McKinsey & Company: Agriculture

The lives of millions of poor people can be improved by supporting agriculture in developing countries. Majority of the world’s poor population includes farmers, and those people who do not spend much on food. One of the ways of helping poor farmers is transformation of agriculture to create jobs, increase incomes, decrease mal-nutrition. Successful agricultural transformations are focused on the farming household and therefore provide opportunities for farmers to make a better income. Therefore, the transformation of agriculture should be prioritized support the rural economic growth.