Publication: Investment Contracts for Agriculture: Maximizing Gains and Minimizing Risks
dc.contributor.author | World Bank | |
dc.date.accessioned | 2015-06-30T18:54:32Z | |
dc.date.available | 2015-06-30T18:54:32Z | |
dc.date.issued | 2015-06 | |
dc.description.abstract | Private investment in agriculture in developing countries, both domestic and foreign, has been on the rise for nearly two decades. This paper focuses on large-scale agricultural projects in developing countries, involving the lease of farmland, which rose sharply after the food crisis of 2008. It is important that such investments are sustainable not only in the long term, but also beneficial in the short term with minimal risks or negative effects. This paper looks at one approach to achieving this namely, carefully devised contracts with investors, and in doing so offers a number of concrete solutions. This paper marries two substantial bodies of research to show how investment contracts can be set up to promote sustainable development. The paper presents the top five positive outcomes and the five downsides from private sector investments in large scale agricultural projects. This is derived from empirical evidence gathered by the United Nations Conference on Trade and Development (UNCTAD) and the World Bank after visiting large-scale agricultural projects (UNCTAD and World Bank 2014). The paper then proposes legal options to maximizing the main positive outcomes and minimizing the main downsides through better drafting of contracts between investors and governments for the lease of farmland. This derived from work conducted by the International Institute for Sustainable Development (IISD), which studied almost 80 contracts and produced a guide to negotiating contracts for farmland and water, including a model contract. | en |
dc.identifier | http://documents.worldbank.org/curated/en/2015/06/24680795/investment-contracts-agriculture-maximizing-gains-minimizing-risks | |
dc.identifier.doi | 10.1596/22085 | |
dc.identifier.uri | https://hdl.handle.net/10986/22085 | |
dc.language | English | |
dc.language.iso | en_US | |
dc.publisher | Washington, DC | |
dc.relation.ispartofseries | Agriculture Global Practice discussion paper,no. 3; | |
dc.rights | CC BY 3.0 IGO | |
dc.rights.holder | World Bank | |
dc.rights.uri | http://creativecommons.org/licenses/by/3.0/igo/ | |
dc.subject | COPYRIGHT CLEARANCE | |
dc.subject | VIRTUOUS CYCLE | |
dc.subject | EQUIPMENT | |
dc.subject | DISCLOSURE OF INFORMATION | |
dc.subject | COUNTRY MARKET | |
dc.subject | FOREIGN INVESTORS | |
dc.subject | VALUATION | |
dc.subject | PUBLIC DISCLOSURE | |
dc.subject | INCOME | |
dc.subject | INTEREST | |
dc.subject | CORPORATE PERFORMANCE | |
dc.subject | INVESTMENT POLICIES | |
dc.subject | OPTION | |
dc.subject | GOVERNMENT REGULATION | |
dc.subject | CONTINGENCY PLANS | |
dc.subject | DEVELOPING COUNTRIES | |
dc.subject | REVENUES | |
dc.subject | ENVIRONMENTAL ISSUES | |
dc.subject | COPYRIGHT CLEARANCE CENTER | |
dc.subject | PRICE | |
dc.subject | JOINT VENTURES | |
dc.subject | TREATIES | |
dc.subject | SUSTAINABLE DEVELOPMENT | |
dc.subject | DISCLOSURE | |
dc.subject | BANKRUPTCY | |
dc.subject | INVESTMENT PROCESS | |
dc.subject | FREE TRADE | |
dc.subject | AGRICULTURAL INVESTMENTS | |
dc.subject | DEVELOPING COUNTRY | |
dc.subject | INSTRUMENTS | |
dc.subject | BUDGET | |
dc.subject | LEGAL FRAMEWORKS | |
dc.subject | INTERNATIONAL FINANCE | |
dc.subject | ARBITRATION | |
dc.subject | LACK OF TRANSPARENCY | |
dc.subject | EXTENSIVE | |
dc.subject | CONTRACT ENFORCEMENT | |
dc.subject | HOST COUNTRIES | |
dc.subject | CONTRACTS | |
dc.subject | LOCAL BUSINESS | |
dc.subject | OPTIONS | |
dc.subject | MARKETS | |
dc.subject | PRIVATE INVESTMENT | |
dc.subject | ENVIRONMENTAL IMPACT | |
dc.subject | LOCAL GOVERNMENT | |
dc.subject | RETURN | |
dc.subject | SETTLEMENT | |
dc.subject | POLLUTION | |
dc.subject | BUSINESS PRACTICES | |
dc.subject | INVESTMENT CONTRACT | |
dc.subject | NATURAL RESOURCES | |
dc.subject | LEGAL TOOL | |
dc.subject | ENVIRONMENTAL CONCERN | |
dc.subject | GAINS | |
