Publication: Foreign Investment in Agricultural Production : Opportunities and Challenges
Date
2009-01
ISSN
Published
2009-01
Author(s)
Abstract
The recent surge in food and fuel prices
has prompted countries with high dependence on food imports
to try and lock in future food supplies through direct
investment in agricultural production in other countries.
The price surges also led to a wave of proposals to invest
in biofuels investments in agricultural land. While such
investment can provide large benefits, it also carries
considerable risks both to investors and citizens in the
locality of the investment. To ensure that investments
provide broad benefits and effectively contribute to larger
development outcomes, enforceable property rights and
contractual agreements in many developing countries need to
be strengthened. This note considers how development
partners can help countries create the pre-conditions for
investment and proposes a governance framework to establish
minimum standards for it.
Citation
“Songwe, Vera; Deininger, Klaus. 2009. Foreign Investment in Agricultural Production : Opportunities and Challenges. Agricultural and Rural Development Notes; No. 45. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/3d84c829-62bf-56e0-9789-3349f0776790 License: CC BY 3.0 IGO.”