Of late, I was struck by a commentator that farm productivity is not that important. That farm net income is. This is difficult to reconcile as the two are related.
In my decades of observing ASEAN agriculture, I have found that productivity matters. Across ASEAN – Indonesia, Malaysia, Thailand and Vietnam – where farm productivity is high, rural poverty is low. I was an agriculture project economist in Malaysia and Thailand in my younger days doing small-scale rice irrigation, oil palm planting, rubber replanting and rural roadsApril 17 - Agricultural Economics 001 Rolly Dy