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Rising Global Interest in Farmland : Can it Yield Sustainable and Equitable Benefits?

Author

Listed:
  • Klaus Deininger
  • Derek Byerlee
  • Jonathan Lindsay
  • Andrew Norton
  • Harris Selod
  • Mercedes Stickler
Abstract
Interest in farmland is rising. And, given commodity price volatility, growing human and environmental pressures, and worries about food security, this interest will increase, especially in the developing world. One of the highest development priorities in the world must be to improve smallholder agricultural productivity, especially in Africa. Smallholder productivity is essential for reducing poverty and hunger, and more and better investment in agricultural technology, infrastructure, and market access for poor farmers is urgently needed. When done right, larger-scale farming systems can also have a place as one of many tools to promote sustainable agricultural and rural development, and can directly support smallholder productivity, for example, throughout grower programs. However, recent press and other reports about actual or proposed large farmland acquisition by big investors have raised serious concerns about the danger of neglecting local rights and other problems. They have also raised questions about the extent to which such transactions can provide long-term benefits to local populations and contribute to poverty reduction and sustainable development. Although these reports are worrying, the lack of reliable information has made it difficult to understand what has been actually happening. Against this backdrop, the World Bank, under the leadership of Managing Director Ngozi Okonjo-Iweala, along with other development partners, has highlighted the need for good empirical evidence to inform decision makers, especially in developing countries.

Suggested Citation

  • Klaus Deininger & Derek Byerlee & Jonathan Lindsay & Andrew Norton & Harris Selod & Mercedes Stickler, 2011. "Rising Global Interest in Farmland : Can it Yield Sustainable and Equitable Benefits?," World Bank Publications - Books, The World Bank Group, number 2263.
    • Handle: RePEc:wbk:wbpubs:2263
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    File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/2263/594630PUB0ID1810Box358282B01PUBLIC1.pdf?sequence=1
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    References listed on IDEAS

    as
    1. World Bank, 2009. "Awakening Africa's Sleeping Giant : Prospects for Commercial Agriculture in the Guinea Savannah Zone and Beyond [Le réveil du géant assoupi : Perspectives de l’agriculture commerciale dans les sava," World Bank Publications - Books, The World Bank Group, number 2640.
    Full references (including those not matched with items on IDEAS)

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