dc.subject | DUE DILIGENCE | |
dc.subject | INVESTMENT RISKS | |
dc.subject | LEGAL FRAMEWORK | |
dc.subject | FINANCE | |
dc.subject | INVESTMENT CONTRACTS | |
dc.subject | TAXES | |
dc.subject | ACCESS TO INFORMATION | |
dc.subject | INTERNATIONAL STANDARDS | |
dc.subject | INVESTORS | |
dc.subject | VALUATIONS | |
dc.subject | GOOD | |
dc.subject | INVESTOR INTEREST | |
dc.subject | TRANSPARENCY | |
dc.subject | ENVIRONMENTAL MANAGEMENT | |
dc.subject | HOME COUNTRY | |
dc.subject | MARKET CONDITIONS | |
dc.subject | TURNOVER | |
dc.subject | FUTURE | |
dc.subject | BUSINESS DEVELOPMENT | |
dc.subject | VALUE | |
dc.subject | ENVIRONMENTAL IMPACTS | |
dc.subject | BUDGETS | |
dc.subject | PURCHASING POWER | |
dc.subject | FOREIGN INVESTMENT | |
dc.subject | RURAL INFRASTRUCTURE | |
dc.subject | CONTRACT | |
dc.subject | INCOMES | |
dc.subject | PROPERTY | |
dc.subject | RESPONSIBLE INVESTMENT | |
dc.subject | JOB CREATION | |
dc.subject | MARKET | |
dc.subject | COMMERCIAL INVESTMENTS | |
dc.subject | INVESTMENT POLICY | |
dc.subject | NEW MARKETS | |
dc.subject | EXCESSIVE RISK | |
dc.subject | LEASE AGREEMENT | |
dc.subject | BUSINESS INVESTMENTS | |
dc.subject | GOVERNANCE | |
dc.subject | EXPOSURE | |
dc.subject | ENFORCEMENT | |
dc.subject | LABOR STANDARDS | |
dc.subject | MODEL CONTRACT | |
dc.subject | ECONOMIC DEVELOPMENT | |
dc.subject | HUMAN RIGHTS | |
dc.subject | TRADE | |
dc.subject | INTERESTS | |
dc.subject | COMPANY MANAGEMENT | |
dc.subject | GOODS | |
dc.subject | INVESTOR | |
dc.subject | LANDOWNERS | |
dc.subject | SECURITY | |
dc.subject | HOST GOVERNMENT | |
dc.subject | TECHNOLOGY TRANSFER | |
dc.subject | INVESTMENT | |
dc.subject | HOST COUNTRY | |
dc.subject | HOST GOVERNMENTS | |
dc.subject | POVERTY | |
dc.subject | FINANCE CORPORATION | |
dc.subject | TREATY | |
dc.subject | PRIVATE INVESTORS | |
dc.subject | REVENUE | |
dc.subject | INVESTMENTS | |
dc.subject | INTERNATIONAL LAW | |
dc.subject | CHILD LABOR | |
dc.subject | COMMUNICATION | |
dc.subject | LAND HOLDER | |
dc.subject | HOST ECONOMIES | |
dc.subject | WORLD INVESTMENT REPORT | |
dc.subject | SOCIAL ISSUES | |
dc.subject | BUSINESS PLANNING | |
dc.subject | PRICES | |
dc.subject | DOMESTIC INVESTOR | |
dc.subject | GUARANTEE | |
dc.subject | DEVELOPMENT BANK | |
dc.subject | FAIR PRICE | |
dc.subject | LAND POLICY | |
dc.subject | INVESTING | |
dc.title | Investment Contracts for Agriculture | en |
dc.title.subtitle | Maximizing Gains and Minimizing Risks | en |
dc.type | Working Paper | en |
dc.type | Document de travail | fr |
dc.type | Documento de trabajo | es |
dspace.entity.type | Publication | |
okr.date.disclosure | 2015-06-22 | |
okr.date.doiregistration | 2025-05-07T12:44:37.089458Z | |
okr.doctype | Economic & Sector Work | |
okr.doctype | Economic & Sector Work::Other Agricultural Study | |
okr.docurl | http://documents.worldbank.org/curated/en/2015/06/24680795/investment-contracts-agriculture-maximizing-gains-minimizing-risks | |
okr.guid | 548951468189550460 | |
okr.guid | 143361467997246051 | |
okr.guid | 470291468001474875 | |
okr.identifier.externaldocumentum | 090224b082f74aff_1_0 | |
okr.identifier.internaldocumentum | 24680795 | |
okr.identifier.report | 94895 | |
okr.language.supported | en | |
okr.pdfurl | http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2015/06/22/090224b082f74aff/1_0/Rendered/PDF/Investment0con0and0minimizing0risks.pdf | en |
okr.sector | Industry and trade :: Agricultural marketing and trade | |
okr.sector | Industry and trade :: Agro-industry | |
okr.topic | Macroeconomics and Economic Growth::Investment and Investment Climate | |
okr.topic | Social Protections and Labor::Labor Policies | |
okr.topic | Agriculture::Agricultural Sector Economics | |
okr.topic | Rural Development::Rural Land Policies for Poverty Reduction | |
okr.topic | Economic management | |
okr.topic | Social dev/gender/inclusion::Gender | |
okr.topic | Rural development | |
okr.topic | Environment and natural resources management::Land administration and management | |
okr.unit | Agriculture - GP (GFADR) |
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