Publication:
Investment Contracts for Agriculture: Maximizing Gains and Minimizing Risks

dc.contributor.authorWorld Bank
dc.date.accessioned2015-06-30T18:54:32Z
dc.date.available2015-06-30T18:54:32Z
dc.date.issued2015-06
dc.description.abstractPrivate 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.identifierhttp://documents.worldbank.org/curated/en/2015/06/24680795/investment-contracts-agriculture-maximizing-gains-minimizing-risks
dc.identifier.doi10.1596/22085
dc.identifier.urihttps://hdl.handle.net/10986/22085
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.relation.ispartofseriesAgriculture Global Practice discussion paper,no. 3;
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectCOPYRIGHT CLEARANCE
dc.subjectVIRTUOUS CYCLE
dc.subjectEQUIPMENT
dc.subjectDISCLOSURE OF INFORMATION
dc.subjectCOUNTRY MARKET
dc.subjectFOREIGN INVESTORS
dc.subjectVALUATION
dc.subjectPUBLIC DISCLOSURE
dc.subjectINCOME
dc.subjectINTEREST
dc.subjectCORPORATE PERFORMANCE
dc.subjectINVESTMENT POLICIES
dc.subjectOPTION
dc.subjectGOVERNMENT REGULATION
dc.subjectCONTINGENCY PLANS
dc.subjectDEVELOPING COUNTRIES
dc.subjectREVENUES
dc.subjectENVIRONMENTAL ISSUES
dc.subjectCOPYRIGHT CLEARANCE CENTER
dc.subjectPRICE
dc.subjectJOINT VENTURES
dc.subjectTREATIES
dc.subjectSUSTAINABLE DEVELOPMENT
dc.subjectDISCLOSURE
dc.subjectBANKRUPTCY
dc.subjectINVESTMENT PROCESS
dc.subjectFREE TRADE
dc.subjectAGRICULTURAL INVESTMENTS
dc.subjectDEVELOPING COUNTRY
dc.subjectINSTRUMENTS
dc.subjectBUDGET
dc.subjectLEGAL FRAMEWORKS
dc.subjectINTERNATIONAL FINANCE
dc.subjectARBITRATION
dc.subjectLACK OF TRANSPARENCY
dc.subjectEXTENSIVE
dc.subjectCONTRACT ENFORCEMENT
dc.subjectHOST COUNTRIES
dc.subjectCONTRACTS
dc.subjectLOCAL BUSINESS
dc.subjectOPTIONS
dc.subjectMARKETS
dc.subjectPRIVATE INVESTMENT
dc.subjectENVIRONMENTAL IMPACT
dc.subjectLOCAL GOVERNMENT
dc.subjectRETURN
dc.subjectSETTLEMENT
dc.subjectPOLLUTION
dc.subjectBUSINESS PRACTICES
dc.subjectINVESTMENT CONTRACT
dc.subjectNATURAL RESOURCES
dc.subjectLEGAL TOOL
dc.subjectENVIRONMENTAL CONCERN
dc.subjectGAINS
dc.subjectDUE DILIGENCE
dc.subjectINVESTMENT RISKS
dc.subjectLEGAL FRAMEWORK
dc.subjectFINANCE
dc.subjectINVESTMENT CONTRACTS
dc.subjectTAXES
dc.subjectACCESS TO INFORMATION
dc.subjectINTERNATIONAL STANDARDS
dc.subjectINVESTORS
dc.subjectVALUATIONS
dc.subjectGOOD
dc.subjectINVESTOR INTEREST
dc.subjectTRANSPARENCY
dc.subjectENVIRONMENTAL MANAGEMENT
dc.subjectHOME COUNTRY
dc.subjectMARKET CONDITIONS
dc.subjectTURNOVER
dc.subjectFUTURE
dc.subjectBUSINESS DEVELOPMENT
dc.subjectVALUE
dc.subjectENVIRONMENTAL IMPACTS
dc.subjectBUDGETS
dc.subjectPURCHASING POWER
dc.subjectFOREIGN INVESTMENT
dc.subjectRURAL INFRASTRUCTURE
dc.subjectCONTRACT
dc.subjectINCOMES
dc.subjectPROPERTY
dc.subjectRESPONSIBLE INVESTMENT
dc.subjectJOB CREATION
dc.subjectMARKET
dc.subjectCOMMERCIAL INVESTMENTS
dc.subjectINVESTMENT POLICY
dc.subjectNEW MARKETS
dc.subjectEXCESSIVE RISK
dc.subjectLEASE AGREEMENT
dc.subjectBUSINESS INVESTMENTS
dc.subjectGOVERNANCE
dc.subjectEXPOSURE
dc.subjectENFORCEMENT
dc.subjectLABOR STANDARDS
dc.subjectMODEL CONTRACT
dc.subjectECONOMIC DEVELOPMENT
dc.subjectHUMAN RIGHTS
dc.subjectTRADE
dc.subjectINTERESTS
dc.subjectCOMPANY MANAGEMENT
dc.subjectGOODS
dc.subjectINVESTOR
dc.subjectLANDOWNERS
dc.subjectSECURITY
dc.subjectHOST GOVERNMENT
dc.subjectTECHNOLOGY TRANSFER
dc.subjectINVESTMENT
dc.subjectHOST COUNTRY
dc.subjectHOST GOVERNMENTS
dc.subjectPOVERTY
dc.subjectFINANCE CORPORATION
dc.subjectTREATY
dc.subjectPRIVATE INVESTORS
dc.subjectREVENUE
dc.subjectINVESTMENTS
dc.subjectINTERNATIONAL LAW
dc.subjectCHILD LABOR
dc.subjectCOMMUNICATION
dc.subjectLAND HOLDER
dc.subjectHOST ECONOMIES
dc.subjectWORLD INVESTMENT REPORT
dc.subjectSOCIAL ISSUES
dc.subjectBUSINESS PLANNING
dc.subjectPRICES
dc.subjectDOMESTIC INVESTOR
dc.subjectGUARANTEE
dc.subjectDEVELOPMENT BANK
dc.subjectFAIR PRICE
dc.subjectLAND POLICY
dc.subjectINVESTING
dc.titleInvestment Contracts for Agricultureen
dc.title.subtitleMaximizing Gains and Minimizing Risksen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.date.disclosure2015-06-22
okr.date.doiregistration2025-05-07T12:44:37.089458Z
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Other Agricultural Study
okr.docurlhttp://documents.worldbank.org/curated/en/2015/06/24680795/investment-contracts-agriculture-maximizing-gains-minimizing-risks
okr.guid548951468189550460
okr.guid143361467997246051
okr.guid470291468001474875
okr.identifier.externaldocumentum090224b082f74aff_1_0
okr.identifier.internaldocumentum24680795
okr.identifier.report94895
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2015/06/22/090224b082f74aff/1_0/Rendered/PDF/Investment0con0and0minimizing0risks.pdfen
okr.sectorIndustry and trade :: Agricultural marketing and trade
okr.sectorIndustry and trade :: Agro-industry
okr.topicMacroeconomics and Economic Growth::Investment and Investment Climate
okr.topicSocial Protections and Labor::Labor Policies
okr.topicAgriculture::Agricultural Sector Economics
okr.topicRural Development::Rural Land Policies for Poverty Reduction
okr.topicEconomic management
okr.topicSocial dev/gender/inclusion::Gender
okr.topicRural development
okr.topicEnvironment and natural resources management::Land administration and management
okr.unitAgriculture - GP (GFADR)
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