Download or read book Transforming Agribusiness in Nigeria for Inclusive Recovery Jobs Creation and Poverty Reduction written by Elliot Mghenyi and published by World Bank Publications. This book was released on 2022-02-08 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nigeria has for decades placed enormous emphasis on diversifying its economy beyond oil and into sectors such as agribusiness and manufacturing. Lack of progress on the diversification agenda could be blamed on weak implementation and misalignment of public spending, but it also reflects more profound underlying issues. For example, declarations that any particular sector should drive diversification without offering clarity on specific investment priorities and expected outcomes will not persuade budget holders to allocate development resources. The lack of clarity also deprives policy makers and practitioners of the information, inspiration, and conviction to develop and execute sector plans that could operationalize diversification. Transforming Agribusiness in Nigeria for Inclusive Recovery, Jobs Creation, and Poverty Reduction: Policy Reforms and Investment Priorities aims to provide that clarity by illustrating the potential of the agribusiness sector to accelerate inclusive growth, create jobs, and reduce poverty. Building on an early finding that this sector provides the best prospects for inclusive growth and more and better jobs, the book identifies the specific agricultural value chains with the highest potential to create jobs, reduce poverty, and improve nutrition outcomes. The findings demonstrate, however, that the value chains with the most potential to pursue one policy objective are not necessarily as effective for other objectives, clearly calling for selectivity of value chains, depending on policy objectives. The book also estimates the level of growth required to meet specific jobs targets and finds that the growth burden is lower when on-farm and off-farm segments of agribusiness grow in tandem and higher if either segment stagnates. It concludes that a whole-of-agribusiness approach that emphasizes coordinated investments between on-farm and off-farm segments is needed to enable the sector to meet its potential in creating jobs and generating inclusive growth.
Download or read book Nigeria Transforming Agribusiness for Inclusive Recovery Jobs Creation and Poverty Reduction written by Chidozie Anyiro and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern economic policy making in Nigeria has placed enormous emphasis on diversification of the economy to non-oil productive sectors. With the aim to restore economic growth following the 2015-16 recession and lay the foundations for long-term structural change, the economic growth and recovery plan (ERGP) recognized the need to diversify the economy to non-oil productive sectors such as agriculture and agro-allied industries, in order to build an economy that can generate inclusive growth and create jobs. This report aims to improve understanding of the potential of the agribusiness sector (primary agriculture plus off-farm agribusiness) to accelerate inclusive recovery from the 2020 recession, create jobs, and reduce poverty. A key early finding of the report is that the agribusiness sector is critical to accelerating inclusive recovery and creating jobs. The report builds on this evidence to identify the specific value chain groups that have most potential to create jobs, reduce poverty, and improve nutrition outcomes. Next, the report offers to highlight the complex set of factors that mediate the performance of agricultural value chains, distinguishing between issues that pertain to upstream primary agriculture, those that affect downstream off-farm agribusiness and cross-cutting challenges. The agribusiness enabling environment takes center stage in this part of the report, focusing on policy reforms around seed regulations, fertilizers quality control, warehouse receipts, and agricultural trade. Finally, the report takes deep dives to identify reforms to increase competitiveness in the value chains that were found to have the most potential to create jobs, reduce poverty, and improve nutrition outcomes.
Download or read book Handbook of Research on Global Aspects of Sustainable Finance in Times of Crises written by Gok, Ibrahim Yasar and published by IGI Global. This book was released on 2021-11-19 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainable finance has been one of the emerging areas of finance in the last decade. With its emphasis on any form of financial services that take environmental, social and governance (ESG) considerations into account in decision-making processes, it can help to improve social well-being, preserve the ecosystems and promote sustainable economic development. Furthermore, it can contribute to economic and financial resilience, along with enabling sustainable recovery against crises arising from physical or financial shocks. The Handbook of Research on Global Aspects of Sustainable Finance in Times of Crises discusses theory and concepts, focuses on practices and strategies, addresses the recent challenges and trends, and presents future prospects regarding sustainable finance. It provides a global look at sustainable finance in a variety of contexts, along with highlighting contemporary issues in light of crises such as the climate emergency and the COVID-19 pandemic. Covering a wide range of topics such as climate finance, green finance, social finance, ESG investing and responsible banking, the book is ideal for corporate managers, portfolio managers, investors, financial analysts, researchers, academicians, students and policymakers.
