Tuesday, May 14, 2019
Illustrating your answer with specific examples, evaluate the impact Essay
Illustrating your answer with specific examples, evaluate the impact of structural adjustment programmes on agribusiness in southern Africa - Essay ExampleThey encourage balanced budgets by increasing taxes and reducing governing spending on essential services exchangeable education, health and elimination of subsidies. They also encourage production of goods for export as opposed to consumption and also imports. The market is controlled by demand and supply and non the government even where intervention is required in order to stabilize prices.These structural policies were supposed to obtain the economies of developing countries but less or no achievements have been made. They have discouraged private investors or made them to be monopolies hence straining the poor. The standard of living of member states has deteriorated due to high prices as a result of currency devaluation and lack of price controls. It has also contributed to poverty, unemployment due to reduced investment s, and environmental abasement due to overemphasis on bills crop production among others (Holden, 1997). Environmental degradation is a hindrance to agrarian development. Agriculture has further been hindered by removal of subsidies on inputs such as fertilizer and entrance of subsidise imports from European markets as well as lack of credit for agriculture expansion. This paper is a literary criticism of the impact of structural adjustment programmes on agriculture in Southern Africa.Agriculture is the backbone of close to economies in Africa. umpteen countries engage in food crop production for subsistence, livestock farming and cash crop farming as a foreign exchange earner. Bryceson (1995) observes that agriculture is mostly considered as the perform for women and children as men engage in formal careers or sometimes cash crop production. Many factors affect agricultural activities leading to poor yields, hunger and malnutrition. These include climate change, cost of farm inputs like fertilizer, market accessibility, land tenure, land degradation and health of workers among others. The southern African
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