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A comparative examine which describes and analyses the contribution of agriculture to the economies of East Asia. before, little realization has been paid to the rural area which truly underpins commercial and advertisement improvement. lately, this zone has turn into the focal point of more and more sour financial disputes, in particular over defense and using import price lists.
A comparative framework is used, using case stories from Japan, Taiwan and South Korea to focus on either the typical features of agriculture's function in East Asian improvement, and contours specific to the political economic system of agriculture in each one nation.
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Additional resources for Agriculture and Economic Development in East Asia: From Growth to Protectionism in Japan, Korea and Taiwan
The existence of the surplus would enable agriculture to fulfil what was seen as its dual role in the development process, on the one hand, as the source of the savings which made possible capital accumulation in the industrial sector and, on the other, as the supplier of the ‘wage goods’ required by the growing industrial labour force. In this conceptualisation of the intersectoral relations which underlie the development process, industrialisation is made possible by the transfer of the surplus agriculture can generate, via the mechanisms of the financial markets, which shift agricultural savings voluntarily into industrial investment, or the ‘forced savings’ produced by agricultural taxation and movements in the agri-culture/industry terms of trade.
Yet, as later chapters will show in detail, there has been only a limited tendency towards increased scale of cultivation in industrialising East Asia and households cultivating what are, by all international standards, extremely small holdings have remained the basic units of agricultural production. Mechanisation and some degree of farm diversification have taken place within the confines of this structure, but the chief method by which farm households have sought to maintain income levels comparable to those in industry has been the strategy of part-time farming.
Mechanisation and some degree of farm diversification have taken place within the confines of this structure, but the chief method by which farm households have sought to maintain income levels comparable to those in industry has been the strategy of part-time farming. Thus, in Japan and Taiwan especially, though increasingly in Korea too, the large majority of farm households earn a substantial part of their total income through paid employment off the farm and full-time farm businesses continue to constitute only a small proportion of all cultivating households.