Financialization and nested vulnerabilities: the rise of fictitious capital in placing agrarian change

Author(s):  
Agnes Andersson Djurfeldt ◽  
Göran Djurfeldt ◽  
Ola Hall ◽  
Maria Archila Bustos

This chapter examines agrarian changes triggered by the structural transformation of the overall economy, focusing on their drivers and distributional outcomes. By means of multi-level modelling of three processes—intensification of grain yields, diversification of cropping, and non-farm diversification (pluriactivity)—it concludes that intensification has moderately accelerated and is getting more important than its twin process. Similarly, crop diversification has accelerated, while non-farm diversification seems to be more pull- than push-driven. The most important drivers of the two first-mentioned processes are commercial ones: increasing local and domestic demand for grains and for other crops and institutional changes promoting market participation of smallholders. The chapter concludes that these processes are not pro-poor, but neither are they pro-rich; middling smallholder households tend to be more involved. The gender profile of agricultural diversification seems to involve and benefit male-managed farms, whereas non-farm diversification is gender neutral.


Author(s):  
Louçã Francisco ◽  
Ash Michael

The concluding chapter surveys the prospects for more democratic governance of national economies and more equitable outcomes in the global economy. The backdrop for the chapter is the marriage of shadow finance with the conservative governments that have achieved electoral success on the basis of popular dissatisfaction with the response of neoliberal governments to the global economic crisis. The conservative movement and its governments are incoherent and unwilling to address, even in terms of modest reform, the power of finance and its responsibility for inequality and crisis. Effective reform could emerge from the union of professional expertise, whose commitment to technocratic aspects of the neoliberal project may have weakened, with democratic social movements.


Human Ecology ◽  
2021 ◽  
Author(s):  
Adam Pain ◽  
Kristina Marquardt ◽  
Dil Khatri

AbstractWe provide an analytical contrast of the dynamics of secondary forest regeneration in Nepal and Peru framed by a set of common themes: land access, boundaries, territories, and rights, seemingly more secure in Nepal than Peru; processes of agrarian change and their consequences for forest-agriculture interactions and the role of secondary forest in the landscape, more marked in Peru, where San Martín is experiencing apparent agricultural intensification, than in Nepal; and finally processes of social differentiation that have consequences for different social groups, livelihood construction and their engagement with trees, common to both countries. These themes address the broader issue of the necessary conditions for secondary forest regeneration and the extent to which the rights and livelihood benefits of those actively managing it are secured.


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