Agriculture and Central Physical Grid Intrasructure

Sub-Saharan Africa faces the following dilemma. Growth in agriculture is often held back by inadequate transport, communications, power, and other centralized physical grid infrastructure (CPGI). But investment in such infrastructure is increasingly eating up savings resources. This tends to compel...

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Detalles Bibliográficos
Autor principal: Lipton, Michael
Formato: Capítulo de libro
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 1987
Materias:
Acceso en línea:https://hdl.handle.net/10568/161043
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author Lipton, Michael
author_browse Lipton, Michael
author_facet Lipton, Michael
author_sort Lipton, Michael
collection Repository of Agricultural Research Outputs (CGSpace)
description Sub-Saharan Africa faces the following dilemma. Growth in agriculture is often held back by inadequate transport, communications, power, and other centralized physical grid infrastructure (CPGI). But investment in such infrastructure is increasingly eating up savings resources. This tends to compel reductions in agricultural investment-which, however, is a necessary complement to CPGI investment as a source of agricultural growth. To make things worse, inputs per worker other than capital are frequently of low quality and improving only slowly. Hence there is only slow growth of output per worker and thus of domestic savings to be invested in future growth. As we shall see, current and proposed levels of investment in CPGI would raise dependence on foreign savings to unacceptable levels, yet leave too little total savings to finance even minimally acceptable levels of net investment in productive capital.
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spelling CGSpace1610432025-04-08T18:26:40Z Agriculture and Central Physical Grid Intrasructure Lipton, Michael food production conferences agricultural policies Sub-Saharan Africa faces the following dilemma. Growth in agriculture is often held back by inadequate transport, communications, power, and other centralized physical grid infrastructure (CPGI). But investment in such infrastructure is increasingly eating up savings resources. This tends to compel reductions in agricultural investment-which, however, is a necessary complement to CPGI investment as a source of agricultural growth. To make things worse, inputs per worker other than capital are frequently of low quality and improving only slowly. Hence there is only slow growth of output per worker and thus of domestic savings to be invested in future growth. As we shall see, current and proposed levels of investment in CPGI would raise dependence on foreign savings to unacceptable levels, yet leave too little total savings to finance even minimally acceptable levels of net investment in productive capital. 1987 2024-11-21T09:53:09Z 2024-11-21T09:53:09Z Book Chapter https://hdl.handle.net/10568/161043 en Open Access application/pdf International Food Policy Research Institute Lipton, Michael. 1987. Agriculture and Central Physical Grid Intrasructure. In Accelerating food production in Sub-Saharan Africa. Chapter 16. Pp. 210-226. In Accelerating food production in Sub-Saharan Africa. Mellor, John W.; Delgado, Christopher L.; Blackie, Malcom J. (Eds.). Baltimore, MD: Published for the International Food Policy Research Institute (IFPRI) [by] Johns Hopkins University Press. https://hdl.handle.net/10568/161043
spellingShingle food production
conferences
agricultural policies
Lipton, Michael
Agriculture and Central Physical Grid Intrasructure
title Agriculture and Central Physical Grid Intrasructure
title_full Agriculture and Central Physical Grid Intrasructure
title_fullStr Agriculture and Central Physical Grid Intrasructure
title_full_unstemmed Agriculture and Central Physical Grid Intrasructure
title_short Agriculture and Central Physical Grid Intrasructure
title_sort agriculture and central physical grid intrasructure
topic food production
conferences
agricultural policies
url https://hdl.handle.net/10568/161043
work_keys_str_mv AT liptonmichael agricultureandcentralphysicalgridintrasructure