Trends and impact of foreign investment in developing country agriculture

"Substantial increases in agricultural investments in developing countries are needed to combat poverty and realize food security and nutrition goals. There is evidence that agricultural investments can generate a wide range of developmental benefits, but these benefits cannot be expected to arise automatically and some forms of large-scale investment carry risks for host countries. Although there has been much debate about the potential benefits and risks of international investment, there is no systematic evidence on the actual impacts on the host country and their determinants. In order to acquire an in-depth understanding of potential benefits, constraints and costs of foreign investment in agriculture and of the business models that are more conducive to development, FAO has undertaken research in developing countries.^ The research aims to provide better knowledge on the trends and impacts of foreign direct investment on host communities and countries, to gather evidence on inclusive business models, to identify good practices and to develop guidance for host governments. This publication summarizes the results of this research, in particular through the presentation of the main findings of case studies in nine developing countries. It presents case studies on policies to attract foreign investment in agriculture and their impacts on national economic development in selected countries in Africa, Asia and Latin America. The publication also examines the business models that were used in selected agricultural investments in five developing countries. It assesses their economic, environmental and social impacts at the local level and how they are influenced by national policies.^ It then offers a synthesis of the studies' findings and points to the main factors determining the impacts of investment projects. The publication concludes with recommendations for policy makers, local community organizations, development organizations and researchers."--Publisher's description.