Impacts of agricultural investments on growth and poverty: A review of literature

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Author :
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 39 pages
Book Rating : 4./5 ( download)

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Book Synopsis Impacts of agricultural investments on growth and poverty: A review of literature by : Martin, Will

Download or read book Impacts of agricultural investments on growth and poverty: A review of literature written by Martin, Will and published by Intl Food Policy Res Inst. This book was released on 2021-11-24 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agricultural development is crucial in developing countries, and particularly in the poorest countries where it accounts for large shares of employment and income and whose poverty is due simply to having a large share of the workforce in low-productivity agriculture. Raising productivity in agriculture is critically important for development, as is smoothly moving workers out of agriculture into more productive employment in other sectors. Raising agricultural productivity helps both to raise incomes and to reduce poverty-both by raising the incomes of poor people working in agriculture and by lowering the prices of foods that make up a disproportionately large share of the expenditures of poor people. In small and open economies, the in-crease in profitability of agriculture following improvements in productivity might tend to retain or even attract workers into agriculture. By contrast, at a global level, or at national level when policy focusses on self-sufficiency, improvements in agricultural productivity will free up labor for employment in other sectors. Incomes are generally much higher in non-agricultural work in developing countries-more than double those in agriculture after careful adjustment for key differences. This raises the possibility of a double dividend from structural transformation as workers move into higher-productivity activities. A key question for development policy is whether it is enough to simply evaluate the gains from higher productivity within agriculture, or whether potential benefits from structural change be included as well. This paper examines the arguments on this question. It concludes that these dividends may be substantial-but whether they are or not depends on the source of the initial differences in productivity and on the direction of movement when agricultural productivity rises. If it results from policy barriers such as restrictions on the transfer of farmland or requirements for residence permits in urban areas, there are likely to be substantial welfare gains when labor moves out of agriculture. They may also be substantial if urban wages are artificially high and attract substantial numbers of job-waiters into unemployment. However, these gains may be illusory if the income gaps arise primarily from differences in skills or from reluctance to move created by asset fixity.

Agricultural Growth for the Poor

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Author :
Publisher : World Bank Publications
ISBN 13 : 082136068X
Total Pages : 228 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Agricultural Growth for the Poor by :

Download or read book Agricultural Growth for the Poor written by and published by World Bank Publications. This book was released on 2005-01-01 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: "New forces are at work in the agricultural sector: the growth of markets and private entrepreneurship, the changing global demand for food and other agricultural products, the rise of multinationals, and the expansion of integrated food chains. To realize the potential benefits, the public sector has a crucial role to play through policy initiatives to support agriculture, reduce poverty, and ensure broad rural development alignment with these forces." "Building on the foundation of the Agriculture Investment Sourcebook (World Book 2005), Agricultural Growth for the Poor: An Agenda for Development explores ways in which the public sector can work with the private sector to facilitate growth and ensure equitable benefit distribution. It describes the key policy and institutional issues involved in promoting private sector investment in agriculture and accelerating growth to benefit the poor. It identifies priorities for public investment in specific agricultural settings at different stages of economic growth and offers practical approaches for enhancing the impact of such investment. Finally, it summarizes lessons learned about successful support of agricultural development and discusses areas in which additional progress is required." "Policymakers and international development organizations will find Agricultural Growth for the Poor an invaluable resource for analyzing the prospects for agriculture in the changing global environment and developing an agenda for pro-poor development."--BOOK JACKET.

World Development Report 2008

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Publisher : World Bank Publications
ISBN 13 : 9780821368091
Total Pages : 384 pages
Book Rating : 4.3/5 (68 download)

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Book Synopsis World Development Report 2008 by : World Bank

