Abstract
A Filipino farmer keeps his own record of his experience with the new high‐yielding rice varieties and their accompanying technology over a period of eight years. Since in some seasons he accepts the government's technology and credit package, and in other seasons he manages the farm independently, the record enables comparison of management strategies and results. It suggests how erratic and expensive the new technology is, and indicates that both costs and risks increase under the state's finance and supervision. The liabilities and implications of agricultural research and assistance ‘packages’ are discussed.
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