Agricultural Productivity Growth and Development
Introduction
In the development of the country, it is important that there is also an improvement in the aspects of the country such as the industrial and agricultural aspects. According to the history of Economic Thoughts, the Physiocrats or the group of French Thinkers explained the various factors in the development of the country through the contribution of its three classes. It composed with the productive class (agricultural laborers), sterile class (Industrial laborers) and proprietor class (landlords or owners). Through them, there is a continuous income which can be seen flowing from sector to sector and thus, class to class. The economy of the state should be balanced which means that the development or improvement should be equal among these classes. However, due to the rapid change in the society as part of the gained knowledge in the industrial revolution and the invention of new technologies, changes and the associated development cannot be set aside. For such this is a good opportunity for the country to improve and compete with other participating countries. In terms of the improvement, it is noticeable that the area of agriculture is left behind. In this paper, we will discuss the apt strategies of agricultural productivity as well as the impact of its growth in the total growth and development of the economy.
Agricultural Sector
In the national economy of the economy, it is ideal that agricultural sector contributes in the national gross product and can gain employment opportunities. The continuous production of food will support the food supply domestically and internationally. This increases the market share of the agricultural products in the economy and expected to contribute in uplifting the current situation in the society. The agriculture can help fighting the problem in poverty by reducing it in the most desirable way but it is only applicable in the provinces and urban areas. The other important contribution in the agricultural growth of the country is the enhancement on the crops and sustains the agricultural product. Through the various agricultural inputs like the technological change, and technical efficiency, the growth and development of the agricultural is possible. Aside from that, searching for the potential land and other resources can also increase the developmental phase of the sector (Kiani, Iqbal, & Javed, 2008).
Based on the experience of the other countries like India and Pakistan, their continuous focus on the agricultural sector is a great factor that leads to their development. Through the examination of their overall economic development and processes, the countries, particularly India, experienced the growth based on the recorded fluctuations. Because of the influence the country gained from the agricultural sector (Fujita, 2009). Actually, India is known to be one of the largest agricultural-based economies but remained stagnant until the early years of 1990. Because of their awareness in the growing importation in the country, its bothersome exchange rate policy, need for the substitution of other products, and limited entrepreneurial decision making, the agricultural sector is revived (Mahadevan, 2003).
Impede in Agricultural Sector and Recommendations
The growth in the agricultural sector or the growth in harvest depends on seasons. The India suffered from the low economic growth however; the growth in agriculture depends on the monsoon situation. The weather clearly affects the production of the agricultural sector may it slows or accelerates the growth in the sector. Despite the slow in the agricultural output, Indian economy is supported by the other sectors like the non-agricultural sectors and affects the economy’s sustainability (Fujita, 2009). The other hindrance that might limit the capacity of the sector to grow is the infrastructures and structures that might stress the flow of goods and the line of the world prices. Therefore, an economic policy that is appropriate in the country should be addressed. In addition, the reforms in the exchange rates, trade and foreign investment policies, and internal reforms in areas such as industrial policy, price and distribution controls, and fiscal restructuring in the financial and public sectors should be emphasized (Mahadevan, 2003). With the help of the World Trade Organization, the country will have the advantages in the agricultural sector and face the challenges in the globalization while having the development in the economic growth.
Conclusion
The total economic growth should be balance as according to the Physiocrats. Therefore, the economic growth of the country should be supported by the productivity growth. Sustaining the output of agricultural sectors is the most desirable contribution that the country and government can establish for the long-run growth of the national economy.
References:
Fujita, K., (2009) Green Revolution in India and Its Significance in Economic Development: Implications for Sub-Saharan Africa [Online] Available at: http://www0.gsb.columbia.edu/ipd/pub/fujita_india.pdf [Accessed 17 August 2010].
Kiani, A.K., Iqbal, M., & Javed, T., (2008) Total Factor Productivity and Agricultural Research Relationship: Evidence from Crops Sub-Sector of Pakistan’s Punjab, European Journal of Scientific Research, 23(1) [Online] Available at: http://www.eurojournals.com/ejsr_23_1_08.pdf [Accessed 17 August 2010]
Mahadevan, R., (2003) Productivity Growth in Indian Agriculture: The Role of Globalization and Economic Reform, Asia-Pacific Development Journal, 10 (2) [Online] Available at: http://www.unescap.org/pdd/publications/apdj_10_2/mahadevan.pdf [Accessed 17 August 2010]
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