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Rice public expenditure policies in Asia. David Dawe Agricultural Development Economics Division and Regional Office for Asia and the Pacific, FAO Bangkok, Thailand, 28 November 2013. Ag spending has increased in recent years. Agricultural spending as % of agricultural GDP.
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Rice public expenditure policies in Asia David Dawe Agricultural Development Economics Division and Regional Office for Asia and the Pacific, FAO Bangkok, Thailand, 28 November 2013
Ag spending has increased in recent years Agricultural spending as % of agricultural GDP Source: IFPRI SPEED database
Ag spending has increased in recent years Agricultural spending as % of agricultural GDP Source: IFPRI SPEED database
Sources of public agricultural spending • National government accounts for about 80 percent of ag expenditures in Indonesia and the Philippines, 67 percent in Cambodia • Donor spending is less important than national government spending • Both national government and donor spending have been increasing in recent years
But the quality of public spending is what matters most Impacts of public expenditures on growth in India Source: Fan et al (2008)
Advantages and disadvantages Expenditures on public goods • Increased growth and poverty reduction if money is spent on agricultural R&D, education and rural roads • Higher short-term political benefits if money is spent on private goods/subsidies