Agriculture and economic reforms: growth and welfare.

Abstract

targeted the agricultural sector directly, and hence may be expected of it under the new policy regime. One might say not much because even the purveyors of such a view would recognise that trade liberalisation, when it does materialise in full, could affect agricultural prices even if it might immediately affect production. However, while I find myself in agreement with the view that a great deal may be expected to emerge in the agricultural sector post reforms, I am aware that it would be wrong to ignore that the managers of the reforms had based their actions upon a model of how these would affect, nay encourage, agricultural production. Evidence of such a conviction is to be