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International investment in developing country agriculture - issues and challenges. (Special Issue: Food security in the Arab world - partnerships for a sustainable future: papers prepared for a review of food security in the Arab region.)

机译:对发展中国家农业的国际投资-问题和挑战。 (特刊:阿拉伯世界的粮食安全-可持续发展的伙伴关系:为审查阿拉伯区域的粮食安全而准备的文件。)

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摘要

The recent surge of international investment in developing country agriculture has generated considerable debate. Some of the largest transactions involve investors from the Gulf States purchasing or leasing land in poor, food-insecure African countries, to grow food that will be exported back to the investing country. Unlike the investments of the past, these are resource-seeking rather than market-seeking, and involve acquisition of land and actual production rather than looser forms of joint venture. Investing countries appear to be driven by food security concerns, including price volatility and market risks faced by large food importers. Host countries have been equally keen to attract such investment, for various potential benefits-but there are concerns about whether these benefits will be realized, and about lack of community involvement in the decision process. This paper discusses the nature and driving forces behind these investments, and the economic, political, institutional, legal and ethical issues they raise for host countries, investors and the international community. The paper suggests that alternative approaches might be as effective, and more acceptable, than long-term leases or outright purchases. Further, an international initiative (voluntary code of conduct, guidelines, statement of principles etc.) could highlight host country interests and also guide investors toward socially responsible investment.
机译:最近对发展中国家农业的国际投资激增引起了广泛的争论。一些最大的交易涉及海湾国家的投资者在贫穷,粮食不安全的非洲国家购买或租赁土地,以种植将被出口回投资国的粮食。与过去的投资不同,这些投资是在寻求资源而不是在寻求市场,并且涉及土地的购买和实际生产,而不是宽松的合资形式。投资国似乎受到粮食安全问题的驱动,包括价格波动和大型粮食进口商面临的市场风险。东道国同样热衷于吸引这种投资,以获得各种潜在的利益,但人们担心这些利益是否会实现,以及社区在决策过程中缺乏参与。本文讨论了这些投资背后的性质和驱动力,以及它们为东道国,投资者和国际社会提出的经济,政治,体制,法律和道德问题。该文件建议替代方法可能比长期租赁或直接购买更有效,更容易接受。此外,国际倡议(自愿行为守则,准则,原则声明等)可以强调东道国的利益,也可以指导投资者进行对社会负责的投资。

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