Download or read book Finance and Hunger written by Stijn Claessens and published by World Bank Publications. This book was released on 2006 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using cross-country and panel regressions, the authors show that financial sector development significantly reduces undernourishment (hunger), largely through gaining farmers and others access to productivity-enhancing equipment, translating into beneficial income and general effects. They show specifically that a deeper financial sector leads to higher agricultural productivity, including higher cereal yields, through increased fertilizer and tractor use. Higher productivity in turn leads to lower undernourishment. The results are robust to various specifications and econometric tests and imply that a 1 percentage point increase in private credit to GDP reduces undernourishment by 0.22-2.45 percentage points, or about one-quarter the impact of GDP per capita.
Download or read book Financial Sector Development and Agricultural Productivity written by John J Onoja and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Global concern is rising about the performance of the agricultural sector in view of its integral role in poverty alleviation, economic development and meeting an ever-increasing nutritional demand. At the epicenter of the concern is declining productivity due to poor financial inclusion of the sector leading to low investment and returns to agriculture. A cursory examination of the existing literature on the subject reveals quite varied dimensions to the analysis of agriculture productivity-financial development nexus. Focusing on the role of financial sector development as a catalyst to agricultural productivity, we employ panel data and advances fixed-effects econometrics approach to empirically investigate the linkage between agricultural productivity and financial sector development. Results from the analysis suggests that while financial sector development contributes positively to agricultural productivity, the magnitude of the effect is however statistically insignificant. This result is robust to multiple specifications and controls for institutional quality, economic size, agro-environmental factors, level of infrastructure, human capital, as well as year and country fixed effects. Additionally, agriculture credit has a positive and significant effect on productivity across sample of 75 developing countries, but positive and insignificant for developed economies. In view of the foregoing, it is imperative that policies targeted at boosting agricultural productivity are predicated upon creating incentive system that channels greater credit to boost agricultural investment. In this sense, financial sector development is not an end itself, but a means to an end.
Download or read book Finance and Hunger written by Stijn Claessens and published by . This book was released on 2016 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using cross-country and panel regressions, the authors show that financial sector development significantly reduces undernourishment (hunger), largely through gaining farmers and others access to productivity-enhancing equipment, translating into beneficial income and general effects. They show specifically that a deeper financial sector leads to higher agricultural productivity, including higher cereal yields, through increased fertilizer and tractor use. Higher productivity in turn leads to lower undernourishment. The results are robust to various specifications and econometric tests and imply that a 1 percentage point increase in private credit to GDP reduces undernourishment by 0.22-2.45 percentage points, or about one-quarter the impact of GDP per capita.
Download or read book Finance and Hunger written by Stijn Claessens and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Using cross-country and panel regressions, the authors show that financial sector development significantly reduces undernourishment (hunger), largely through gaining farmers and others access to productivity-enhancing equipment, translating into beneficial income and general effects. They show specifically that a deeper financial sector leads to higher agricultural productivity, including higher cereal yields, through increased fertilizer and tractor use. Higher productivity in turn leads to lower undernourishment. The results are robust to various specifications and econometric tests and imply that a 1 percentage point increase in private credit to GDP reduces undernourishment by 0.22-2.45 percentage points, or about one-quarter the impact of GDP per capita.
Download or read book Growth and Productivity in Agriculture and Agribusiness written by and published by World Bank Publications. This book was released on 2011 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: The report assesses the World Bank Group?s support for growth and productivity in the agriculture sector. Enhancing agricultural growth and productivity is essential to meeting the worldwide demand for food and to reducing poverty, particularly in the poorest developing countries. Between 1998 and 2008, the period covered by this evaluation, the World Bank Group (WBG) provided $23.7 billion in financing for agriculture and agribusiness in 108 countries (roughly 8 percent of total WBG financing), spanning areas from irrigation and marketing to research and extension. However, this was a time of declining focus on agricultural growth and productivity by both countries and donors. The cost of inadequate attention to agriculture, especially in agriculture-based economies, came into focus with the food crisis of 2007-08. The crisis added momentum to an emerging renewal of attention and stepped-up financing to agriculture and agribusiness at the World Bank and International Finance Corporation (IFC), as well as at several multilateral and bilateral agencies. World Bank financing rose two and a half times from 2008 to 2009, though that increase in lending seems to have been accompanied by a decline in analytical work, which this review finds valuable for results. This evaluation seeks to provide lessons from successes and failures to help improve the development impact of the renewed attention to the sector. Ratings against the World Bank?s stated objectives and IFC?s market-based benchmarks for agriculture and agribusiness projects have been equal to or above portfolio averages in East Asia, Latin America, and the transition economies in Europe, with notable successes over a long period in China and India. But performance of WBG interventions has been well below average in Sub-Saharan Africa, where IFC has had little engagement in agribusiness. Inconsistent client commitment and weak capacity have limited the effectiveness of WBG support in agriculture-based economies, particularly in Sub-Saharan Africa, and constraints on staffing and internal coordination within the WBG have also hurt outcomes. Financial sustainability has been constrained by insufficient government funding and the difficulty of maintaining agricultural services and infrastructure. The WBG has a unique opportunity to match the increases in the financing for agriculture with sharper focus on improving agricultural growth and productivity in agriculture-based economies, notably in Sub-Saharan Africa. Greater effort will be needed to connect sectoral interventions and achieve synergies from public and private sector interventions; to build capacity and knowledge exchange; to take stock of experience in rain-fed agriculture; to ensure attention to financial sustainability and to cross-cutting issues of gender, environmental and social impacts, and climate; and to better integrate WBG support at the global and regional levels with that at the country level.
