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Guest editorial of the special section on new structural economics and its applications in agricultural development

Guest editorial of the special section on new structural economics and its applications in... CAER Guest editorial 11,3 Guest editorial of the special section on new structural economics and its applications in agricultural development China is a large agrarian economy. Despite the rapid progress in industrialization and urbanization in the past 40 years, there are still a wide arrange of important and urgent issues and problems that must be addressed and solved in the agriculture sector and in the rural area of China. In fact, 85 percent of the world population lives in developing countries, where the agriculture sector remains to be large and agricultural development, food availability, industrialization and urbanization remain to be top challenges. How China manages to industrialize and upgrade its agricultural sector could be useful for all developing countries. New Structural Economics (NSE) is proposed by Professor Justin Yifu Lin, Dean of the Institute of New Structural Economics at Peking University. NSE adopts neoclassical economic approach to analyze the determinants, dynamics, and implications of economic structures in economic development. NSE highlights not only structural differences for countries at different development stages but also structural changes within the same sector over time. Moreover, NSE advocates that both efficient markets and facilitating states are necessary for successful industrial upgrading and economic http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png China Agricultural Economic Review Emerald Publishing

Guest editorial of the special section on new structural economics and its applications in agricultural development

China Agricultural Economic Review , Volume 11 (3): 2 – Sep 2, 2019

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
1756-137X
DOI
10.1108/CAER-08-2018-0172
Publisher site
See Article on Publisher Site

Abstract

CAER Guest editorial 11,3 Guest editorial of the special section on new structural economics and its applications in agricultural development China is a large agrarian economy. Despite the rapid progress in industrialization and urbanization in the past 40 years, there are still a wide arrange of important and urgent issues and problems that must be addressed and solved in the agriculture sector and in the rural area of China. In fact, 85 percent of the world population lives in developing countries, where the agriculture sector remains to be large and agricultural development, food availability, industrialization and urbanization remain to be top challenges. How China manages to industrialize and upgrade its agricultural sector could be useful for all developing countries. New Structural Economics (NSE) is proposed by Professor Justin Yifu Lin, Dean of the Institute of New Structural Economics at Peking University. NSE adopts neoclassical economic approach to analyze the determinants, dynamics, and implications of economic structures in economic development. NSE highlights not only structural differences for countries at different development stages but also structural changes within the same sector over time. Moreover, NSE advocates that both efficient markets and facilitating states are necessary for successful industrial upgrading and economic

Journal

China Agricultural Economic ReviewEmerald Publishing

Published: Sep 2, 2019

References