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Migration, Transfers and Economic Decision Making among Agricultural Households (Paperback)
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Migration, Transfers and Economic Decision Making among Agricultural Households (Paperback)
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The increasing volume of remittances and public transfers in rural
areas of the developing world has raised hopes that these cash
inflows may serve as an effective mechanism for reducing poverty in
the long term by facilitating investments and raising productivity,
particularly in agriculture where market failures are most
manifest. This book systematically tests the empirical relationship
between cash transfers and productive spending in agriculture
amongst rural households in six different countries of the
developing world. Together, the studies point to little impact of
migration and public and private transfers on agricultural
productivity, instead facilitating a transition away from
agriculture or to a less labour intensive type of agriculture. From
a policy perspective the studies raise the question of how to
maintain rural economies, as migration and social assistance are
unlikely to provide a sustainable way to overcome rural poverty in
the long run for those that remain in rural areas. For the
foreseeable future, agriculture will play an important role in
alleviating poverty and sustaining growth in rural areas. Yet,
public and private transfers are not providing much of the impetus
needed to raise the sector's productivity. Whether the transfers
are invested in agriculture will ultimately depend on the
attractiveness of the sector, which is largely determined by the
policies of governments and donors. This book was published as a
special issue of the Journal of Development Studies.
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