Economic Importance of Agriculture for Poverty Reduction

The Millennium Declaration set 2015 as the target date for halving the number of people living in extreme poverty. Exceptional progress in some developing countries makes achieving that goal globally a realistic possibility. However, many countries will fall far short, and up to 1 billion people are likely to remain destitute by the target date. Why are some countries doing better than others? This paper seeks to answer this question by looking for shared characteristics of twenty-five developing countries posting extraordinary success in reducing extreme poverty over the past twenty to twenty-five years. These countries were compared using indicators of their macro-economic characteristics and, especially, their agricultural economic characteristics.

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Dalila Cervantes-Godoy and Joe Dewbre
OECD Food Agriculture and Fisheries Working Papers
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