Weathering the storm: Agricultural development, investment, and poverty in Africa following the recent food price crisis

At the national level, dozens of African countries have pledged to implement the Comprehensive Africa Agriculture Development Programme (CAADP) of the New Partnership for Africa's Development (NEPAD) and the African Union (AU). This African-led plan aims to stimulate agriculture on the continent to...

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Autores principales: Omilola, Babatunde, Lambert, Melissa
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2010
Materias:
Acceso en línea:https://hdl.handle.net/10568/152635
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author Omilola, Babatunde
Lambert, Melissa
author_browse Lambert, Melissa
Omilola, Babatunde
author_facet Omilola, Babatunde
Lambert, Melissa
author_sort Omilola, Babatunde
collection Repository of Agricultural Research Outputs (CGSpace)
description At the national level, dozens of African countries have pledged to implement the Comprehensive Africa Agriculture Development Programme (CAADP) of the New Partnership for Africa's Development (NEPAD) and the African Union (AU). This African-led plan aims to stimulate agriculture on the continent to achieve the first Millennium Development Goal (MDG1) of halving poverty and hunger by 2015. To do so, countries are expected to pursue 6 percent average annual agriculture growth at the national level, allocate 10 percent of national budgets to the agricultural sector, and improve overall policy efficiency through peer-review and accountability. The purpose of this paper is to evaluate trends in agricultural development, performance, and spending in Africa and to track corresponding progress in key poverty and hunger indicators following the recent food price crisis. The reason for tracking this information is that the recent food price crisis has the potential to derail the progress made toward reducing poverty and hunger in many African countries. This paper draws on policy research results in the literature to highlight some of the strategic policy options available to African governments for accelerating agricultural growth in line with the principles of CAADP. In this regard, the paper provides information on CAADP's agenda by reviewing the progress of implementation and performance against a number of key benchmarks.
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spelling CGSpace1526352025-11-06T07:24:52Z Weathering the storm: Agricultural development, investment, and poverty in Africa following the recent food price crisis Omilola, Babatunde Lambert, Melissa caadp food prices trends expenditure millennium development goals At the national level, dozens of African countries have pledged to implement the Comprehensive Africa Agriculture Development Programme (CAADP) of the New Partnership for Africa's Development (NEPAD) and the African Union (AU). This African-led plan aims to stimulate agriculture on the continent to achieve the first Millennium Development Goal (MDG1) of halving poverty and hunger by 2015. To do so, countries are expected to pursue 6 percent average annual agriculture growth at the national level, allocate 10 percent of national budgets to the agricultural sector, and improve overall policy efficiency through peer-review and accountability. The purpose of this paper is to evaluate trends in agricultural development, performance, and spending in Africa and to track corresponding progress in key poverty and hunger indicators following the recent food price crisis. The reason for tracking this information is that the recent food price crisis has the potential to derail the progress made toward reducing poverty and hunger in many African countries. This paper draws on policy research results in the literature to highlight some of the strategic policy options available to African governments for accelerating agricultural growth in line with the principles of CAADP. In this regard, the paper provides information on CAADP's agenda by reviewing the progress of implementation and performance against a number of key benchmarks. 2010 2024-10-01T13:55:03Z 2024-10-01T13:55:03Z Working Paper https://hdl.handle.net/10568/152635 en Open Access application/pdf International Food Policy Research Institute Omilola, Babatunde; Lambert, Melissa. 2010. Weathering the storm: Agricultural development, investment, and poverty in Africa following the recent food price crisis. IFPRI Discussion Paper 965. https://hdl.handle.net/10568/152635
spellingShingle caadp
food prices
trends
expenditure
millennium development goals
Omilola, Babatunde
Lambert, Melissa
Weathering the storm: Agricultural development, investment, and poverty in Africa following the recent food price crisis
title Weathering the storm: Agricultural development, investment, and poverty in Africa following the recent food price crisis
title_full Weathering the storm: Agricultural development, investment, and poverty in Africa following the recent food price crisis
title_fullStr Weathering the storm: Agricultural development, investment, and poverty in Africa following the recent food price crisis
title_full_unstemmed Weathering the storm: Agricultural development, investment, and poverty in Africa following the recent food price crisis
title_short Weathering the storm: Agricultural development, investment, and poverty in Africa following the recent food price crisis
title_sort weathering the storm agricultural development investment and poverty in africa following the recent food price crisis
topic caadp
food prices
trends
expenditure
millennium development goals
url https://hdl.handle.net/10568/152635
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AT lambertmelissa weatheringthestormagriculturaldevelopmentinvestmentandpovertyinafricafollowingtherecentfoodpricecrisis