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Investing in Agriculture for Growth and Food Security in the ACP countries

Author

Listed:
  • Jakob Skoet
  • Kostas Stamoulis

    (Agricultural and Development Economics Division, Food and Agriculture Organization)

  • Annelies Deuss

Abstract

Countries in the ACP region will face significant challenges in the years to come as they try to step up economic growth, deal with increasingly integrated world markets and meet the Millennium Development Goals (MDGs), especially those focused on hunger and poverty. These efforts will take place in the face of declining external assistance and many competing demands on resources. The analysis in the paper shows that agriculture and rural economic activities are essential for growth, poverty reduction and food security especially for the poorer countries in the region. However trends in public resource mobilisation for agriculture and rural development (in terms of both domestic spending and Official Development Assistance) do not reflect that important role. Estimates are provided for incremental public resource needs for the ACP countries to meet the WFS goal of halving hunger by 2015.

Suggested Citation

  • Jakob Skoet & Kostas Stamoulis & Annelies Deuss, 2004. "Investing in Agriculture for Growth and Food Security in the ACP countries," Working Papers 04-22, Agricultural and Development Economics Division of the Food and Agriculture Organization of the United Nations (FAO - ESA).
    • Handle: RePEc:fao:wpaper:0422
    as

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    File URL: ftp://ftp.fao.org/docrep/fao/007/ae404e/ae404e00.pdf
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    References listed on IDEAS

    as
    1. World Bank, 2004. "World Development Indicators 2004," World Bank Publications - Books, The World Bank Group, number 13890.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Elena Kopnova & Lilia Rodionova, 2017. "An Analysis of the Economic Determinants of Food Security in North Africa," HSE Working papers WP BRP 166/EC/2017, National Research University Higher School of Economics.

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    More about this item

    Keywords

    ACP; Agricultural development; Economic growth; Financing; Food security; Investment policies; Production increase; Rural development; Rural development strategies; World markets;
    All these keywords.

    JEL classification:

    • F35 - International Economics - - International Finance - - - Foreign Aid
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development

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