Economic growth and transition in Viet Nam and China and its consequences for their agricultural sectors: Policy and agricultural issues

Tisdell, Clement A. (2009) Economic growth and transition in Viet Nam and China and its consequences for their agricultural sectors: Policy and agricultural issues. Regional Development Studies, 13 122-136.

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Author Tisdell, Clement A.
Title Economic growth and transition in Viet Nam and China and its consequences for their agricultural sectors: Policy and agricultural issues
Journal name Regional Development Studies
ISSN 1020-3060
Publication date 2009
Year available 2011
Sub-type Article (original research)
Volume 13
Start page 122
End page 136
Total pages 15
Place of publication Nagoya, Japan
Publisher United Nations Centre for Regional Development
Collection year 2012
Language eng
Formatted abstract
Secondary data is used to discuss and compare the consequences of agriculture on economic growth and transition in Viet Nam and the People's Republic of China (hereinafter, China). These countries have experienced similar adjustments in their agricultural sectors and face similar agricultural policy problems. China began its economic reforms in 1979, and Viet Nam followed in 1986. Since then both countries have experienced rapid economic growth, falling poverty rates, and significant rises in per capita income. At the same time, substantial restructuring of their economies has occurred, a feature of which has been a decline in the relative contribution of agriculture to total employment and output. In both countries, the livestock sector has grown in relative importance. Households are the main contributors to agricultural production, but their individual holdings of land are small by Western standards. Households keeping livestock mostly have only a few head. Given the exit of farmers from agriculture, pressures are mounting for increasing the size of agricultural units. This exit can add to economic efficiency and growth. Policies to facilitate movements from farm to non-farm employment are discussed and analysed. Property rights and the marketability of agricultural land can facilitate such movements and contribute to economic efficiency. Recently, China and Viet Nam have extended property rights in agricultural land and have increased its marketability. These measures are outlined. With further economic development and transition, it is predicted that these rights and the marketability of agricultural land will be further extended. If previous practice is followed, those policy changes are likely to be gradual.
Q-Index Code C1
Q-Index Status Confirmed Code
Institutional Status UQ

Document type: Journal Article
Sub-type: Article (original research)
Collections: Official 2012 Collection
School of Economics Publications
 
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Created: Tue, 17 May 2011, 12:17:30 EST by Emeritus Professor Clement Tisdell on behalf of School of Economics