Development of Malaysia’s agricultural sector: agriculture as an engine of growth

Development of Malaysia’s agricultural sector: agriculture as an engine of growth. In: ISEAS ‘Conference on the Malaysian Economy: Development and Challenges, 25-26 January 2007, ISEAS Singapore. (2007)



Abstract

Development economists in general, and agricultural economists in particular, have long focused on how agriculture can best contribute to overall economic growth and modernization, premised on their in-grained believe that robust agricultural growth and productivity increases are crucial to sustained economic development, at least up till the mid 1980s. Since then, and despite this widely acknowledged role of agriculture in economic development, many policy makers, policy analysts and academics in developing countries, international agencies and donor communities appear to have lost interest in the sector, often relegating its role ‘from engine of growth to sunset status’ (Siamwalla, 1996) and Harron et al (2001) or arguing for its continuing relevance and importance because of its ‘multifunctionality role’ (Abd Rahman, 1992). However, after almost two decades of relative neglect, interest in agriculture is returning in a big and passionate way, as manifested in Malaysia where it is heralded as the next (third) engine of growth and promoted as ‘New Agriculture’ in Malaysia’s latest 5-year development plan – the Ninth Malaysia Plan.

Item Type: Conference or Workshop Item (Paper)
Keywords: Agriculture, Agri-food, Biotechnology
Taxonomy: By Subject > Plantation & Agrotechnology > Plantation and Agribusiness Management
By Subject > Plantation & Agrotechnology > Agriculture Technology
Local Content Hub: Subjects > Plantation & Agrotechnology
Depositing User: Mohd Ismail Zanudin
Date Deposited: 11 Oct 2020 12:48
Last Modified: 04 Mar 2021 21:16
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