Department of Global Research, Xinjiang University, Urumqi, China
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New Urbanization Types Under Economic Growth Objectives
Author(s): Kichiel Yereycken*
Using the general equilibrium framework and the theory of finite change, the paper investigates the emergence and consequences of contract
farming as a new subsector of agriculture in a small open developing economy. In this paper, we look at how a foreign contract farming subsector
that makes money from crops enters a country's agricultural sector. For entry, the cash crop must be significantly more expensive than the
food crop that is currently being grown in the country which raises overall economic welfare may result in a more skewed distribution of income
decreases domestic food production, resulting in an increase in food imports and food insecurity. As a result, may imply a compromise between
growth and inequality... Read More»
DOI:
10.37421/2375-4389.2023.11.397
Journal of Global Economics received 1931 citations as per Google Scholar report