Download or read book World Development Report 2008 written by World Bank and published by World Bank Publications. This book was released on 2007-10-15 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world's demand for food is expected to double within the next 50 years, while the natural resources that sustain agriculture will become increasingly scarce, degraded, and vulnerable to the effects of climate change. In many poor countries, agriculture accounts for at least 40 percent of GDP and 80 percent of employment. At the same time, about 70 percent of the world's poor live in rural areas and most depend on agriculture for their livelihoods. 'World Development Report 2008' seeks to assess where, when, and how agriculture can be an effective instrument for economic development, especially development that favors the poor. It examines several broad questions: How has agriculture changed in developing countries in the past 20 years? What are the important new challenges and opportunities for agriculture? Which new sources of agricultural growth can be captured cost effectively in particular in poor countries with large agricultural sectors as in Africa? How can agricultural growth be made more effective for poverty reduction? How can governments facilitate the transition of large populations out of agriculture, without simply transferring the burden of rural poverty to urban areas? How can the natural resource endowment for agriculture be protected? How can agriculture's negative environmental effects be contained? This year's report marks the 30th year the World Bank has been publishing the 'World Development Report'.

Impacts of IFPRI’s “Priorities for Pro-poor Public Investment” Global Research Program

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Author :
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4./5 ( download)

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Book Synopsis Impacts of IFPRI’s “Priorities for Pro-poor Public Investment” Global Research Program by : Renkow, Mitch

Download or read book Impacts of IFPRI’s “Priorities for Pro-poor Public Investment” Global Research Program written by Renkow, Mitch and published by Intl Food Policy Res Inst. This book was released on 2011-02-08 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report assesses the impact of the International Food Policy Research Institute’s (IFPRI) Global Research Program on Priorities for Public Investment in Agriculture and Rural Areas (“GRP-3”). Initiated in 1998, the stated objectives of the research program were (1) to increase public investment for rural areas and the agricultural sector given that there is an underspending in the sector and (2) to better target and improve efficiency of public resources to achieve these growth and poverty reduction goals, as well as other development goals. GRP-3 evolved out of research on the impacts of alternative types of public spending on income and poverty outcomes in India and China that was conducted by staff of IFPRI’s Environment and Production Technology Division (later the Development Strategy and Governance Division). Those studies indicated that public investments in infrastructure—in particular, investments in roads, agricultural research and development (R&D), and education—yielded sizeable marginal benefits in terms of poverty alleviation and income generation in rural areas. This line of research was later expanded to encompass a number of countries in Africa and, to a lesser extent, Southeast Asia and the Middle East. A second major (and ongoing) thrust of the program is to support African governments in establishing public investment priorities and strategies for promoting rural economic growth and poverty alleviation. Major activities undertaken include providing analytical and institutional support to the Comprehensive Africa Agriculture Development Programme (CAADP) and evaluations of individual publicly-funded programs in several African countries. GRP-3 has generated an impressive array of published outputs. The great bulk of these emerged from the research conducted in India and China. A much smaller number of published outputs have been generated by the (more recently conducted) research in Africa; however, a substantial number of papers, book manuscripts, and monographs are in various stages of the publication process. Other important program outputs include a variety of public expenditure databases suitable for assessing the nature and effects of individual countries’ spending priorities. GRP-3 research has had substantial influence on public expenditure priorities in India and China. Most notably, published research in India played a key role in the institution of the Rural Roads Program that directed huge sums toward construction of roads connecting large numbers of previously unserved villages. Quantitative assessment of the positive impacts from these road investments indicates that IFPRI research can reasonably take substantial credit for lifting tens of thousands of individuals out of poverty and increasing agricultural GDP by billions of rupees. Additionally, in both China and India, GRP-3 research has influenced recent policy conversations that have led to increased spending on agricultural R&D and education. Overall, the program has substantially met its stated objectives in Asia. GRP-3 research in Africa has yet to fully meet the program’s objectives, in large part because the policymaking process in the countries where IFPRI has been active are still not far enough advanced for the research outputs to have translated into actual policies. Still, some important outcomes have emerged: The work IFPRI has conducted in support of CAADP has successfully shepherded 19 countries through the Compact process. However, the Compacts are intermediate products; it remains to be seen the extent to which governments follow through on the plans contained within them. IFPRI’s compilations of disparate public expenditure data in a large number of countries represent a useful local public good for use by research and practitioner communities outside of IFPRI. In addition, IFPRI’s role in guiding the formation and operation of a regional strategic assessment and knowledge support system (ReSAKSS) has boosted, if not created, institutional capacity for future monitoring and evaluation activities. Research on the impact of public investments in the agricultural sector has been useful to the donor community by providing empirical backstopping for ongoing policy dialogues with governments. However, the difficult—and often contentious—political environment in which those dialogues occur has meant that policy outcomes are still materializing (and far from certain).

