Given that agriculture employs 12.7% of the population yet contributes just 3% to GDP, in what way can productivity be improved?
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Articles & Analysis | Fertile ground: While challenges remain, the sector may be set to enter a new period of dynamism from The Report: Mexico 2014
For the past decade the agriculture sector has grown marginally, as the rest of the economy continues to industrialise. The slow pace of expansion has been due to a number of structural inefficiencies which limit productivity growth, in particular the prevalence of small-scale farmers, limited financing options and widespread rural poverty. In...
Chapter | Agriculture from The Report: Mexico 2014
For the past decade the agriculture sector has grown marginally – at an annual average rate of 0.9% – as the rest of the economy continues to industrialise. Its contribution to national GDP was estimated at 3% in 2013, down from 3.4% the previous year. The prevalence of small-scale farmers, limited financing options and widespread rural poverty are some of the factors behind the slow pace of...
The second-largest economy in Latin America, Mexico seems poised to enter a new growth phase as the government of Enrique Peña Nieto implements radical changes in a number of sectors across the economy. The reforms, aimed at raising the competitiveness of the Mexican economy, have the potential to establish Mexico’s position as a regional powerhouse.
Economic update | Investment to support the Philippines’ drive for rice self-sufficiency
28 May 2014
Growing rice consumption in the Philippines has created a host of challenges and opportunities for stakeholders, as an ongoing lack of mechanisation and post-harvest inefficiencies have prevented the government from meeting its goal of achieving rice self-sufficiency. Although palay (unhusked rice) production has made steady gains in recent years, farmers continue to face high costs due to the lack of technological uptake. This has led to heavy importation, with the current administration recently awarding two high-value contracts to foreign firms for buffer stock supply. Mechanisation, most likely to be achieved through private sector investment, represents a promising means of increasing rice production in the future.
Articles & Analysis | Food for all: Increasing self-sufficiency as a means of achieving food security from The Report: Mongolia 2014
Over the past few decades a series of major economic, demographic and environmental developments have transformed Mongolia’s food security situation. Under communism, the country was more than 80% self-sufficient in terms of overall agricultural production. In the decade after the collapse of the Soviet Union in 1991, this number dropped precipitously as a result of...