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Why Agriculture Productivity Falls: The Political Economy Of Agrarian Transition In Developing Countries, Rashed Al Mahmud Titumir
Why Agriculture Productivity Falls: The Political Economy Of Agrarian Transition In Developing Countries, Rashed Al Mahmud Titumir
Purdue University Press Books
Why Agriculture Productivity Falls: The Political Economy of Agrarian Transition in Developing Countries offers a new explanation for the decline in agricultural productivity in developing countries. Transcending the conventional approaches to understanding productivity using agricultural inputs and factors of production, this work brings in the role of formal and informal institutions that govern transactions, property rights, and accumulation. This more robust methodology leads to a comprehensive, well-balanced lens to perceive agrarian transition in developing countries. It argues that the existing process of accumulation has resulted in nonsustainable agriculture because of market failures—the result of asymmetries of power, diseconomies of scale, …