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Author: Aparajita Goyal Publisher: World Bank Publications ISBN: 1464809402 Category : Business & Economics Languages : en Pages : 361
Book Description
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. 'Reaping Richer Returns: Public Spending Priorities for African Agriculture Productivity Growth' will be of particular interest to policy makers, development practitioners, and academics. 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.
Author: Aparajita Goyal Publisher: World Bank Publications ISBN: 1464809402 Category : Business & Economics Languages : en Pages : 361
Book Description
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. 'Reaping Richer Returns: Public Spending Priorities for African Agriculture Productivity Growth' will be of particular interest to policy makers, development practitioners, and academics. 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.
Author: Kathleen Beegle Publisher: World Bank Publications ISBN: 1464812330 Category : Business & Economics Languages : en Pages : 481
Book Description
Sub-Saharan Africa's turnaround over the past couple of decades has been dramatic. After many years in decline, the continent's economy picked up in the mid-1990s. Along with this macroeconomic growth, people became healthier, many more youngsters attended schools, and the rate of extreme poverty declined from 54 percent in 1990 to 41 percent in 2015. Political and social freedoms expanded, and gender equality advanced. Conflict in the region also subsided, although it still claims thousands of civilian lives in some countries and still drives pressing numbers of displaced persons. Despite Africa’s widespread economic and social welfare accomplishments, the region’s challenges remain daunting: Economic growth has slowed in recent years. Poverty rates in many countries are the highest in the world. And notably, the number of poor in Africa is rising because of population growth. From a global perspective, the biggest concentration of poverty has shifted from South Asia to Africa. Accelerating Poverty Reduction in Africa explores critical policy entry points to address the demographic, societal, and political drivers of poverty; improve income-earning opportunities both on and off the farm; and better mobilize resources for the poor. It looks beyond macroeconomic stability and growth—critical yet insufficient components of these objectives—to ask what more could be done and where policy makers should focus their attention to speed up poverty reduction. The pro-poor policy agenda advanced in this volume requires not only economic growth where the poor work and live, but also mitigation of the many risks to which African households are exposed. As such, this report takes a "jobs" lens to its task. It focuses squarely on the productivity and livelihoods of the poor and vulnerable—that is, what it will take to increase their earnings. Finally, it presents a road map for financing the poverty and development agenda.
Author: World Bank Publisher: World Bank Publications ISBN: 1464819521 Category : Business & Economics Languages : en Pages : 333
Book Description
Global growth is projected to slow significantly in the second half of this year, with weakness continuing in 2024. Inflation pressures persist, and tight monetary policy is expected to weigh substantially on activity. The possibility of more widespread bank turmoil and tighter monetary policy could result in even weaker global growth. Rising borrowing costs in advanced economies could lead to financial dislocations in the more vulnerable emerging market and developing economies (EMDEs). In low-income countries, in particular, fiscal positions are increasingly precarious. Comprehensive policy action is needed at the global and national levels to foster macroeconomic and financial stability. Among many EMDEs, and especially in low-income countries, bolstering fiscal sustainability will require generating higher revenues, making spending more efficient, and improving debt management practices. Continued international cooperation is also necessary to tackle climate change, support populations affected by crises and hunger, and provide debt relief where needed. In the longer term, reversing a projected decline in EMDE potential growth will require reforms to bolster physical and human capital and labor-supply growth.
Author: Harry de Gorter Publisher: Springer Nature ISBN: 303077760X Category : Business & Economics Languages : en Pages : 519
Book Description
This volume celebrates the life and career of Gordon Rausser, pioneer and leader in natural resource economics, while critically overviewing the emerging literature in the field. As the chair of the Agriculture and Resource Economics department at UC Berkeley, Rausser led the transformation of the department from a traditional agricultural economics department to a diverse resource economics department addressing issues of agriculture, food, natural resources, environmental economics, energy, and development. This book builds on this theme, showcasing not only the scope of Rausser's work but also key developments in the field. The volume is organized into two parts. The first part speaks about the lessons of Gordon Rausser's career, in particular, his role as a leader in different spheres, his capacity to integrate teaching and entrepreneurship, and his impact on the world food system. The second part will address some of the significant developments in the field he contributed to and how it relates to his work. The chapters include contributions from modern leaders in the economics field and cover diverse topics from many subfields including public policy, public finance, law, econometrics, macroeconomics, and water resources. Providing an excellent reference, as well as a celebration of a pivotal figure in the field, this volume will be useful for practitioners and scholars in agricultural and resource economics, especially the many individuals familiar with Gordon Rausser and his career.