Download or read book Finance for Food written by Doris Köhn and published by Springer. This book was released on 2014-02-19 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reflects the current state of discussion about agricultural and rural finance in developing and transition countries. It provides insight into specific themes, such as commodity value chains, farm banking and risk management in agricultural banking, structured finance, crop insurance, mobile banking and how to increase effectiveness in rural finance. Case studies illustrate various aspects of agricultural and rural finance in developing economies. The book is based on one of the yearly financial Sector Development Symposia held by the KfW Development Bank.
Download or read book Agricultural Finance and Opportunities for Investment and Expansion written by Ejiogu, Augustine Odinakachukwu and published by IGI Global. This book was released on 2018-04-06 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the modern globalized economy, it is important for businesses of all sizes to take advantage of the opportunity to enter diverse markets around the world. Through an international presence, organizations can remain competitive. Agricultural Finance and Opportunities for Investment and Expansion provides emerging research on the sources and profitable uses of funds in agricultural enterprises and sustainable agricultural production. While highlighting topics such as agricultural credit, enterprise expansion, and risk management, this publication explores the theoretical applications of agriculture through a business perspective. This book is an important resource for managers, academics, researchers, scholars, and graduate-level students seeking current research on the implementation of agriculture as a means of improving society and economy.
Download or read book Agricultural Productivity and Producer Behavior written by Wolfram Schlenker and published by University of Chicago Press. This book was released on 2019-11-13 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agricultural yields have increased steadily in the last half century, particularly since the Green Revolution. At the same time, inflation-adjusted agricultural commodity prices have been trending downward as increases in supply outpace the growth of demand. Recent severe weather events, biofuel mandates, and a switch toward a more meat-heavy diet in emerging economies have nevertheless boosted commodity prices. Whether this is a temporary jump or the beginning of a longer-term trend is an open question. Agricultural Productivity and Producer Behavior examines the factors contributing to the remarkably steady increase in global yields and assesses whether yield growth can continue. This research also considers whether agricultural productivity growth has been, and will be, associated with significant environmental externalities. Among the topics studied are genetically modified crops; changing climatic factors; farm production responses to government regulations including crop insurance, transport subsidies, and electricity subsidies for groundwater extraction; and the role of specific farm practices such as crop diversification, disease management, and water-saving methods. This research provides new evidence that technological as well as policy choices influence agricultural productivity.
Download or read book Three Essays on Finance Agricultural Aid and Development written by James Squires (Ph.D.) and published by . This book was released on 2016 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work investigates several roles that financial development and agricultural aid have on economic development. In the first essay, I find that development of two of the major components of the financial sector--the banking sector and market sector--have a positive effect on incomes of the poor. In the second essay, I find a beneficial link between agricultural aid and agricultural productivity in that stable agricultural aid increases the Sharpe ratio for agricultural productivity. The third essay shows an agricultural productivity convergence across 140 countries. I do not find any evidence that agricultural aid has a supportive role in this convergence across countries.
