Files
Abstract
The purpose of the paper is to explain the process by which modernisation of the
agricultural sector by introducing new production technology into the sector serves as
driving force of general economic development, with the social rate of return on these
investments being very high, while the benefits of the development will be widespread
in the economy, and generally in favour of the poor. Furthermore policies are
discussed with the aim of increasing productivity and per capita income of rural
people in Southern Africa.