This report analyses Philippine agricultural policy and offers a series of recommendations to improve the sector's performance, including its agricultural institutions and governance systems, and its ability to adapt to climate change. Agriculture provides 30% of total employment in the Philippines and represents 11% of its Gross Domestic Product. Despite the country’s recent overall economic success, improving agricultural performance has been difficult. In terms of agricultural productivity growth, the Philippines lags behind other Southeast Asian countries as a result of decades of underinvestment, policy distortions, and uncertainties linked to the implementation of agrarian reform and periodic extreme weather conditions. Agricultural land resources are also under pressure from frequent natural disasters, rising population and urbanisation, and the lack of secure property rights.
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The Millennium Declaration set 2015 as the target date for halving the number of people living in extreme poverty. This paper examines the role of the agricultural sector and looks at 25 developing countries who have posted extraordinary success in reducing extreme poverty.