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This article reviews the analysis and prescriptions of the current ‘Washington Consensus on Agriculture’ (WCA). The WCA contains much that is to be applauded, but there are also gaps and inconsistencies within and between the analysis of current problems and the prescriptions to address them. It is suggested that the worrying decline in aid to agriculture is related to gaps in the WCA, which fail to point to important avenues of intervention. The gaps lie mainly in the field of ‘institutional development’ (as this term is defined here).
Kydd et al. (Sat,) studied this question.