Cart
Free Shipping in Australia
Proud to be B-Corp

Reaping richer returns Aparajita Goyal

Reaping richer returns By Aparajita Goyal

Reaping richer returns by Aparajita Goyal


$91.39
Condition - New
Only 2 left

Summary

A crucial element in enhancing agricultural productivity growth in Africa is improving the provision of productive investments through more and better public spending in agriculture. Agricultural public spending in Africa not only lags behind other developing regions, it is also vitiated by misinvestment such as input subsidies programs and transfers that tend to benefit the better off.

Reaping richer returns Summary

Reaping richer returns: public spending priorities for African agriculture productivity growth by Aparajita Goyal

A crucial element in enhancing agricultural productivity growth in Africa is improving the provision of productive investments through more and better public spending in agriculture. Agricultural public spending in Africa not only lags behind other developing regions by several metrics of volume, it is also vitiated by misinvestment such as input subsidies programs and transfers that tend to benefit the better off, with insignificant gains for the poor. Shortcomings of the budgeting process also reduce spending effectiveness. Addressing the quality of public spending and the efficiency of resource use is perhaps even more important than addressing the level of spending. Investments in rural public goods combined with better policies and institutions have driven agricultural productivity growth around the world. The dividends from investments to strengthen markets, expand irrigation, develop and adopt improved technologies can be enormous. Despite high returns on such investments, Sub-Saharan African countries grossly underinvest in them. Rebalancing the composition of public agricultural spending would reap massive payoffs. To realize these benefits requires better choices about how to allocate public agricultural spending and how to ensure that budget processes support those allocations. And making those choices will require overcoming the inertia in policymaking that favors continuing with today s inefficient spending and that favors short-term visible programs over much higher, if less visible, long-term gains.

Additional information

NLS9781464809378
9781464809378
1464809372
Reaping richer returns: public spending priorities for African agriculture productivity growth by Aparajita Goyal
New
Paperback
World Bank Publications
2017-02-28
250
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a new book - be the first to read this copy. With untouched pages and a perfect binding, your brand new copy is ready to be opened for the first time

Customer Reviews - Reaping richer returns