Distortions to Agricultural Incentives in Light of Trade Policy : A Study on Pakistan
Agriculture forms the backbone of Pakistan’s economy. Despite the fact that the share of agriculture in the GDP has declined over the years, the sector continues to play an important role in the socio-economic structure of the country. About 60 per...
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Language: | English |
Published: |
World Bank, Washington, DC
2019
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Online Access: | http://documents.worldbank.org/curated/en/927871551278901381/Distortions-to-Agricultural-Incentives-in-Light-of-Trade-Policy-A-Study-on-Pakistan http://hdl.handle.net/10986/31349 |
Summary: | Agriculture forms the backbone of
Pakistan’s economy. Despite the fact that the share of
agriculture in the GDP has declined over the years, the
sector continues to play an important role in the
socio-economic structure of the country. About 60 percent of
the population lives in rural areas of Pakistan, the
majority of which is dependent on agricultural activities
for their livelihood. Yield growth for most crops and
livestock products in Pakistan has stagnated and become more
variable in recent years. Furthermore, sizable gaps persist
between achievable and realized productivity in most crops,
and diversification and a move to higher value-added
agricultural commodities has been limited, predominantly in
the crops sector. |
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