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Economic growth in more developed countries has resulted in farms increasing their scale of production and becoming more specialized in their production. The sizes of farms have tended to increase, agricultural production has become more capital-intensive, and the percentage of the workforce...
Persistent link: https://www.econbiz.de/10008530416
China began its economic reforms in 1979 and Vietnam 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...
Persistent link: https://www.econbiz.de/10008530422
Secondary data are used to discuss and compare the consequences for agriculture of economic growth and transition in Vietnam and China. It is found that China and Vietnam have experienced similar adjustments in their agricultural sectors and face at this time, similar agricultural policy...
Persistent link: https://www.econbiz.de/10008678019
In some countries, local agricultural products (particularly livestock products) are shielded from international competition by ‘natural’ factors influencing the purchase of products. These factors include strong local tastes (or preferences) that favour the local product and the absence (or...
Persistent link: https://www.econbiz.de/10008530421