Impact of Global Economic Crisis on Agriculture
Book Details
Format
Paperback / Softback
ISBN-10
1617611808
ISBN-13
9781617611803
Publisher
Nova Science Publishers Inc
Imprint
Nova Science Publishers Inc
Country of Manufacture
US
Country of Publication
GB
Publication Date
May 16th, 2011
Print length
83 Pages
Weight
144 grams
Dimensions
15.70 x 22.90 x 0.60 cms
Product Classification:
Economic & financial crises & disastersAgriculture & related industries
Ksh 9,550.00
Not available
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Quality
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This book explores the world economic crisis that began in 2008, and which has had major consequences for U.S. agriculture. The weakening of global demand because of emerging recessions and declining economic growth results in reduced export demand and lower agricultural commodity prices, compared with those in 2008. These, in turn, reduce U.S. farm income and place downward pressure on farm real estate values. So far, the overall impact on U.S. agriculture is not as severe as on the broader U.S. economy because the record-high agricultural exports, prices, and farm income in 2007 and 2008 put U.S. farmers on solid financial ground.
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