Sustainable development recognizes that growth must be both inclusive and environmentally sound to reduce poverty and build shared prosperity for today’s population and to continue to meet the needs of future generations. It must be efficient with resources and carefully planned to deliver immediate and long-term benefits for people, planet, and prosperity.
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The paper examines the contribution of
agricultural growth to poverty reduction in Pakistan. Total
growth in agriculture in Pakistan has been impressive.
However, ... Show More +growth was held back by policy distortions, and the
benefits of this growth would have been more widely
distributed in a less distorted policy environment. In
particular, rural employment, which has proved a key conduit
from growth to poverty reduction in other countries, was
severely affected by policies favoring mechanization. The
policy distortions also adversely affected the income
earning opportunities of small holders. So, a structural
reform program in agriculture will not only enhance the
sector's efficiency and growth rate, but also increase
the contribution of agricultural growth to poverty reduction. Show Less -