indicators suggests few general trends. First, these countries tend to perform better on efficiency than on legal components. Second, most countries over perform the global average on fertilizer regulations but fail to do so when regulating seed systems. Third, access to markets and finance regulations are two areas where regulation in the region is particularly weak. 2017-09-25T21:23:38Z 2017-09-25T21:23:38Z 2017 Working Paper http://documents.worldbank.org/curated/en/101931500536384332/The-regulation-of-agriculture-in-developing-East-Asia http://hdl.handle.net/10986/28403 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 East Asia and Pacific East 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 AGRICULTURE
PRODUCTION
FINANCE
GROWTH
POLICY
REGULATION
ACCESS TO FINANCE
INFRASTRUCTURE
spellingShingle AGRICULTURE
PRODUCTION
FINANCE
GROWTH
POLICY
REGULATION
ACCESS TO FINANCE
INFRASTRUCTURE
Divanbeigi, Raian
Kayumova, Marina
The Regulation of Agriculture in Developing East Asia
geographic_facet East Asia and Pacific
East Asia
description Developing countries across East Asia have made impressive progress in economic development. Despite the effect of the 1997-1998 financial crisis, poverty rates in the region have been consistently declining. Agriculture played a key role by driving growth in the early stages of industrialization. It also contributed to reducing rural poverty by including smallholders into modern food markets and creating jobs in agriculture and agroindustry. As incomes rise and countries urbanize, the composition of domestic food expenditure is shifting from basic and unprocessed staple foods to meat, horticulture and processed foods. In order to take full advantage of these emerging trade opportunities policy makers across East Asian countries must support agribusinesses with effective regulations. Benchmarking regulatory frameworks in East Asian economies through the EBA indicators suggests few general trends. First, these countries tend to perform better on efficiency than on legal components. Second, most countries over perform the global average on fertilizer regulations but fail to do so when regulating seed systems. Third, access to markets and finance regulations are two areas where regulation in the region is particularly weak.
format Working Paper
author Divanbeigi, Raian
Kayumova, Marina
author_facet Divanbeigi, Raian
Kayumova, Marina
author_sort Divanbeigi, Raian
title The Regulation of Agriculture in Developing East Asia
title_short The Regulation of Agriculture in Developing East Asia
title_full The Regulation of Agriculture in Developing East Asia
title_fullStr The Regulation of Agriculture in Developing East Asia
title_full_unstemmed The Regulation of Agriculture in Developing East Asia
title_sort regulation of agriculture in developing east asia
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/101931500536384332/The-regulation-of-agriculture-in-developing-East-Asia
http://hdl.handle.net/10986/28403
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