Reaping Richer Returns

Reaping Richer Returns Public Spending Priorities for African Agriculture Productivity Growth - Africa Development Forum

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Publisher's Synopsis

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

Book information

ISBN: 9781464809408
Publisher: World Bank
Imprint: World Bank
Pub date:
DEWEY: 338.130967
DEWEY edition: 23
Number of pages: 1 online resource (xxvi, 322 )