Agricultural Growth and Rural Poverty Reduction in India

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Author :
Publisher : Springer Nature
ISBN 13 : 9811535841
Total Pages : 132 pages
Book Rating : 4.8/5 (115 download)

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Book Synopsis Agricultural Growth and Rural Poverty Reduction in India by : Seema Bathla

Download or read book Agricultural Growth and Rural Poverty Reduction in India written by Seema Bathla and published by Springer Nature. This book was released on 2020-03-19 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a blueprint for the allocation of public expenditures “in” and “for” agriculture at the dis-aggregated state level and suggests a reorientation in favour of disadvantaged regions where the marginal returns on additional investments would be higher. It provides insights into the inter-linkages between public expenditures, private investment, rural poverty, and agriculture productivity from a regional perspective to reflect upon spatial differences in the welfare effects of various investments, subsidies, and policies. The book focuses on agricultural growth and rural poverty reduction through public and private investments, non-farm employment, and other pathways to the formulation of appropriate policies at the dis-aggregated state level. It presents new evidence based on advanced econometric tools for analysing and understanding the relationship between public and private investments in agriculture and input subsidies (fertilizer, power, irrigation, and credit) together with their impacts at the dis-aggregated state level. The book also deliberates on an income based direct support system for farmers as an alternative to the existing input price subsidy regime. Accordingly, the book offers valuable insights not only for researchers working on poverty alleviation, rural economy, and agricultural growth, but also for policymakers.

The Role of Agriculture in Poverty Reduction

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Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 49 pages
Book Rating : 4./5 ( download)

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Book Synopsis The Role of Agriculture in Poverty Reduction by : Luc J. Christiaensen

Download or read book The Role of Agriculture in Poverty Reduction written by Luc J. Christiaensen and published by World Bank Publications. This book was released on 2006 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: The relative contribution of a sector to poverty reduction is shown to depend on its direct and indirect growth effects as well as its participation effect. The paper assesses how these effects compare between agriculture and non-agriculture by reviewing the literature and by analyzing cross-country national accounts and poverty data from household surveys. Special attention is given to Sub-Saharan Africa. While the direct growth effect of agriculture on poverty reduction is likely to be smaller than that of non-agriculture (though not because of inherently inferior productivity growth), the indirect growth effect of agriculture (through its linkages with nonagriculture) appears substantial and at least as large as the reverse feedback effect. The poor participate much more in growth in the agricultural sector, especially in low-income countries, resulting in much larger poverty reduction impact. Together, these findings support the overall premise that enhancing agricultural productivity is the critical entry-point in designing effective poverty reduction strategies, including in Sub-Saharan Africa. Yet, to maximize the poverty reducing effects, the right agricultural technology and investments must be pursued, underscoring the need for much more country specific analysis of the structure and institutional organization of the rural economy in designing poverty reduction strategies.

Prioritizing agricultural investments across commodities for income growth and poverty reduction: Methods and applications

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Author :
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 35 pages
Book Rating : 4./5 ( download)

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Book Synopsis Prioritizing agricultural investments across commodities for income growth and poverty reduction: Methods and applications by : Minot, Nicholas

Download or read book Prioritizing agricultural investments across commodities for income growth and poverty reduction: Methods and applications written by Minot, Nicholas and published by Intl Food Policy Res Inst. This book was released on 2021-11-24 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Some agricultural investments are commodity-specific, meaning that they increase the productivity of production, processing, or marketing of a single agricultural commodity or a set of closely-related commodities. Examples include investment in cassava breeding, expanding cotton ginning capacity, irrigation for rice production, expansion of cold storage capacity for horticultural exports, or road investment to a region whose main product is maize. Traditional cost-benefit analysis estimates the effect of in-vestments on net income assuming that the investment is not large enough to influence market prices. However, a different approach is needed when the investment affects market prices and/or there is an interest in other outcomes such as poverty reduction. This report describes an approach to estimating the impact of commodity-specific agricultural investments on income, poverty, and other measures of welfare. This approach can be extended to identify the optimal allocation of an investment budget across commodities subject to a given objective function. For example, it could be used to allocate agricultural research funds across commodities to maximize income, poverty reduction, or a weighted average of the two.