Download or read book Against All Odds written by Leon Hesser and published by AuthorHouse. This book was released on 2019-09-24 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about the journey of Dr. Akinwumi Adesina and his mission to end poverty in Africa. Growing out of poverty and witnessing hardships of being poor, he set his life mission as giving hope to millions of the poor in rural Africa. A globally respected economist with decades of experience working in some of the worlds’ leading organizations including the Rockefeller Foundation and global agricultural research centers, Dr. Adesina’s work and passion continues to guide and shape global efforts on transforming Africa’s agriculture to create wealth for its farmers. As Nigeria’s Minister of Agriculture, he led bold reforms that cut out corruption and helped to lift over 15 million farmers out of poverty within four years. Awarded the World Food Prize in 2017 for his work, Dr. Adesina is relentless and selfless, donating his $250,000 prize to support Africa’s youth to become global hunger fighters. As President of the African Development Bank - Africa’s premier development finance institution - Dr. Adesina is driving the Bank’s $25 billion investment to help Africa turn agriculture into wealth and achieve food security. The book is a palpable story of this man’s determination to help Africa feed itself, Against All Odds, following the footpath of his mentor, Dr. Norman Borlaug, Nobel Peace Prize Winner, the man who fed the world.
Download or read book Emerging Technologies and Marketing Strategies for Sustainable Agriculture written by Garwi, Jabulani and published by IGI Global. This book was released on 2024-04-09 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the face of escalating environmental challenges and growing concerns about food security, the agricultural industry is at a critical juncture. Conventional farming practices deplete natural resources, pollute the environment, and contribute to climate change. This unsustainable approach is jeopardizing the future of agriculture and endangering the well-being of communities worldwide. To address these pressing issues, an urgent need for transformative solutions that promote sustainability and resilience in agriculture. Emerging Technologies and Marketing Strategies for Sustainable Agriculture offers a compelling solution to the agricultural industry's challenges. The book demonstrates the transformative power of sustainable agriculture and marketing by showcasing inspiring case studies and innovative approaches worldwide. It provides practical insights and strategies for creating a more sustainable and resilient food system, empowering farmers, policymakers, educators, and consumers to make informed decisions and take action towards a more sustainable future.
Download or read book Delving deeper into the agricultural transformation and youth employment nexus written by Adesugba, Margaret Abiodun and published by Intl Food Policy Res Inst. This book was released on 2016-04-19 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Youth employment is not an entirely new topic for research and policy. Recent estimates from the International Labour Organisation (ILO) (2013a) suggest that high and rising unemployment rates among youth remain a key challenge to global development, especially in the developing world. This is particularly important in sub-Saharan Africa where about 85 percent of youth (defined by the ILO as all those between the ages of 15 and 24 years) are poor, 70 percent live in rural areas where agriculture is the main source for their income and subsistence, and 11 million youth are expected to enter the labor market every year for the next decade (World Bank 2014). These characteristics of youth in sub-Saharan Africa justify the centrality of the nexus between youth employment and agriculture in formulating development policy on the continent. At the same time, youth unemployment is currently one of the issues receiving attention at the top of the global development agenda.
Download or read book Poverty Reduction and the Nigeria Agricultural Sector written by F. Okunmadewa and published by . This book was released on 2002 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Agricultural Growth and Investment Options for Poverty Reduction in Nigeria written by Xinshen Diao and published by . This book was released on 2010 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study uses an economy-wide, dynamic computable general equilibrium (DCGE) model to analyze the ability of growth in various agricultural subsectors to accelerate overall economic growth and reduce poverty in Nigeria over the next years (2009-17). In addition, econometric methods are used to assess growth requirements in agricultural public spending and the relationship between public services and farmers' use of modern technology. The DCGE model results show that if certain agricultural subsectors can reach the growth targets set by the Nigerian government, the country will see 9.5 percent annual growth in agriculture and 8.0 percent growth of GDP over the next years. The national poverty rate will fall to 30.8 percent by 2017, more than halving the 1996 poverty rate of 65.6 percent and thereby accomplishing the first Millennium Development Goal (MDG1). This report emphasizes that in designing an agricultural strategy and prioritizing growth, it is important to consider the following four factors at the subsectoral level: (i) the size of a given subsector in the economy; (ii) the growth-multiplier effects occurring through linkages of the subsector with the rest of the economy; (iii) the subsector-led poverty reduction-growth elasticity; and (iv) the market opportunities and price effects for individual agricultural products. In analyzing the public investments that would be required to support a 9.5 percent annual growth in agriculture, this study first estimates the growth elasticity of public investments using historical spending and agricultural total factor productivity (TFP) growth data. The results show that a 1 percent increase in agricultural spending is associated with a 0.24 percent annual increase in agricultural TFP. With such low elasticity, agricultural investments must grow at 23.8 percent annually to support a 9.5 percent increase in agriculture. However, if the spending efficiency can be improved by 70 percent, the required agricultural investment growth becomes 13.6 percent per year. The study also finds that investments outside agriculture benefit growth in the agricultural sector. Thus, assessments of required growth in agricultural spending should include the indirect effects of nonagricultural investments and emphasize the importance of improving the efficiency of agricultural investments. To further show that efficiency in agricultural spending is critically important to agricultural growth, this study utilizes household-level data to empirically show that access to agricultural services has a significantly positive effect on the use of modern agricultural inputs.
