The system of land tenure and other institutional obstacles to agricultural development

Until a short while ago, the backwardness of Latin American agriculture was regarded as essentially a problem of poor distribution of investment or of the rural population’s lack of educational opportunities. Recently, however, more attention has been paid to institutional factors, and it is generally recognized that conditions in the agricultural sector are such that new capital investment is bound to encounter obstacles which make it doubtful that it can yield good returns in terms of increased output.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure

Peace, Justice and Strong Institutions