Over the past decade, developing and formerly centrally planned economies have embarked on fundamental economic reforms. The reforms at the macroeconomic level - notably in fiscal, monetary and trade policies - have come under the analytic microscope. However, these macroeconomic reforms are a necessary but not sufficient condition for growth: reforms in the productive sectors of the economy - agriculture, industry and services - are required to generate growth and employment. This book, through focusing on the links between macroeconomic and agricultural reforms, examines in a comparative perspective these hitherto neglected but vital links, providing both theoretical and policy perspectives on the scope and sequencing of economic reform.
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