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Globalisation and Food Sovereignty: Impact of Foreign Direct Investments and Government Expenditure in Ghana in 2001-2010

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  • Martin Páral

    (Department of finances (PEF), Brno Mendel University Brno, Zemědelská 1, Brno 113 00, Czech Republic)

  • Petr Blížkovský

    (Faculty of Regional Development and International Studies, Mendel University in Brno, třída Generála Píky 2005/7, Brno, Czech Republic
    General Secretariat Council of the EU, rue de la Loi 185, Brussels, 1048, Belgium)

Abstract

The article looks at the globalisation effects on food availability in Ghana. The aim of the article is to analyse which of the selected macroeconomic indicators have a statistically significant impact on the increase of food availability in the country. Impacts of foreign direct investments on agriculture and government expenditures in agriculture have been tested. Correlation analyses and multiple regression analyses have been used to analyse the test results.Findings suggest that change in both foreign direct investments in agriculture and government expenditures in agriculture cause significant change in food availability in Ghana. At the same time, the impact of government expenditures on the amount of available food is in the case of Ghana more than two-times higher than the impact of agricultural foreign direct investments, while the increase in government expenditures in agriculture does not cause a decrease in foreign direct investments in agriculture.

Suggested Citation

  • Martin Páral & Petr Blížkovský, 2019. "Globalisation and Food Sovereignty: Impact of Foreign Direct Investments and Government Expenditure in Ghana in 2001-2010," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 67(1), pages 325-331.
    • Handle: RePEc:mup:actaun:actaun_2019067010325
    DOI: 10.11118/actaun201967010325
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    References listed on IDEAS

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    1. Brian J. Aitken & Ann E. Harrison, 2022. "Do Domestic Firms Benefit from Direct Foreign Investment? Evidence from Venezuela," World Scientific Book Chapters, in: Globalization, Firms, and Workers, chapter 6, pages 139-152, World Scientific Publishing Co. Pte. Ltd..
    2. R. Ramakumar, 2012. "Large‐scale Investments in Agriculture in India," IDS Bulletin, Blackwell Publishing, vol. 43, pages 92-103, July.
    3. Adom, Philip Kofi, 2014. "Determinants of food availability and access in Ghana: what can we learn beyond the regression results?," Studies in Agricultural Economics, Research Institute for Agricultural Economics, vol. 116(3), pages 1-12, December.
    4. Dries, Liesbeth & Swinnen, Johan F. M., 2004. "Foreign Direct Investment, Vertical Integration, and Local Suppliers: Evidence from the Polish Dairy Sector," World Development, Elsevier, vol. 32(9), pages 1525-1544, September.
    5. World Bank, 2013. "Basic Agricultural Public Expenditure Diagnostic Review (2000-2013) : Malawi," World Bank Publications - Reports 20122, The World Bank Group.
    6. World Bank, 2013. "Basic Agricultural Public Expenditure Diagnostic Review : Ghana's Ministry of Food and Agriculture [Ghana - Revue diagnostique des dépenses publiques de base dans le secteur agricole - Ministere de," World Bank Publications - Reports 16734, The World Bank Group.
    7. World Bank, 2013. "Guinea : Basic Agricultural Public Expenditure Diagnostic Review (2003-2012), Main Report," World Bank Publications - Reports 20121, The World Bank Group.
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