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Titlebook: Agricultural Development and Economic Transformation; Promoting Growth wit John W. Mellor Book 2017 The Editor(s) (if applicable) and The A

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Physical Infrastructurenfrastructure must be constantly upgraded. Agricultural modernization also requires integrated markets. Marketing margins widen greatly, reducing the incentive to modernize as roads become worse or non-existent. Rural infrastructure is also critical to rural social well-being, including the universa
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Research and Extensionhnology. That technology must be locally based to ensure suitability to highly variable local conditions. Agriculture stands out relative to other sectors in the centrality of modern science to its progress. Research results must reach farmers and farmers’ requirements must feed back to research. As
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Finance for the Small Commercial Farmerers requires a specialized lending agency such as that in all high-income countries and the bulk of Asian countries. Competition in lending is desirable so a plethora of other lending institutions is desirable but the core is the specialized agency. This chapter starts with background information an
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Cities, Consumption, and Marketing Dynamics level, location, and composition of agriculture consumption. These in turn bring major opportunity for change in the size and composition of agricultural production and a large increase in the proportion of consumer expenditure on post-farm marketing. In the context of these major changes, small co
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The Role of Foreign Aidountries. Thus, technical assistance from those countries should be especially valuable. Poverty reduction is central as an objective of foreign aid and we have shown that that requires rapid development of agriculture. Thus, it is surprising that foreign aid has had a mixed record in increasing gro
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