Synopsis: Implications of public investments and external shocks on agriculture, economic growth and poverty in Papua New Guinea: An economywide analysis

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Author :
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 9 pages
Book Rating : 4./5 ( download)

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Book Synopsis Synopsis: Implications of public investments and external shocks on agriculture, economic growth and poverty in Papua New Guinea: An economywide analysis by : Dorosh, Paul A.

Download or read book Synopsis: Implications of public investments and external shocks on agriculture, economic growth and poverty in Papua New Guinea: An economywide analysis written by Dorosh, Paul A. and published by Intl Food Policy Res Inst. This book was released on 2022-08-22 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policy simulations utilizing an economy-wide model based on PNG national accounts and survey data highlight the importance of linkages between the agricultural and non-agricultural sectors of the PNG economy. There are potentially major benefits of increased agricultural productivity for national income and urban households. To reduce rural poverty, however, transport and processing costs must be lowered, as well. Even if only half of the increase in foreign exchange earnings from the 2022 world energy price shock is absorbed into the PNG economy, the real exchange rate appreciates by 13 percent, reducing incomes from export crops. However, increased domestic demand for non-tradable crops contributes to a 10 percent income gain for the rural poor. Using a portion of increased oil and natural gas revenues to finance new investments in crop agriculture, processing and transport, provides even greater benefits by spurring real GDP growth and raising real household incomes by an additional 2 to 4 percentage points. A hypothetical carbon credit arrangement in which PNG reduces deforestation in exchange for funds used to finance cash transfers to the poorest 20 percent of both urban and rural households could raise the incomes of these groups by about 13 percent.

Tools for measuring the full impacts of agricultural interventions

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Author :
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 54 pages
Book Rating : 4./5 ( download)

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Book Synopsis Tools for measuring the full impacts of agricultural interventions by : Martin, Will

Download or read book Tools for measuring the full impacts of agricultural interventions written by Martin, Will and published by Intl Food Policy Res Inst. This book was released on 2021-11-24 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: A first step in evaluating the effects of agricultural investments in developing countries to recognize that policy makers will almost certainly have multiple objectives. Even policy makers like those at the Millennium Challenge Corporation, with a strong focus on ensuring that interventions contribute to growth, also have a keen interest in poverty reduction and other goals such as enhancing gender equity. This presence of multiple goals has profound impacts on the choice of policies and mean it is likely that more than one policy instrument will be needed to best achieve those goals. Once the goals of policy have been identified, the next step is to identify possible policy instruments to help in achieving these goals. These potential policy instruments will likely include some policy reforms like adjustments to trade policies that are relatively easy to implement, whose impacts are relatively easy to analyze and whose implications for fiscal revenues may be slight. They may also include re-forms to the ways that policies are identified and implemented, such as moves from centralized policy making to community driven development, designed to align policies more strongly with needs in the communities affected. They are also likely to include investment projects with substantial revenue requirements that seek to rectify market failures in areas such as the provision of public goods or the internalization of externalities. Constraints Analyses are an important part of the MCC approach to identifying and evaluating interventions using the Hausmann, Rodrik and Velasco growth diagnostic approach (HRV). This seeks to identify areas in which substantial progress can be made at limited cost by identifying key omissions in cur-rent policies. Their famous, and useful, analogy to a barrel with a short stave whose lengthening can increase the water level in the barrel at minimum cost helps grasp the essence of this approach. It deals with situations where inefficiencies in past policy making, and/or changes in circumstances mean that disproportionately large benefits are obtainable at low cost.

