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Agricultural Investment and Productivity provides a deep and systematic look at the opportunities for and constraints to investments in sustainable agriculture in East Africa, offering important insights into what works and how to analyze agricultural investments in one of the poorest regions of the world. The book critically examines the reasons behind East Africa's stagnant agricultural productivity over the past forty-five years, using the primary lens of investments in fertilizers, seeds, and sustainable land management technologies, These investments have a tremendous impact on production volume, ultimately affecting the income of millions of families throughout the region.
The respective roles of public and private sector institutions engaged in development and dissemination of agricultural information are currently undergoing dramatic change. Enhanced incentives, new technologies, and changes in industrial organization are spurring private investment. Simultaneously, political and economic conditions are constraining public agencies' participation in the current information boom. Privatization of Information and Agricultural Industrialization identifies the basis and implications of the ongoing shift from public to private sector control of agricultural information. Privatization of information raises meaningful social, economic, and environmental concerns deserving of immediate attention by analysts, advocates, policy makers, and those with a direct economic stake in agriculture. The objectives of the book are to:
This book answers the questions: What is happening to American agriculture, and why? Steven C. Blank uses portfolio theory to analyze both macro- and microeconomic data that paints a clear picture of the trends in agriculture, and explains why these trends are consistent with market evolution and global economic development. He clarifies agriculture's specific role in economic development with a focus on the current and future globalizing commodity markets.The book features empirical research that demonstrates the link between farm-level investment decisions and regional and national economic trends. It shows how the dynamic environment of industrialization and globalization of agriculture is part of a continuing development that is driven by technological innovation. This all points to a future with a very different agricultural production sector and some extremely important policy choices that will face the entire country.