Transforming Poor Economies

Keijiro Otsuka, Distinguished Honorary Professor, Kobe University, Research Fellow Emeritus, Institute of Developing Economies JETRO and Visiting Fellow, Asian Development Bank Institute, Japan

‘Transforming Poor Economies expertly proposes effective strategies for the development of agriculture and industry within lower income countries in Africa and Asia using insightful case studies to illustrate key findings. Keijiro Otsuka focuses on how to achieve the first and second Sustainable Development Goals (SDGs), using detailed analysis of how agriculture and industry have developed to eradicate poverty and hunger. Otsuka demonstrates that ultimately success is driven by technological and managerial innovation based on learning from abroad, and investment in human capital so that major decision-makers such as farmers and enterprise managers can facilitate innovation. Otsuka further argues that the use of welfare programs to support the livelihoods of these countries are unlikely to have transformative impacts and that agricultural and industrial development results in proven poverty reduction. Scholars of economics and development will find the book’s case studies both invaluable and informative. Practitioners and policymakers in development assistance and planning, particularly in Africa and Asia, will also find this an excellent resource for future planning.’

• ContentsForeword Stein T. HoldenPreface 1 Development economics for poverty reduction PART I CHARACTERISTICS OF THE AGRICULTUREAND MANUFACTURING INDUSTRIES2 Farm size, productivity, and agricultural development 3 Development paths of industrial clusters PART II INTERNATIONAL TECHNOLOGY TRANSFERFOR AGRICULTURAL DEVELOPMENT4 History of the rice green revolution 5 Possibility of a Green Revolution in Sub-Saharan Africa 6 Contract farming and high-value agriculture PART III INTERNATIONAL TECHNOLOGY TRANSFERFOR INDUSTRIAL DEVELOPMENT7 Rapid development of industrial clusters in Asia 8 Buoyant development of industrial clusters in Africa 9 Foreign direct investment and industrial development PART IV CONCLUSION10 Innovations for development 11 Toward an economics of development strategies ReferencesIndex