
- Korea - Agricultural sector survey (Vol. 3 of 4) : Annexes 5 through 8 (English)
- World Bank (WB)
Title |
Korea - Agricultural sector survey (Vol. 3 of 4) : Annexes 5 through 8 (English)
Similar Titles
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Material Type | Reports |
Publisher |
World Bank (WB) |
Date | 1973 |
Language | English |
File Type | Link |
Subject | Economy < Trade |
License | ![]() |
Abstract
The Republic of Korea has made extraordinary progress in modernizing its economy in the last decade, but agricultural production has failed to keep pace with rising market requirements and rural incomes. Government has therefore turned its attention toward accelerating growth of the agricultural sector. The following objectives are cited: (i) increased input prices and other programs to improve incomes and welfare of rural people, (ii) foodgrain self-sufficiency, (iii) crop diversification and more intensive utilization of labor resources, (iv) land and water resources development, (v) farm mechanization, (vi) more intermediate and long-term credit at reasonable terms, (vii) improved marketing facilities, and (viii) better coordination among the agencies concerned with agricultural and rural development.