Description: Nicaragua : Promoting Competitiveness and Stimulating Broad-based Growth in Agriculture

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Nicaragua : Promoting Competitiveness and Stimulating Broad-based Growth in Agriculture

The report argues that Nicaragua's best hope for sustained growth, and poverty reduction, probably lies with agricultural exports, which have the potential to gain from opportunities in world markets. Despite the small share of farmland devote...

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Bibliographic Details
Main Author:	World Bank
Language:	English en_US
Published:	Washington, DC 2013
Subjects:	AGRICULTURAL EXTENSION AGRICULTURAL OUTPUT AGRICULTURAL PRACTICES AGRICULTURAL PRODUCTS AGRICULTURAL RESEARCH AGRICULTURAL SECTOR AGRICULTURAL TECHNOLOGY AGRICULTURAL TRAINING AGRICULTURAL USES AGRICULTURE CIVIL SOCIETY COMMODITIES COMPETITIVENESS CONTRACTUAL ARRANGEMENTS CROPS CURRENCY UNIT DEVELOPMENT AGENCIES DEVELOPMENT CO-OPERATION DEVELOPMENT PROGRAMS DEVELOPMENT STRATEGY DOMESTIC DEMAND DONOR COMMUNITY DONOR RESOURCES ECOLOGICAL CONDITIONS ECONOMIC ACTIVITIES ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC POLICIES ECONOMIC SECTOR WORK ECONOMIC SHOCKS ELASTICITIES EMPLOYMENT ETHNIC MINORITIES EXPENDITURES EXPORT GROWTH EXPORTS EXTREME POVERTY FARMERS FARMS FINANCIAL MARKETS FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL SUPPORT FOOD SECURITY FORESTRY FREE TRADE FUNDS FOR RESEARCH GDP GNP GROSS DOMESTIC PRODUCT GROSS NATIONAL PRODUCT GROWTH POTENTIAL HORTICULTURAL CROPS HUMAN CAPITAL IMPORTS INCOME INSURANCE INTEGRATION LABOR MARKET LABOR MARKETS LABOR PRODUCTIVITY LABOR SUPPLY LAND PRODUCTIVITY LAND USE LIVESTOCK LIVING STANDARD LIVING STANDARDS LIVING STANDARDS MEASUREMENT LOCAL AUTHORITIES LOCAL CONDITIONS MANAGEMENT CAPACITY MARKET ECONOMY MARKETING MINIMUM WAGE NATIONAL LEVEL NON-FARM EMPLOYMENT POLICY DEVELOPMENT POLICY DIALOGUE POLICY INSTRUMENTS POLICY MAKERS POLICY MEASURES POLITICAL IMPLICATIONS POVERTY ASSESSMENT POVERTY LEVELS POVERTY LINE POVERTY REDUCTION POVERTY REDUCTION STRATEGY PRICE CONTROLS PRIVATE INSURANCE PRIVATE SECTOR PRIVATE SECTORS PRODUCERS PRODUCTION PATTERNS PRODUCTION PROCESSES PRODUCTIVITY PROPERTY RIGHTS PUBLIC FUNDS PUBLIC GOODS PUBLIC SECTOR REDUCING POVERTY REGULATORY FRAMEWORK RESEARCH AGENDA RISK MANAGEMENT RURAL AREAS RURAL DEVELOPMENT RURAL EMPLOYMENT RURAL HOUSEHOLDS RURAL INHABITANTS RURAL POOR SAFETY NET SAFETY NETS SAVINGS SECTOR POLICY SERVICE PROVIDERS SHORT TERM SOCIAL PROTECTION SOCIAL PROTECTION PROGRAMS SUSTAINABLE DEVELOPMENT SUSTAINABLE DEVELOPMENT UNIT SUSTAINABLE FORESTRY SUSTAINABLE GROWTH TAXATION TECHNICAL ASSISTANCE TECHNOLOGICAL CHANGE TECHNOLOGY TRANSFERS TERMS OF TRADE TOT TRADE LIBERALIZATION TRANSACTION COSTS TTL VULNERABLE GROUPS WAGES WORLD TRADE ORGANIZATION WTO AGRICULTURAL DEVELOPMENT PRODUCTIVITY GROWTH EXPORT DEVELOPMENT EXPORT CAPACITY EXPORT COMPETITIVENESS EXPORT CREDIT FINANCING EXPORT CREDIT INSURANCE NON-TRADITIONAL EXPORTS AGRIBUSINESS EXPORT PROMOTION PUBLIC SPENDING PUBLIC-PRIVATE PARTNERSHIPS FACTOR MARKETS RURAL FINANCE AGRICULTURAL TECHNICAL COOPERATION HUMAN CAPITAL FORMATION NATURAL DISASTERS
Online Access:	http://documents.worldbank.org/curated/en/2002/10/2081041/nicaragua-promoting-competitiveness-stimulating-broad-based-growth-agriculture http://hdl.handle.net/10986/15324

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Summary:	The report argues that Nicaragua's best hope for sustained growth, and poverty reduction, probably lies with agricultural exports, which have the potential to gain from opportunities in world markets. Despite the small share of farmland devoted to the production of exports (25 percent of harvested area), the total trade of agricultural goods (including the value of both imports, and exports) accounted for almost eighty five percent of agricultural GDP in 1998. This is high relative to several countries in the area. But most likely, the most promising is the export performance of non-traditional agricultural products. The report accords greatest emphasis to improving competitiveness, and recommends giving this goal highest priority. To this end, four areas for action to improve competitiveness have bee identified: modernizing agribusiness; promoting agricultural exports; improving the effectiveness of public spending; and, strengthening public-private partnerships. These measures will also have to be complemented by sustained, ongoing efforts to improve factor market efficiency, suggesting improvements to facilitate rural finance; boost access to technology, improve land productivity, and, raise labor market's human capital. In addition, the significant risks faced by the country's agricultural sector - natural disasters and economic shocks - call for improved agricultural risk management, through innovative insurance products, and credit services, as well as improved warning systems to forecast weather related disasters.