Book

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

Goyal, Aparajita, [author], (World Bank staff), Nash, John, 1953- author, (World Bank staff), World Bank, publisher, Agence franًcaise de dâeveloppement, publisher

Overview

Enhancing the productivity of agriculture is vital for Sub-Saharan Africa's economic future and is one of the most important tools to end extreme poverty and boost shared prosperity in the region. How governments elect to spend public resources has significant development impact in this regard. Choosing to catalyze a shift toward more effective, efficient, and climate-resilient public spending in agriculture can accelerate change and unleash growth. Not only does agricultural public spending in Sub-Saharan Africa lag behind other developing regions but its impact is vitiated by subsidy programs and transfers that tend to benefit elites to the detriment of poor people and the agricultural sector itself. Shortcomings in the budgeting processes also reduce spending effectiveness. In light of this scenario, addressing the quality of public spending and the efficiency of resource use becomes even more important than addressing only the level of spending. Improvements in the policy environment, better institutions, and investments in rural public goods positively affect agricultural productivity. These, combined with smarter use of public funds, have helped lay the foundations for agricultural productivity growth around the world, resulting in a wealth of important lessons from which African policy makers and development practitioners can draw. The rigorous analysis presented in this book provides options for reform with a view to boosting the productivity of African agriculture and eventually increasing development impact.

• Publisher: World Bank
• Subject: Agriculture Economic aspects Africa, Sub-Saharan. / Agricultural productivity Africa, Sub-Saharan. / Agriculture and state Africa, Sub-Saharan. / Agricultural productivity. / Agriculture and state. / Agriculture Economic aspects. / Africa, Sub-Saharan.
• ISBN: 9781464809378, 1464809372

Item info:

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Holdings :

Call Number	Copies	Material	Location
HD2137.G69 2017	1	BOOK	BUSINESS