Download or read book Re Engineering Agriculture for Enhanced Performance Through Financing written by Taiwo Ejiola Mafimisebi and published by . This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Insufficient institutional credit is a major contributor to the persistent poor performance of the Nigerian agricultural sector. To encourage financial institutions to increase lending to the sector, a partial credit guarantee scheme was instituted. The scheme commenced operations in 1978 with an authorized capital of N 100.00 million, subscribed to 60% and 40% by the Federal Government of Nigeria and the Central Bank of Nigeria, respectively. This paper presents an appraisal of the scheme. The results revealed that there has been continuous growth in paid-up share capital, total fund resources, maximum amount of loan obtainable by farmers, number and value of loans guaranteed, volume and value of loans fully repaid and volume and value of default claims settled. There was a long-run convergence between the number and volume of guaranteed loans and the agricultural GDP. This finding indicates the need to expand the quantum of funds available for guaranteeing agricultural loans to increase performance of the agricultural sector in the long run. This step is justified by the strategic role of agriculture in the Nigerian economy in terms of food and fiber production, job creation, income generation, poverty reduction and economic stability.
Download or read book Agribusiness for Africa s Prosperity written by United Nations Industrial Development Organization and published by UN. This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, a renewed focus on agriculture has been evident in policy and development agendas for the African continent, yet little knowledge has been generated on the interlinkages of production, agroindustry and markets, as well as the potentials and challenges for developing these. This publication analyzes the challenges, the potential and opportunities of African agribusiness in the current period of dramatic changes in global agro-industrial markets, and builds a case for agribusiness development as a path to Africa's prosperity. Written by international experts, from agribusiness practitioners, to academic experts and UN technical agencies, this volume fills what the United Nations Industrial Development Organization perceived as a significant gap in knowledge concerning these issues.
Download or read book Inclusive Green Growth written by World Bank and published by World Bank Publications. This book was released on 2012-05-01 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inclusive Green Growth: The Pathway to Sustainable Development makes the case that greening growth is necessary, efficient, and affordable. Yet spurring growth without ensuring equity will thwart efforts to reduce poverty and improve access to health, education, and infrastructure services.
Download or read book Farming Systems and Poverty written by John A. Dixon and published by Food & Agriculture Org.. This book was released on 2001 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: A joint FAO and World Bank study which shows how the farming systems approach can be used to identify priorities for the reduction of hunger and poverty in the main farming systems of the six major developing regions of the world.
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 390 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'.
Download or read book World Development Report 2017 written by World Bank Group and published by World Bank Publications. This book was released on 2017-01-23 with total page 605 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why are carefully designed, sensible policies too often not adopted or implemented? When they are, why do they often fail to generate development outcomes such as security, growth, and equity? And why do some bad policies endure? World Development Report 2017: Governance and the Law addresses these fundamental questions, which are at the heart of development. Policy making and policy implementation do not occur in a vacuum. Rather, they take place in complex political and social settings, in which individuals and groups with unequal power interact within changing rules as they pursue conflicting interests. The process of these interactions is what this Report calls governance, and the space in which these interactions take place, the policy arena. The capacity of actors to commit and their willingness to cooperate and coordinate to achieve socially desirable goals are what matter for effectiveness. However, who bargains, who is excluded, and what barriers block entry to the policy arena determine the selection and implementation of policies and, consequently, their impact on development outcomes. Exclusion, capture, and clientelism are manifestations of power asymmetries that lead to failures to achieve security, growth, and equity. The distribution of power in society is partly determined by history. Yet, there is room for positive change. This Report reveals that governance can mitigate, even overcome, power asymmetries to bring about more effective policy interventions that achieve sustainable improvements in security, growth, and equity. This happens by shifting the incentives of those with power, reshaping their preferences in favor of good outcomes, and taking into account the interests of previously excluded participants. These changes can come about through bargains among elites and greater citizen engagement, as well as by international actors supporting rules that strengthen coalitions for reform.
Download or read book Creating Decent Jobs written by Célestin Monga and published by . This book was released on 2019-06-10 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Energy Prices written by and published by . This book was released on 1984 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Asian Green Revolution written by Peter B.R. Hazell and published by Intl Food Policy Res Inst. This book was released on with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