Understanding the effects of agricultural R&D investments on poverty and undernourishment in sub-Saharan Africa: A causal mediation approach

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Author :
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4./5 ( download)

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Book Synopsis Understanding the effects of agricultural R&D investments on poverty and undernourishment in sub-Saharan Africa: A causal mediation approach by : Benfica, Rui

Download or read book Understanding the effects of agricultural R&D investments on poverty and undernourishment in sub-Saharan Africa: A causal mediation approach written by Benfica, Rui and published by Intl Food Policy Res Inst. This book was released on 2021-10-19 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This analysis explores the relationship between agricultural R&D investments and rural poverty reduction, and the prevalence of undernourishment in sub-Saharan Africa (SSA). It uses a panel data set of internationally comparable poverty dis-aggregated by urban and rural areas, country level undernourishment, and ASTI data on R&D investments and derived indicators. The study uses agricultural R&D knowledge stocks (KS) to account for the lagged effects of research through depreciation and gestation period of investments, and applies causal mediation analysis to assess the impact of KS on poverty and hunger and measure the relative contribution of KS-induced agricultural productivity growth on those outcomes. Evidence suggests that, while SSA growth in KS has been relatively slow, it helped reduce rural poverty and undernourishment – the percentage point reduction in rural extreme and moderate poverty of a 1% annual increase in KS is 0.218 and 0.146 percentage points per year, respectively. Mediation analysis indicates that a fifth of the KS effect on extreme rural poverty, and a quarter of the KS effect on moderate rural poverty, can be attributed to KS driven gains in agricultural labor productivity. Likewise, KS growth reduces undernourishment – a 1% annual increase in KS leads to a drop of 0.132 percentage points per year in the prevalence of undernourishment, with about 40% of that effect mediated through gains in agricultural land productivity. These results indicate that KS supports poverty and hunger reduction through benefits on-farm and beyond it. They also suggest that there is room for strengthening the role of R&D KS productivity enhancing innovations. Given the current low levels of investments in R&D and resulting KS, increasing its levels will be critical, but that alone is not sufficient. Policy makers will have to rethink the way the innovations from R&D get scaled up and pay attention to the necessary complementary policies and investments that enable a sustainable pathway leading to greater productivity growth and development impacts.

Agriculture and Development

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Author :
Publisher : World Bank Publications
ISBN 13 : 0821371282
Total Pages : 245 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Agriculture and Development by : Gudrun Kochendörfer-Lucius

Download or read book Agriculture and Development written by Gudrun Kochendörfer-Lucius and published by World Bank Publications. This book was released on 2008-01-01 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book highlights proceedings from the Berlin 2008: Agriculture and Development conference held in preparation for the World Development Report 2008.

Structural change and poverty reduction in Ethiopia: Economy-wide analysis of the evolving role of agriculture

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Author :
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 35 pages
Book Rating : 4./5 ( download)

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Book Synopsis Structural change and poverty reduction in Ethiopia: Economy-wide analysis of the evolving role of agriculture by : Dorosh, Paul

Download or read book Structural change and poverty reduction in Ethiopia: Economy-wide analysis of the evolving role of agriculture written by Dorosh, Paul and published by Intl Food Policy Res Inst. This book was released on 2018-09-06 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores these issues for Ethiopia utilizing an economy-wide computable general equilibrium (CGE) model based on a detailed social accounting matrix (SAM). We present the results of four alternative investment scenarios -- faster investment in i) cities; ii) crop agriculture; iii) the rural non-farm sector and agro-industry; and iv) livestock. The simulations suggest that investments in cities generate faster economic growth and structural transformation. However, given the large share of the population with incomes linked to agriculture and the rural economy, investments in the rural economy are likely to continue to be more pro-poor than urban public investments through the mid-2020s. After the mid-2020s, investments in cities become more pro-poor. In short, though rapid economic growth and structural transformation have diminished the relative importance of the agricultural sector in Ethiopia’s economy, continued public investments in agriculture and the broader agri-food system remain crucial for equity and poverty alleviation in Ethiopia, as well as for reducing food import dependency.

