Distortions to Agricultural Incentives in Light of Trade Policy
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World Bank, Washington, DC
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Agriculture forms the backbone of
Pakistan’s economy. Despite the fact that the share of
agriculture in the GDP has declined over the years, the
sector continues to play an important role in the
socio-economic structure of the country. About 60 percent of
the population lives in rural areas of Pakistan, the
majority of which is dependent on agricultural activities
for their livelihood. Yield growth for most crops and
livestock products in Pakistan has stagnated and become more
variable in recent years. Furthermore, sizable gaps persist
between achievable and realized productivity in most crops,
and diversification and a move to higher value-added
agricultural commodities has been limited, predominantly in
the crops sector.
Palabras clave
AGRICULTURE, AGRICULTURAL PRODUCTIVITY, TRADE LIBERALIZATION, TRADE POLICY, DISTORTIONS, COMMODITIES, SUPPORT PRICE, TAX EXEMPTIONS, CUSTOMS DUTY, TARIFF STRUCTURE, FOREIGN DIRECT INVESTMENT, REGULATORY ORDER, NON-TARIFF BARRIERS, COTTON, WHEAT, SUGAR, RICE, POULTRY, FERTILIZER