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A comparative learn which describes and analyses the contribution of agriculture to the economies of East Asia. in the past, little awareness has been paid to the rural zone which truly underpins business and advertisement improvement. lately, this zone has develop into the point of interest of more and more sour financial disputes, specifically over safety and using import price lists.
A comparative framework is used, utilising case experiences from Japan, Taiwan and South Korea to focus on either the typical features of agriculture's function in East Asian improvement, and lines specific to the political financial system of agriculture in each one kingdom.
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Extra info for Agriculture and Economic Development in East Asia: From Growth to Protectionism in Japan, Korea and Taiwan
9 The East Asian countries, as they have joined the ranks of industrial nations, have proved no exception to this pattern. As industrialisation has proceeded, the share of agriculture in GDP and in total employment has rapidly declined and, as subsequent chapters will show, has now fallen to levels comparable to those of the industrial nations of Europe and America. At the same time, as resources have moved out of agriculture, rates of overall national self-sufficiency in agricultural products have also begun to fall andJapan in particular now ranks amongst the world’s largest food importing countries.
Meanwhile, increasingly well-off urban consumers are less and less concerned about the cost of the food which is taking up a smaller and smaller proportion of their budgets, whilst more and more are prepared to accept, or not to notice, high food prices in return for non-economic forms of satisfaction. Politicians may therefore be left with a relatively free hand to respond to the demands of farmers’ representatives. The consequence of this has been the emergence in almost all now-developed countries of an array of measures designed to maintain an agricultural sector larger than that which market forces and comparative advantage would produce.
It will look both at agriculture’s contribution to the first stages of industrialisation and at its long-term adjustment within an increasingly industrially-dominated economy, and will seek to pinpoint the factors which need to be considered in analysing agriculture’s part in East Asian development. First of all, however, it will be useful to outline the characteristics of East Asia’s particular mode of industrialisation as the context within which the region’s farmers made their contribution and formed their response.