Country Economic Memorandum for Sao Tome and Principe - Background Note 10 : What are the Obstacles to Agricultural Development in STP? A Review of Current Agriculture Production Structure and Potential

This note presents an analysis of the obstacles and opportunities for STP’s agriculture value chains, assesses the main sector risks, and provides a series of public sector recommendations for increased private sector investment. While the country...

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Main Authors: Arias, Diego, Horton, John, Valdivia, Pablo
Format: Background Paper
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/429701562910836361/Country-Economic-Memorandum-Background-Note-10-What-are-the-obstacles-to-agricultural-development-in-STP-A-review-of-current-agriculture-production-structure-and-potential
http://hdl.handle.net/10986/32092
id okr-10986-32092
recordtype oai_dc
spelling okr-10986-320922021-05-25T09:26:15Z Country Economic Memorandum for Sao Tome and Principe - Background Note 10 : What are the Obstacles to Agricultural Development in STP? A Review of Current Agriculture Production Structure and Potential Arias, Diego Horton, John Valdivia, Pablo AGRICULTURAL PRODUCTIVITY AGRICULTURAL DEVELOPMENT SMALL AND MEDIUM-SIZED ENTERPRISES SOIL AND WATER CONSERVATION CLIMATE CHANGE IMPACT CLIMATE RESILIENCE SUPPLY CHAINS EXPORT COMPETITIVENESS NICHE MARKET CACAO ECOTOURISM PUBLIC POLICY This note presents an analysis of the obstacles and opportunities for STP’s agriculture value chains, assesses the main sector risks, and provides a series of public sector recommendations for increased private sector investment. While the country will remain a net importer of food and agricultural products for the foreseeable future, a series of opportunities exist, some to increase import-substitution, others to expand exports. Given STP’s land constraints and climate variability, importing food will continue to occur in the near to medium-term future to satisfy local demand. However, import-substitution opportunities will continue to offer prospects centered on the feedstuff-livestock chain and the horticultural sector, as well as some additional expansion of the palm oil industry. Export opportunities lie primarily in cocoa products as well as in emerging non-traditional agricultural exports, some strategically linked to tourism, especially eco-tourism already embraced by the government and by high end tourist developments established in the past few years. Analysis of the competitiveness of existing and emerging rural supply chains in STP reveals a series of characteristics that allow to overcome the structural diseconomies of scale of a small island state. These characteristics include among others: (i) high value-to-weight products, (ii) agricultural products that can be taken with tourists, (iii) low perishability and products that can be stored, (iv) climate change resilience; and (v) explore the country’s uniqueness. Value chains that possess some of these key characteristics discerned from the analysis offer private sector opportunities, provided the enabling environment allows them to reach their potential. 2019-07-16T14:41:21Z 2019-07-16T14:41:21Z 2019-06-26 Background Paper http://documents.worldbank.org/curated/en/429701562910836361/Country-Economic-Memorandum-Background-Note-10-What-are-the-obstacles-to-agricultural-development-in-STP-A-review-of-current-agriculture-production-structure-and-potential http://hdl.handle.net/10986/32092 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work :: Country Economic Memorandum Economic & Sector Work Africa Sao Tome and Principe
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic AGRICULTURAL PRODUCTIVITY
AGRICULTURAL DEVELOPMENT
SMALL AND MEDIUM-SIZED ENTERPRISES
SOIL AND WATER CONSERVATION
CLIMATE CHANGE IMPACT
CLIMATE RESILIENCE
SUPPLY CHAINS
EXPORT COMPETITIVENESS
NICHE MARKET
CACAO
ECOTOURISM
PUBLIC POLICY
spellingShingle AGRICULTURAL PRODUCTIVITY
AGRICULTURAL DEVELOPMENT
SMALL AND MEDIUM-SIZED ENTERPRISES
SOIL AND WATER CONSERVATION
CLIMATE CHANGE IMPACT
CLIMATE RESILIENCE
SUPPLY CHAINS
EXPORT COMPETITIVENESS
NICHE MARKET
CACAO
ECOTOURISM
PUBLIC POLICY
Arias, Diego
Horton, John
Valdivia, Pablo
Country Economic Memorandum for Sao Tome and Principe - Background Note 10 : What are the Obstacles to Agricultural Development in STP? A Review of Current Agriculture Production Structure and Potential
geographic_facet Africa
Sao Tome and Principe
description This note presents an analysis of the obstacles and opportunities for STP’s agriculture value chains, assesses the main sector risks, and provides a series of public sector recommendations for increased private sector investment. While the country will remain a net importer of food and agricultural products for the foreseeable future, a series of opportunities exist, some to increase import-substitution, others to expand exports. Given STP’s land constraints and climate variability, importing food will continue to occur in the near to medium-term future to satisfy local demand. However, import-substitution opportunities will continue to offer prospects centered on the feedstuff-livestock chain and the horticultural sector, as well as some additional expansion of the palm oil industry. Export opportunities lie primarily in cocoa products as well as in emerging non-traditional agricultural exports, some strategically linked to tourism, especially eco-tourism already embraced by the government and by high end tourist developments established in the past few years. Analysis of the competitiveness of existing and emerging rural supply chains in STP reveals a series of characteristics that allow to overcome the structural diseconomies of scale of a small island state. These characteristics include among others: (i) high value-to-weight products, (ii) agricultural products that can be taken with tourists, (iii) low perishability and products that can be stored, (iv) climate change resilience; and (v) explore the country’s uniqueness. Value chains that possess some of these key characteristics discerned from the analysis offer private sector opportunities, provided the enabling environment allows them to reach their potential.
format Background Paper
author Arias, Diego
Horton, John
Valdivia, Pablo
author_facet Arias, Diego
Horton, John
Valdivia, Pablo
author_sort Arias, Diego
title Country Economic Memorandum for Sao Tome and Principe - Background Note 10 : What are the Obstacles to Agricultural Development in STP? A Review of Current Agriculture Production Structure and Potential
title_short Country Economic Memorandum for Sao Tome and Principe - Background Note 10 : What are the Obstacles to Agricultural Development in STP? A Review of Current Agriculture Production Structure and Potential
title_full Country Economic Memorandum for Sao Tome and Principe - Background Note 10 : What are the Obstacles to Agricultural Development in STP? A Review of Current Agriculture Production Structure and Potential
title_fullStr Country Economic Memorandum for Sao Tome and Principe - Background Note 10 : What are the Obstacles to Agricultural Development in STP? A Review of Current Agriculture Production Structure and Potential
title_full_unstemmed Country Economic Memorandum for Sao Tome and Principe - Background Note 10 : What are the Obstacles to Agricultural Development in STP? A Review of Current Agriculture Production Structure and Potential
title_sort country economic memorandum for sao tome and principe - background note 10 : what are the obstacles to agricultural development in stp? a review of current agriculture production structure and potential
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/429701562910836361/Country-Economic-Memorandum-Background-Note-10-What-are-the-obstacles-to-agricultural-development-in-STP-A-review-of-current-agriculture-production-structure-and-potential
http://hdl.handle.net/10986/32092
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