Agriculture and economic crisis: Lessons from Brazil.
By: Goldin, Ian; Rezende, Gervasio Castro de.
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Argues that for developing countries facing macroeconomic adjustment and external shocks, agriculture's resilient to economic crisis can cushion the impact of recession and provide a stabilising element for policy makers. Drawing lessons from Brazil's experience, this study underlies the need for coherent macroeconomic and agricultural strategies, examines the links between these policies and agricultural development, and offers new insights on agricultural performance in the business cycle.
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