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This book examines environmental sustainability and inclusive economic growth, providing in-depth analysis of foreign direct investment (FDI) in large-scale agriculture in Ethiopia. In most African states, arable land and other natural resources play a pivotal role for economic growth and development. Ethiopia is one of those countries where agriculture is the backbone of the economy. This sector has also been an attraction for FDI in Sub-Saharan Africa since the global food and financial crisis of 2007 and 2008. This book uses six foreign investments in large-scale agriculture as case studies to examine current Ethiopian policies, the patterns of investment they promote, how these impact on land-based resources and communities' wellbeing. Presenting analyses of the economic, social and political realities of foreign direct investment in the local context, Foreign Direct Investment in Large-Scale Agriculture in Africa discusses how the fundamental principles of pro-poor and environmentally sustainable investments intersect with the government's ambition to advance Ethiopia's development agenda. This book will be of interest to scholars and students of African economics and sustainable development, African policy makers, intergovernmental organisations as well as multilateral and bilateral development partners.
This book examines environmental sustainability and inclusive economic growth, providing in-depth analysis of foreign direct investment (FDI) in large-scale agriculture in Ethiopia. In most African states, arable land and other natural resources play a pivotal role for economic growth and development. Ethiopia is one of those countries where agriculture is the backbone of the economy. This sector has also been an attraction for FDI in Sub-Saharan Africa since the global food and financial crisis of 2007 and 2008. This book uses six foreign investments in large-scale agriculture as case studies to examine current Ethiopian policies, the patterns of investment they promote, how these impact on land-based resources and communities' wellbeing. Presenting analyses of the economic, social and political realities of foreign direct investment in the local context, Foreign Direct Investment in Large-Scale Agriculture in Africa discusses how the fundamental principles of pro-poor and environmentally sustainable investments intersect with the government's ambition to advance Ethiopia's development agenda. This book will be of interest to scholars and students of African economics and sustainable development, African policy makers, intergovernmental organisations as well as multilateral and bilateral development partners.
Since 1999, the World Bank & the International Monetary Fund encourage developing countries to prepare poverty reduction strategies (PRSs), which are nationally integrated strategies formulated through a participatory process & coordinated with donors. This book, therefore, aims to contribute to the development, implementation, monitoring & evaluation of effective PRS, especially the Sustainable Development & Poverty Reduction Programme of Ethiopia. With reference to existing studies, the book justifies the need for a national strategy for sustainable development (NSSD) & identifies the principles and criteria for evaluating such strategies in relation to environmental, social and economic integration; the nature of the policy processes; targeting & resourcing. It then explains that NSSD & PRS have common characteristics and hence the criteria for NSSD evaluation can also be used for PRS. Based on the analysis, recommendations on Ethiopia's SDPRP 2002 have been made that could assist policy-makers, development workers and other concerned parties in their efforts to develop an effective sustainable development and poverty reduction strategies.
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