Analysis of alternative routes of public investment in agriculture and their impact on economic growth and rural poverty reduction in Nicaragua

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Author :
Publisher : Food & Agriculture Org.
ISBN 13 : 9251333513
Total Pages : 80 pages
Book Rating : 4.2/5 (513 download)

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Book Synopsis Analysis of alternative routes of public investment in agriculture and their impact on economic growth and rural poverty reduction in Nicaragua by : Food and Agriculture Organization of the United Nations

Download or read book Analysis of alternative routes of public investment in agriculture and their impact on economic growth and rural poverty reduction in Nicaragua written by Food and Agriculture Organization of the United Nations and published by Food & Agriculture Org.. This book was released on 2020-09-30 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the face of the economic downturn that Nicaragua experienced in 2018 and the need for a recovery, the study provides a comparative analysis of how investments in productive infrastructure in different agri-food sectors would impact growth and poverty. The analysis is based on scenarios generated through an economy-wide model representing the Nicaraguan economy and its sectors. The model includes financing constraints and the study explores different financing options for the new investments.

The Role of Agriculture in Poverty Reduction

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Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (931 download)

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Book Synopsis The Role of Agriculture in Poverty Reduction by : Luc Christiaensen

Download or read book The Role of Agriculture in Poverty Reduction written by Luc Christiaensen and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The relative contribution of a sector to poverty reduction is shown to depend on its direct and indirect growth effects as well as its participation effect. The paper assesses how these effects compare between agriculture and non-agriculture by reviewing the literature and by analyzing cross-country national accounts and poverty data from household surveys. Special attention is given to Sub-Saharan Africa. While the direct growth effect of agriculture on poverty reduction is likely to be smaller than that of non-agriculture (though not because of inherently inferior productivity growth), the indirect growth effect of agriculture (through its linkages with nonagriculture) appears substantial and at least as large as the reverse feedback effect. The poor participate much more in growth in the agricultural sector, especially in low-income countries, resulting in much larger poverty reduction impact. Together, these findings support the overall premise that enhancing agricultural productivity is the critical entry-point in designing effective poverty reduction strategies, including in Sub-Saharan Africa. Yet, to maximize the poverty reducing effects, the right agricultural technology and investments must be pursued, underscoring the need for much more country specific analysis of the structure and institutional organization of the rural economy in designing poverty reduction strategies.

Public investment prioritization for Rwanda’s inclusive agricultural transformation: Evidence from rural investment and policy analysis modeling

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Author :
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 100 pages
Book Rating : 4./5 ( download)

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Book Synopsis Public investment prioritization for Rwanda’s inclusive agricultural transformation: Evidence from rural investment and policy analysis modeling by : Aragie, Emerta

Download or read book Public investment prioritization for Rwanda’s inclusive agricultural transformation: Evidence from rural investment and policy analysis modeling written by Aragie, Emerta and published by Intl Food Policy Res Inst. This book was released on 2022-02-22 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: As Rwanda is expected to return to its rapid growth trajectory following the COVID-19 pandemic, agriculture will continue to play a central role in the structural transformation of the entire economy. To this end, the Government of Rwanda continues to invest in the agricultural sector by building on Strategic Plans for the Transformation of Agriculture (PSTAs) that began in the early 2000s. The challenging question is how to prioritize public expenditures across a broad portfolio of policies and programs. Ambitious plans, whether in the short or long term, require difficult decisions. The prioritization of public investment becomes even more complex as Rwanda’s structural transformation advances and as new investments—beyond the farm—become critically important for the agricultural sector. The structural transformation process itself means that as agriculture becomes more integrated with the rest of the economy, public resource allocations need to address a wider range of issues across the entire food system; these include nutrition-sensitive food production systems, inclusive value chain development, nonfarm rural enterprise development, and climate-resilient sustainable intensification of both crops and livestock. This study provides evidence that is designed to assist the Government of Rwanda in its selection of agricultural policy, investment, and expenditure portfolios that reflect the country’s broad focus on its food system and structural transformation. This process of prioritization will need to incorporate multiple public investments targeting multiple development outcomes and will need to be grounded in the costeffective use of public resources in a largely market-led transformation process. This data-driven and evidence-based approach must critically underpin an informed investment prioritization process that helps achieve ambitious targets in an environment constrained by limited public resources. The study uses the Rural Investment and Policy Analysis (RIAPA) economywide model developed by the International Food Policy Research Institute (IFPRI), with contributions from colleagues at the Ministry of Agriculture and Animal Resources (MINAGRI), the Ministry of Finance and Economic Planning (MINECOFIN) and the National Institute of Statistics of Rwanda (NISR). The study draws on data from multiple sources as well as expert insights to inform the application of RIAPA’s Agricultural Investment for Data Analyzer (AIDA) module as a tool to measure the impacts of alternative public expenditure options on multiple development outcomes. Using this integrated modeling framework, the study links agricultural and rural development spending to four specific outcomes: economic growth, job creation, poverty reduction, and diet quality improvement; at the same time, it considers the synergies and tradeoffs associated with the different investment options in the transformation process. The paper first assesses the contribution of public expenditures to agricultural and rural development under the fourth Strategic Plan for Agriculture Transformation (PSTA 4) that extends between 2018 and 2024. These findings are important, given the fact that since the beginning of PSTA 4, the budget allocated to MINAGRI (measured in constant prices) has stagnated. Our results suggest that increased spending on agriculture is well justified and that such spending is essential if the Government of Rwanda is to achieve its long-term development goals.