Download or read book Harvesting Prosperity written by Keith Fuglie and published by World Bank Publications. This book was released on 2019-11-05 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: Back cover blurb Rising agricultural productivity has driven improvements in living standards for millennia. Today, redoubling that effort in developing countries is critical to reducing extreme poverty, ensuring food security for an increasing global population, and adapting to changes in climate. This volume presents fresh analysis on global trends and sources of productivity growth in agriculture and offers new perspectives on the drivers of that growth. It argues that gains from the reallocation of land and labor are not as promising as believed, so policy needs to focus more on the generation and dissemination of new technologies, which requires stepping up national research efforts. Yet, in many of the poorest nations, a serious research spending gap has emerged precisely at the time when the challenges faced by agriculture are intensifying. The book focuses on how this problem can be redressed in the public sector, as well as on reforms aimed at mobilizing new private sector actors and value chains, particularly creating a better enabling environment, reforming trade regulations, introducing new products, and strengthening intellectual property rights. On the demand side, the book examines what recent research reveals about policies to reduce the barriers impeding smallholder farmers from adopting new technologies. Harvesting Prosperity is the fourth volume of the World Bank Productivity Project, which seeks to bring frontier thinking on the measurement and determinants of productivity to global policy makers. “As rightly argued by the authors, growth in agricultural productivity is the essential instrument to promote development in low-income agriculture-based countries. Achieving this requires research and development, upgrading of universities, reinforcement of farmer capacities, removal of constraints to adoption, and the development of inclusive value chains with interlinked contracts. As important, such efforts also need to be placed within a context of comprehensive agricultural, rural, and structural transformations. However, in many countries implementation of the requisite policies has been lagging. This book, with contributions from many top experts in the field, provides the most up-to-date presentation of this argument and explains in detail how to successfully put its ideas into practice. Governments, the private sector, and civil society organizations need to study it carefully to turn the promise of agriculture for development into a reality.“ Alain de Janvry and Elisabeth Sadoulet Professors of the Graduate School, University of California at Berkeley
Download or read book The Effects of Land Registration on Financial Development and Economic Growth written by Frank F. K. Byamugisha and published by World Bank Publications. This book was released on 1999 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: A theoretical framework to guide empirical analysis of how land registration affects financial development and economic growth.
Download or read book Promoting Investment in Agriculture for Increased Production and Productivity written by Saifullah Syed and published by CABI. This book was released on 2013-11-15 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investing in agriculture is one of the most effective ways of reducing hunger and poverty, promoting agricultural productivity and enhancing environmental sustainability. Covering the development of sustainable agriculture, food production and food security, this paper explains the relationship between all levels of investment and their interdependence to be successful. It also describes how to drive increased investment, at what stage and where, providing a useful overview of investment in agriculture for policymakers and researchers.
Download or read book Structural Reforms and Productivity Growth in Emerging Market and Developing Economies written by Ms.Era Dabla-Norris and published by International Monetary Fund. This book was released on 2016-02-09 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper empirically assesses the role of structural and institutional reforms in driving productivity growth across countries at different stages of development, using a distance-to-frontier framework. It gauges whether particular policies and reforms matter more for increasing productivity growth at the aggregate and sectoral levels for some emerging market and developing economies (EMDEs) than others. Recognizing the possibility of time lags between reform implementation and reform payoffs, the paper also examines how productivity gains from various reforms evolve over the the short- and medium-term.
Download or read book Economic Development and Agricultural Productivity written by Amit Bhaduri and published by Edward Elgar Publishing. This book was released on 1997 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Moving beyond traditional discussion of low agricultural productivity as being primarily determined by technological factors, this volume examines the more complex determinants including the influences of ecology and environmental degradation, the distribution of political power and socio- economic factors, as well as possibilities for biotechnology. Ten contributions are divided into four sections: historical perspectives on productivity in agriculture; the role of the price mechanism in relation to the agricultural sector; the role of class relations and the state in stagnation and growth in agricultural productivity; and ecological sustainability of agricultural productivity growth. Annotation copyrighted by Book News, Inc., Portland, OR
Download or read book Economic Development In Agro Finance Sector written by Dr. Partha Sarathi Banerjee and published by Notion Press. This book was released on 2022-11-19 with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt: Increased agricultural output and a rise in the rural community’s per capita incomes along with industrialization and urbanization lead to increased industrial demand. The agriculture sector, which comprises collective business activities carried out from the farm to the fork, is a significant generator of jobs and income worldwide. Agricultural and agro-industries are the key source of added value for primary agricultural goods, a driver for the growth of the productive value chain, a contributor to increased commodity quality and protection and a service provider for the movement of food from manufacturing to consumption. This study would concentrate on how agriculture can play an important role in improving national finances.
Download or read book Samuelsonian Economics and the Twenty First Century written by Michael Szenberg and published by Oxford University Press. This book was released on 2006-08-24 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The underlying notion in this volume is to spotlight, critically assess, and illuminate Paul A. Samuelson's extraordinarily voluminous, diverse, and groundbreaking contributions that encompass the entire field of economics through the lens of most eminent scholars. All this in honor of his ninetieth birthday celebrated on May 15, 2005 in Fairmont Hotel in Boston in the company of hundreds of scholars and their spouses."--Pref.
Download or read book DAC Guidelines and Reference Series Promoting Pro Poor Growth Policy Guidance for Donors written by OECD and published by OECD Publishing. This book was released on 2007-02-16 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on pro-poor growth and income poverty, Promoting Pro-Poor Growth: Policy Guidance for Donors identifies binding constraints and offers policies and strategies to address them.
