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The state of food and agriculture 2012 (Paperback)
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The state of food and agriculture 2012 (Paperback)
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Investing in agriculture is essential for reducing hunger and
promoting sustainable agricultural production. Those parts of the
world where agricultural capital per worker and public investments
in agriculture have stagnated are the epicenters of poverty and
hunger today. Demand growth over the coming decades will place
increasing pressure on the natural resource base. Eradicating
hunger sustainably will require a significant increase in
agricultural investments, but also an improvement in their
effectiveness. Farmers are the largest investors in developing
country agriculture and must be central to any strategy for
increasing investment in the sector, but if they are to invest more
in agriculture they need a favorable climate for agricultural
investment based on economic incentives and an enabling
environment. Governments also have a special responsibility to help
smallholders overcome the constraints they face in expanding their
productive assets and to ensure that large-scale investments in
agriculture are socially beneficial and environmentally
sustainable. Government investment in agriculture is a crucial
component of providing an enabling environment for private
investments in the sector. Governments need to channel scarce
public funds towards the provision of essential public goods with
high economic and social returns.
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