The State of Food and Agriculture 2012

Investing in Agriculture for a Better Future

image of The State of Food and Agriculture 2012

This edition of The State of Food and Agriculture shows that farmers are the largest investors in developing country agriculture and argues, therefore, that farmers and their investment decisions must be central to any strategy aimed at improving agricultural investment. The report also presents evidence showing how public resources can be used more effectively to catalyse private investment, especially by farmers themselves, and to channel public and private resources towards more socially beneficial outcomes. The focus of this report is on the accumulation of capital by farmers in agriculture and the investments made by governments to facilitate this accumulation.




Recent food crises and growing concerns about global climate change have placed agriculture on top of the international agenda. Governments, international organizations, and civil society groups gathered at the Group of Eight (G8), the Group of Twenty Finance Ministers and Central Bank Governors (G20) and Rio+20 summits in 2012 have recognized a convergence between the dual goals of eradicating hunger and making agriculture sustainable. Achieving these goals will require a significant increase in agricultural investment but, more importantly, it will require improving the quality of this investment.


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