Reaping Richer Returns : Public Spending Priorities for African Agriculture Productivity Growth
Enhancing the productivity of agriculture is vital for Sub-Saharan Africa's economic future and is one of the most important tools to end extreme poverty and boost shared prosperity in the region. How governments elect to spend public resources has significant development impact in this regard....
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okr-10986-259962021-04-23T14:04:33Z Reaping Richer Returns : Public Spending Priorities for African Agriculture Productivity Growth Goyal, Aparajita Nash, John AGRICULTURE RESEARCH AGRICULTURE POLICY INPUT SUBSIDIES CAADP IRRIGATION PUBLIC FINANCE COST-BENEFIT ANALYSIS GOVERNMENT SPENDING POLITICAL ECONOMY agriculture productivity productivity production Enhancing the productivity of agriculture is vital for Sub-Saharan Africa's economic future and is one of the most important tools to end extreme poverty and boost shared prosperity in the region. How governments elect to spend public resources has significant development impact in this regard. Choosing to catalyze a shift toward more effective, efficient, and climate-resilient public spending in agriculture can accelerate change and unleash growth. Not only does agricultural public spending in Sub-Saharan Africa lag behind other developing regions but its impact is vitiated by subsidy programs and transfers that tend to benefit elites to the detriment of poor people and the agricultural sector itself. Shortcomings in the budgeting processes also reduce spending effectiveness. In light of this scenario, addressing the quality of public spending and the efficiency of resource use becomes even more important than addressing only the level of spending. Improvements in the policy environment, better institutions, and investments in rural public goods positively affect agricultural productivity. These, combined with smarter use of public funds, have helped lay the foundations for agricultural productivity growth around the world, resulting in a wealth of important lessons from which African policy makers and development practitioners can draw. 'Reaping Richer Returns: Public Spending Priorities for African Agriculture Productivity Growth' will be of particular interest to policy makers, development practitioners, and academics. The rigorous analysis presented in this book provides options for reform with a view to boosting the productivity of African agriculture and eventually increasing development impact. 2017-02-02T17:28:50Z 2017-02-02T17:28:50Z 2017-02-21 Book http://documents.worldbank.org/curated/en/720751489776752023/Reaping-richer-returns-public-spending-priorities-for-African-agriculture-productivity-growth 978-1-4648-0937-8 978-2-37902-005-6 http://hdl.handle.net/10986/25996 English en_US Africa Development Forum; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank and Agence Francaise de Developpement Publications & Research Publications & Research :: Publication Africa Sub-Saharan Africa |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
AGRICULTURE RESEARCH AGRICULTURE POLICY INPUT SUBSIDIES CAADP IRRIGATION PUBLIC FINANCE COST-BENEFIT ANALYSIS GOVERNMENT SPENDING POLITICAL ECONOMY agriculture productivity productivity production |
spellingShingle |
AGRICULTURE RESEARCH AGRICULTURE POLICY INPUT SUBSIDIES CAADP IRRIGATION PUBLIC FINANCE COST-BENEFIT ANALYSIS GOVERNMENT SPENDING POLITICAL ECONOMY agriculture productivity productivity production Goyal, Aparajita Nash, John Reaping Richer Returns : Public Spending Priorities for African Agriculture Productivity Growth |
geographic_facet |
Africa Sub-Saharan Africa |
relation |
Africa Development Forum; |
description |
Enhancing the productivity of agriculture is vital for Sub-Saharan Africa's economic future and is one of the most important tools to end extreme poverty and boost shared prosperity in the region. How governments elect to spend public resources has significant development impact in this regard. Choosing to catalyze a shift toward more effective, efficient, and climate-resilient public spending in agriculture can accelerate change and unleash growth. Not only does agricultural public spending in Sub-Saharan Africa lag behind other developing regions but its impact is vitiated by subsidy programs and transfers that tend to benefit elites to the detriment of poor people and the agricultural sector itself. Shortcomings in the budgeting processes also reduce spending effectiveness. In light of this scenario, addressing the quality of public spending and the efficiency of resource use becomes even more important than addressing only the level of spending. Improvements in the policy environment, better institutions, and investments in rural public goods positively affect agricultural productivity. These, combined with smarter use of public funds, have helped lay the foundations for agricultural productivity growth around the world, resulting in a wealth of important lessons from which African policy makers and development practitioners can draw.
'Reaping Richer Returns: Public Spending Priorities for African Agriculture Productivity Growth' will be of particular interest to policy makers, development practitioners, and academics. The rigorous analysis presented in this book provides options for reform with a view to boosting the productivity of African agriculture and eventually increasing development impact. |
format |
Book |
author |
Goyal, Aparajita Nash, John |
author_facet |
Goyal, Aparajita Nash, John |
author_sort |
Goyal, Aparajita |
title |
Reaping Richer Returns : Public Spending Priorities for African Agriculture Productivity Growth |
title_short |
Reaping Richer Returns : Public Spending Priorities for African Agriculture Productivity Growth |
title_full |
Reaping Richer Returns : Public Spending Priorities for African Agriculture Productivity Growth |
title_fullStr |
Reaping Richer Returns : Public Spending Priorities for African Agriculture Productivity Growth |
title_full_unstemmed |
Reaping Richer Returns : Public Spending Priorities for African Agriculture Productivity Growth |
title_sort |
reaping richer returns : public spending priorities for african agriculture productivity growth |
publisher |
Washington, DC: World Bank and Agence Francaise de Developpement |
publishDate |
2017 |
url |
http://documents.worldbank.org/curated/en/720751489776752023/Reaping-richer-returns-public-spending-priorities-for-African-agriculture-productivity-growth http://hdl.handle.net/10986/25996 |
_version_ |
1764460684426346496 |