Author: World Bank Group Publisher: World Bank Publications ISBN: 1464814694 Category : Business & Economics Languages : en Pages : 600
Book Description
Global growth is projected to be slightly faster in 2020 than the post-crisis low registered last year. While growth could be stronger if reduced trade tensions lead to a sustained reduction in uncertainty, the balance of risks to the outlook is to the downside. Growth in emerging market and developing economies is also expected to remain subdued, continuing a decade of disappointing outcomes. A steep and widespread productivity growth slowdown has been underway in these economies since the global financial crisis, despite the largest, fastest, and most broad-based accumulation of debt since the 1970s. In addition, many emerging market and developing economies, including low-income countries, face the challenge of phasing out price controls that impose heavy fiscal cost and dampen investment. These circumstances add urgency to the need to implement measures to rebuild macroeconomic policy space and to undertake reforms to rekindle productivity growth. These efforts need to be supplemented by policies to promote inclusive and sustainable long-term growth and accelerate poverty alleviation. Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing countries, on a semiannual basis (in January and June). The January edition includes in-depth analyses of topical policy challenges faced by these economies, whereas the June edition contains shorter analytical pieces.
Author: Bal Ram Singh Publisher: Springer Nature ISBN: 3030375374 Category : Science Languages : en Pages : 624
Book Description
This book discusses knowledge-based sustainable agro-ecological and natural resource management systems and best practices for sustained agricultural productivity and ecosystem resilience for better livelihoods under a changing climate. With a focus on agriculture in Africa, the book assesses innovative technologies for use on smallholder farms, and addresses some of the key Sustainable Development Goals to guide innovative responses and enhanced adaptation methods for coping with climate change. Contributions are based on 'Capacity Building for Managing Climate Change in Malawi' (CABMACC), a five-year program with an overall goal to improve livelihoods and food security through innovative responses and enhanced capacity of adaptation to climate change. Readers will discover more about sustainable crop production, climate smart agriculture, on-farm energy supply from biogas and the potential of soil carbon sequestration in crop-livestock systems.
Author: Moussa P. Blimpo Publisher: World Bank Publications ISBN: 1464814899 Category : Business & Economics Languages : en Pages : 194
Book Description
Un accès fiable à l’électricité est un impératif pour toute économie moderne. La révolution numérique en fait davantage une exigence cruciale. Et pourtant, le taux d’accès à l’électricité en Afrique subsaharienne reste substantiellement faible. Les ménages et les entreprises sont confrontés à des problèmes de fiabilité et les coûts d’accès et d’usage sont parmi les plus élevés au monde. Cette situation constitue une contrainte majeure pour l’activité économique, la pénétration des nouvelles technologies de l’information, la qualité du service publique et le bien-être social. L’essentiel des efforts visant à garantir la fiabilité du service et à optimiser les coûts s’est focalisé sur l’atténuation des problèmes liés à l’offre. L’offre se caractérise en effet par des investissements inadéquats dans l’entretien des infrastructures entrainant des pertes techniques et financières importantes. Les échanges inter-Etats en matière d’énergie, qui éventuellement pourraient réduire les coûts liés à l’offre demeurent très faibles. Au-delà de l’offre, les contraintes liées à la demande sont parfois beaucoup plus sévères. Alors que la volonté de souscrire au service reste assez faible dans la plupart des communautés, le niveau d’utilisation ne s’est considérablement pas amélioré pour les ménages connectés au réseau. Une croissance de la consommation de l’électricité pourrait dès lors stimuler de nouveaux investissements et progressivement palier au déficit d’accès. Comment y parvenir ? Le livre Accès à l’electricité en Afrique subsaharienne démontre la pertinence d’aborder cette problématique principalement sous l’angle de la pauvreté et du manque d’opportunités plutôt que dans la perspective d’un défi lié à l’accès à l’énergie. L’objectif principal est de permettre non seulement aux ménages et aux entreprises d’avoir un accès fiable à l’électricité et les moyens d’en utiliser, mais surtout de faire en sorte que les compagnies d’électricité puissent recouvrer les coûts de production et de faire du profit. La solution est un mix complexe de facteurs financiers, politiques et géographiques. Le livre recommande que les décideurs adoptent une approche plus globale en mettant l’accent sur les objectifs de développement de long-terme et en se focalisant sur l’usage productif. Cette approche nécessite d’accorder plus d’importance aux problèmes de fiabilité et de systématiquement penser aux facteurs complémentaires nécessaires pour faciliter la promotion des activités génératrices de revenus.
Author: Weltbankgruppe Publisher: World Bank Publications ISBN: 1464820430 Category : Languages : en Pages : 130
Book Description
Growth in Sub-Saharan Africa is expected to slow to 2.5 percent in 2023 from 3.6 percent in 2022. It is projected to increase to 3.7 percent in 2024 and 4.1 percent in 2025. However, in per capita terms, the region is projected to slightly contract over 2015-2025. The region faces many challenges, including a "lost decade" of sluggish growth, persistently low per capita income, mounting fiscal pressures exacerbated by high debt burdens, and an urgent need for job creation. Tackling these multifaceted issues requires comprehensive reforms to promote economic prosperity, reduce poverty, and create sustainable employment opportunities in the region. This will require an ecosystem that facilitates firm entry, stability, growth, and skill development that matches business demand.
