1945

Foreword

Broadly it may be said that the key problems of food and agriculture in the less developed regions of the world are, first, underproduction, hunger and malnutrition, and secondly, the continuing decline of agricultural prices on world markets, which erodes the earning capacity of these regions for foreign exchange and their potentialities for economic growth. In contrast, the problems of the economically more developed countries are more often excess production in relation to commercial outlets, leading to the accumulation of surplus stocks and, closely related, the social discontents resulting from the disparities of income between farm people and those in other occupations though rural poverty, it goes without saying, is still more acute, if less articulate, in countries at a less advanced stage of economic development.

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