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This publication provides insight into the nature and operations of agricultural investment funds and draws lessons for development agencies, governments and investors. It was developed from “Agricultural investment funds for developing countries” (2009), a research study undertaken as a joint collaboration of ConCap Connective Capital (ConCap) and the Food and Agriculture Organization of the United Nations (FAO) in order to better understand the growth and potential of agriculture and agribusiness investment funds. It included a stocktaking analysis of agricultural investment funds as well as case studies of distinct funds and fund management structures. This publication is enhanced with a complementary analysis of agricultural funds in the broader context [...]

After sketching the mutual links between economic growth, agriculture, technology, poverty reduction and external factors, this paper analyses the implications of recent international price shocks on welfare and growth, notably energy and agricultural products, for Burkina Faso, a less industrialised, low-income, food-deficit, net oil-importing country. The socio-economic impacts of the above-mentioned external shocks are analysed by means of a Computable General Equilibrium model (CGE). The paper also discusses the extent to which technological changes in agriculture, specifically the introduction of “Good Agricultural Practices” (GAP) towards “conservation agriculture”, could mitigate the welfare and growth losses derived by international price shocks.  Additionally, it is shown [...]

Microcredit and micro-insurance, considered within the larger microfinance current, are two risk management tools currently being developed by governments and international development agencies to reduce vulnerability associated with poverty in rural areas. Discussions about credit protection increasingly invoke the need to create linkages with insurance services that are tailored to the risks rural people in developing countries face. Once a country’s financial and banking sectors have been developed, the pairing of these two instruments could do one of two things. It may present a veritable opportunity to emerge from the vicious cycle of poverty, or it may introduce an additional [...]

This issue paper aims at introducing selected analytical approaches for quantitative analysis of the socio-economic impacts of policies. In the first part of the document, after considering a set of basic questions that a quantitative policy impact analysis has usually to address in order to be useful for informing decision-making processes; some definitions and insights on policy-relevant elements such as policy objectives, policy instruments and impact models are provided. The document then briefly describes the use of counterfactual analysis for socio-economic policy impact analysis. The second part of the work focuses on the review of selected quantitative analytical approaches frequently applied [...]

How did the Asia-Pacific region rescue over 700 million people from extreme poverty between 1980 and 2005? What policy lessons can we learn and implement to improve conditions for the nearly 1 billion people in the region who continue to live in poverty? Examining Asia’s recent agricultural reform and trade liberalization experiences, in the context of current global crises, presents an occasion to reflect on past achievements and consider future opportunities. This publication synthesizes the proceedings and presents technical papers from a policy forum convened by FAO and China's Ministry of Agriculture. The first part summarizes key points from presentations, panel [...]

The purpose of this document is to provide greater insight into the possible implications of soybean expansion for food security, rural development and agricultural policies in these countries for the period 2005-2014. Based on country studies carried out for the investigation, this document summarizes the causes of soybean expansion in the last ten years and presents the main changes that have accompanied the process. It also quantifies in approximate terms, the growth of soybean and its products (meal and oil) between 2005 and 2014, explores the main implications of this expansion and offers a number of analytical conclusions.

China’s economy has experienced remarkable growth since economic reform initiated in 1979. The rapid economic growth has been associated with unprecedented progress in poverty alleviation. Based on China’s official poverty line, the absolute level of poverty incidence fell from 33 percent in 1978 to less than 3 percent in 2004. Even based on World Bank’s US$1/day (in PPP terms) poverty line, rural poverty incidence also fell from more than 30 percent in the early 1990s to about 8 percent in 2004. While past accomplishments are impressive, there are still great challenges ahead. Income disparity rose with economic growth. There is also [...]

There are four main reasons for which agriculture in sub-Saharan Africa (SSA) deserves more public support.  First is a moral imperative: SSA governments cannot and should not ignore a sector on which about 70 percent of their population directly depend for their livelihoods, if they are serious about their commitment to MDG1. Second, in spite of their generally poor performance, SSA countries do not have any realistic strategic option that they can rely upon for achieving sustainable economic development, other than agriculture. Third, there is evidence that appropriate policies and direct public sector investment have combined to trigger agriculture sector-led [...]

This analytical tool illustrates how some simple poverty measures may be linked with dominance conditions between particular types of curves. This strongly resembles the dominance conditions already set out in the case of Lorenz curves1. In particular, dominance conditions will be derived for the headcount ratio and for the Foster-Greer-Thorbecke (FGT) measures showing that, under certain conditions, the poverty line specification is not necessary. This module also introduces the concept of the Three I’s of Poverty (TIP) curve. As a way to analyse poverty, this module is based on a different approach to poverty measurement. Nor does it recourse to [...]

This paper examines the main characteristics of agricultural inputs and marketing services, including factors affecting demand and supply for major categories of services, namely fertilizers and chemicals, seeds and planting materials, agricultural machinery and equipment, and crop marketing. The main sources of market failure are outlined. The conceptual framework which underpin the main approaches to decentralization of these services and key factors that need to be considered are next discussed. The importance of the regulatory role and adoption of a regulatory strategy are highlighted. Policy implications, in terms of possible options for decentralization (divestment, deconcentration, devolution and establishing partnerships), and [...]