Author: Uma Lele Publisher: Oxford University Press ISBN: 0198755171 Category : Business & Economics Languages : en Pages : 1063
Book Description
This book is a historical review of international food and agriculture since the founding of the international organizations following the Second World War, including the World Bank and the Food and Agriculture Organization of the United Nations (FAO), the World Food Programme (WFP) and into the 1970s, when CGIAR was established and the International Fund for Agricultural Development (IFAD) was created to recycle petrodollars. Despite numerous international consultations and an increased number of actors, there has been no real growth in international assistance, except for the work of the Bill and Melinda Gates Foundation. The book concurrently focuses on the structural transformation of developing countries in Asia and Africa, with some making great strides in small farmer development and in achieving structural transformation of their economies. Some have also achieved Sustainable Development Goals (SDGs), particularly SDG2, but most have not. Not only are some countries, particularly in South Asia and sub-Saharan Africa, lagging behind, but they face new challenges of climate change, competition from emerging countries, population pressure, urbanization, environmental decay, and dietary transition. Lagging developing countries need huge investments in human capital, and physical and institutional infrastructure, to take advantage of rapid change in technologies, but the role of international assistance in financial transfers has diminished. The COVID-19 pandemic has not only set many poorer countries back but starkly revealed the weaknesses of past strategies. Transformative changes are needed in developing countries with international cooperation to achieve better outcomes. Will change in the United States bring new opportunities for multilateral cooperation?"--
Author: Kaleb G. Abreha Publisher: World Bank Publications ISBN: 1464818762 Category : Business & Economics Languages : en Pages : 310
Book Description
Génératrice d’emplois et de productivité, l’industrialisation est un vecteur de croissance qui coïncide souvent avec l’accélération du développement dans les économies les plus avancées. Cela étant, du fait de la rapidité des avancées technologiques et des restructurations qu’a connues le commerce international, certains chercheurs et décideurs remettent aujourd’hui en cause les contributions de l’industrie manufacturière au développement dans les Etats où son apparition est tardive. Dans le même temps, l’industrialisation et les transformations structurelles font partie intégrante de l’Agenda 2063 de l’Union africaine et des stratégies de développement de nombreux pays d’Afrique sub-saharienne. A la lumière de ce regain d’intérêt pour l’industrialisation dans l’ensemble de la région, il importe moins de savoir si les pays d’Afrique sub-saharienne doivent considérer l’industrialisation comme l’une des voies vers la croissance durable que de promouvoir effi cacement les perspectives ouvertes par cette dernière. L’industrialisation en Afrique subsaharienne : Saisir les opportunités offertes par les chaînes de valeur mondiales se penche sur cette question en proposant de réévaluer les perspectives d’industrialisation des pays d’Afrique sub-saharienne au travers de leur intégration dans les chaînes de valeur mondiales et en examinant le rôle de la politiques dans le renforcement de ces perspectives.Les principaux enseignements de cette étude indiquent que • L’Afrique sub-saharienne n’a pas connu de désindustrialisation précoce; au contraire, la région a bénéfi cié d’une croissance substantielle de l’emploi manufacturier en dépit d’une contribution toujours limitée de la valeur ajoutée industrielle au PIB. • L’intégration de la région aux chaînes de valeur industrielles mondiales reste relativement élevée, bien qu’elle soit marquée par la présence dominante des produits primaires et par le recours à l’emploi peu qualifi é. • L’intégration aux chaînes de valeur mondiales conduit à des créations d’emplois et l’intégration verticale en amont permet d’en créer encore davantage. Le présent ouvrage souligne l’importance des politiques dans le maintien d’un marché compétitif, dans la promotion d’une hausse de la productivité, dans l’encouragement du développement des compétences et dans l’accompagnement de secteurs tels que les infrastructures et la fi nance. Les décideurs politiques peuvent renforcer les connections des chaînes de valeur mondiales 1) en augmentant la valeur ajoutée des produits d’export existants, 2) en encourageant la reconversion vers l’emploi hautement qualifi é et 3) en créant des avantages comparatifs pour les industries centrées sur les savoirs.
Author: Aparajita Goyal
Author: Aparajita Goyal
Author: Kathleen Beegle
Author: World Bank
Author: Harry de Gorter
Author: World Bank Group
Author: Bal Ram Singh
Author: Moussa P. Blimpo
Author: Weltbankgruppe
Author: Uma Lele
Author: Kaleb G. Abreha