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Investment in agricultural research and development: An account of two-speed growth, underinvestment, and volatility

This chapter takes stock of recent agricultural R&D investment in SSA using comprehensive datasets collected under the Agricultural Science and Technology Indicators (ASTI) initiative, facilitated by the International Food Policy Research Institute. The chapter presents an analysis of public agricul...

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Main Author: Stads, Gert-Jan
Format: Book Chapter
Language:Inglés
Published: International Food Policy Research Institute 2016
Subjects:
agricultural research systems
economic growth
public investment
agricultural research
agricultural growth
technology
research
productivity
agricultural development
science
poverty
public expenditure
public research
Online Access:https://hdl.handle.net/10568/147914
Summary:This chapter takes stock of recent agricultural R&D investment in SSA using comprehensive datasets collected under the Agricultural Science and Technology Indicators (ASTI) initiative, facilitated by the International Food Policy Research Institute. The chapter presents an analysis of public agricultural research funding and investment trends in SSA, highlighting important cross-country differences. The discussion also focuses on the main drivers of volatility in agricultural R&D funding over time and suggests a number of policy measures that could mitigate both underinvestment and volatility.

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