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Analysis of agricultural policies in Trinidad and Tobago

Por: Shik, Olga.
Colaborador(es): Antoinete, Rachel | [De Salvo, Carmine] | Egas, Juan Jose | GCF CARICOM AgReady Reference.
Tipo de material: TextoTextoEditor: Inter-American Development Bank 2018Descripción: 104 pages.Tema(s): SUSTAINABLE DEVELOPMENT | FARM PRODUCE | AGRICULTURE AND STATE | AGRICULTURE PRICIES | FARM | MARKETS | AGRICULTURE | FOOD POLICIES | AGRICULTURAL POLICIES | TRINIDAD AND TOBAGORecursos en línea: eng Resumen: Although the agricultural sector contributes only 0.5% to Trinidad and Tobago’s GDP, it accounts for over 4% of employment and is important for the diversification of the economy. The Government of Trinidad and Tobago supports agriculture through a combination of incentives to agricultural producers, support for research and infrastructure, and border protection measures. Support to producers averaged 22.4% of gross farm receipts in 2013-2015, and a significant share of that support (44%) was provided in the form of transfers to general services. At the same time, total transfers arising from agricultural policy amounted to only 0.34% of the national GDP. Reorienting agricultural policy towards goals and actions that are less production-distorting, and that address agricultural productivity and profitability, will help create a possibly small, but efficient agricultural sector, as well as exploit certain specific competitive advantages.
Tipo de ítem Ubicación actual Colección Signatura Estado Fecha de vencimiento Código de barras
Referencia digital Referencia digital Biblioteca Conmemorativa Orton
Colección general 3383466 (Navegar estantería) Disponible BCO23079341

Although the agricultural sector contributes only 0.5% to Trinidad and Tobago’s GDP, it accounts for over 4% of employment and is important for the diversification of the economy. The Government of Trinidad and Tobago supports agriculture through a combination of incentives to agricultural producers, support for research and infrastructure, and border protection measures. Support to producers averaged 22.4% of gross farm receipts in 2013-2015, and a significant share of that support (44%) was provided in the form of transfers to general services. At the same time, total transfers arising from agricultural policy amounted to only 0.34% of the national GDP. Reorienting agricultural policy towards goals and actions that are less production-distorting, and that address agricultural productivity and profitability, will help create a possibly small, but efficient agricultural sector, as well as exploit certain specific competitive advantages.

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