Links Between Growth, Inequality, and Poverty: A Survey

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1513572660
Total Pages : 54 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Links Between Growth, Inequality, and Poverty: A Survey by : Ms. Valerie Cerra

Download or read book Links Between Growth, Inequality, and Poverty: A Survey written by Ms. Valerie Cerra and published by International Monetary Fund. This book was released on 2021-03-12 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on the underlying sources of growth. The impact of poverty and inequality on growth is likewise ambiguous, as several channels mediate the relationship. But most plausible mechanisms suggest that poverty and inequality reduce growth, at least in the long run. Policies play a role in shaping these relationships and those designed to improve equality of opportunity can simultaneously improve inclusiveness and growth.

2021 Global food policy report: Transforming food systems after COVID-19: Synopsis

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Author :
Publisher : Intl Food Policy Res Inst
ISBN 13 : 0896294013
Total Pages : 8 pages
Book Rating : 4.8/5 (962 download)

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Book Synopsis 2021 Global food policy report: Transforming food systems after COVID-19: Synopsis by : International Food Policy Research Institute (IFPRI)

Download or read book 2021 Global food policy report: Transforming food systems after COVID-19: Synopsis written by International Food Policy Research Institute (IFPRI) and published by Intl Food Policy Res Inst. This book was released on 2021-04-13 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: The coronavirus pandemic has upended local, national, and global food systems, and put the Sustainable Development Goals further out of reach. But lessons from the world’s response to the pandemic can help address future shocks and contribute to food system change. In the 2021 Global Food Policy Report, IFPRI researchers and other food policy experts explore the impacts of the pandemic and government policy responses, particularly for the poor and disadvantaged, and consider what this means for transforming our food systems to be healthy, resilient, efficient, sustainable, and inclusive. Chapters in the report look at balancing health and economic policies, promoting healthy diets and nutrition, strengthening social protection policies and inclusion, integrating natural resource protection into food sector policies, and enhancing the contribution of the private sector. Regional sections look at the diverse experiences around the world, and a special section on finance looks at innovative ways of funding food system transformation. Critical questions addressed include: - Who felt the greatest impact from falling incomes and food system disruptions caused by the pandemic? - How can countries find an effective balance among health, economic, and social policies in the face of crisis? - How did lockdowns affect diet quality and quantity in rural and urban areas? - Do national social protection systems such as cash transfers have the capacity to protect poor and vulnerable groups in a global crisis? - Can better integration of agricultural and ecosystem polices help prevent the next pandemic? - How did companies accelerate ongoing trends in digitalization and integration to keep food supply chains moving? - What different challenges did the pandemic spark in Asia, Africa, and Latin America and how did these regions respond?