(DP 2015-11) Current Structure and Future Challenges of the Agricultural Sector

Majah-Leah V. Ravago, Arsenio M. Balisacan

Abstract


This chapter provides an overview of the patterns, composition, policies and institutional environment that have influenced the performance of the agriculture sector in recent years. The focus is on the changing dynamics of supply and demand for agriculture as a whole and for key commodity groups and livestock in the context of a growing economy, urbanization, and regional market integration. It concludes with a discussion of the policy and institutional challenges to making agriculture a key pillar in the country’s pursuit of inclusive growth, poverty reduction, and sustainable development.

JEL Classification: Q10, Q17, Q18


Keywords


Philippine agriculture; structural transformation; poverty

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