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

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 prior...

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Bibliographic Details
Main Authors:	Deininger, Klaus, Byerlee, Derek, Lindsay, Jonathan, Norton, Andrew, Selod, Harris, Stickler, Mercedes
Format:	Publication
Language:	English
Published:	World Bank 2012
Subjects:	ACCESS TO INFORMATION ACCOUNTABILITY ACID SOILS ACTUAL YIELDS AGRIBUSINESS AGRICULTURAL AREA AGRICULTURAL COMMODITIES AGRICULTURAL DEVELOPMENT AGRICULTURAL GROWTH AGRICULTURAL INNOVATION AGRICULTURAL INVESTMENT AGRICULTURAL LAND AGRICULTURAL ORGANIZATION AGRICULTURAL PRODUCTION AGRICULTURAL PRODUCTIVITY AGRICULTURAL RESEARCH AGRICULTURAL SECTORS AGRICULTURAL TECHNOLOGY AGRICULTURAL TRADE AGRICULTURAL USE AGRICULTURE AGRICULTURE ORGANIZATION ALLOCATION OF LAND AQUACULTURE ARID LANDS BIODIVERSITY BULK COMMODITIES CAPACITY BUILDING CAPITAL MARKETS CENTER FOR INTERNATIONAL FORESTRY RESEARCH CGIAR CIFOR CLIENT COUNTRIES CLIMATE CHANGE COFFEE COMMODITY PRICE COMMODITY PRICES COMMON PROPERTY COMPARATIVE ADVANTAGE CONSERVATION TILLAGE CONSOLIDATION CONSULTATIVE GROUP ON INTERNATIONAL AGRICULTURAL RESEARCH COTTON CROP CROP LAND CROP PRODUCTION CROP YIELDS CROPPING CROPS CULTIVATED AREAS CULTIVATED LAND CULTIVATION DEFORESTATION DEGRADED LANDS DEVELOPMENT RESEARCH ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC IMPACT ECONOMICS EFFECTIVE USE EMISSIONS EMPIRICAL BASIS EMPIRICAL EVIDENCE EMPIRICAL RESEARCH ENVIRONMENTAL ENVIRONMENTAL IMPACT ENVIRONMENTAL IMPACTS ENVIRONMENTAL SCIENCES ENVIRONMENTAL SUSTAINABILITY EQUILIBRIUM EXPLOITATION EXTERNALITIES FAO FARM SIZE FARMERS FARMING FARMING SYSTEMS FARMLAND FARMS FEED FISHERIES FOOD INSECURITY FOOD PRICES FOOD PRODUCTS FOOD SECURITY FOOD SUPPLIES FOREST LAND FORESTRY FORESTS GENDER GLOBAL INTEREST GRAIN GREENHOUSE GAS GREENHOUSE GAS EMISSIONS HUNGER IFAD IMPACT ASSESSMENT INCOMES INFLATION INTEGRATION INTERNATIONAL FUND FOR AGRICULTURAL DEVELOPMENT INVENTORY LABOR COSTS LAND ACQUISITION LAND CONSOLIDATION LAND MARKETS LAND REDISTRIBUTION LAND REFORM LAND REFORMS LAND RENT LAND RESOURCES LAND RIGHTS LAND SUPPLY LAND TAXES LAND TENURE LAND TRANSFERS LAND USE LAND USE CHANGE LAND USE PLANNING LAND USE RESTRICTIONS LAND VALUES LARGE FARMS LEGISLATION LEVEL PLAYING FIELD LIVELIHOODS LIVESTOCK LIVESTOCK RANCHING LOCAL GOVERNMENT LOSS OF BIODIVERSITY LUXEMBOURG MAIZE MANDATES MARKETING MIGRATION MULTIPLIERS MUSA NATURAL RESOURCE ECONOMICS NATURAL RESOURCE MANAGEMENT NATURAL RESOURCES NEW TECHNOLOGIES NONGOVERNMENTAL ORGANIZATIONS OIL OILSEED PALM OIL PASTORALISTS PASTURES PATENTS POLICY MAKERS POLITICAL ECONOMY POPULATION GROWTH POTENTIAL INVESTORS POTENTIAL YIELDS POVERTY ALLEVIATION POVERTY REDUCTION PRESENT VALUE PRICE CHANGES PRIVATE SECTOR PRODUCERS PRODUCTION COSTS PRODUCTIVITY PROPERTY RIGHTS PUBLIC GOODS PUBLIC LAND PUBLIC LANDS PUBLIC SERVICES R&D REDUCING EMISSIONS REGULATORY FRAMEWORK RESEARCH SYSTEMS RESISTANT VARIETIES RESOURCE MANAGEMENT RICE RICE CULTIVATION RURAL DEVELOPMENT RURAL DEVELOPMENT STRATEGIES RURAL POPULATION RURAL POVERTY SOILS SORGHUM SOYBEAN YIELDS SOYBEANS SUBSIDIARY SUGARCANE SUSTAINABLE DEVELOPMENT SUSTAINABLE LAND MANAGEMENT SUSTAINABLE RESOURCE USE TAX REVENUE TAXATION TECHNICAL ASSISTANCE TECHNOLOGICAL CHANGE TECHNOLOGY TRANSFER THE CONSULTATIVE GROUP TRANSFERS OF ASSETS TRANSPORT TREES UNCTAD UNEMPLOYMENT UNEP UNITED NATIONS UNITED NATIONS ENVIRONMENT PROGRAMME UNIVERSITY OF MINNESOTA URBANIZATION VEGETABLE OILS WAGES WHEAT WOOD ZONING
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000334955_20110208033706 http://hdl.handle.net/10986/2263

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Summary:	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.

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

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