AGRONOMY 350 Chapter 17: AGRONOMY 350 Chapter 17

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University of Wisconsin - Madison
Kyle Stiegert

Ethiopian Land Rush • Rich people (particularly Saudi-Ethiopian Mohammed al-Amoudi) have been buying huge amounts of land to turn into farms o People turned to land investment because of the increased price of staple crops resulting from increasing #s of people moved to cities o Initially had a hard time starting farms – lack of experience for those managing, difficult to access, distrust of locals, target of militants ▪ Difficultly with infrastructure has caused much of the leased land to go undeveloped ▪ Unclear about ownership of land – even before land deals there was dispute between ethnic groups about land ownership o While initially against land deals, Ethiopia has become one of the leaders in land deals, working hard to make itself attractive to investors o Villagization – forced relocation that turns small, scattered communities into larger settlements ▪ Is meant to make it easier to deliver basic services – has created more food aid dependence ▪ Beating and rapes by soldiers enforcing resettlements South Sudan Famine • South Sudan’s famine is claimed to be man-made, largely because of years of civil war o Mixed with high food prices, economic crisis, low ag production o Aid agencies have had a hard time doing their work because of the war, which mostly has civilian targets o One of the few U.N. declared famines – almost 42% of population affected o Government officials causing these famines live lives of luxury Chapter 17 • Economic Growth o Most effective antipoverty program ▪ Helps poor and average person simultaneously ▪ Can be slow and inefficient in some situations o Is possible, but will not necessarily happen on its own o Evolution of the Washington Consensus ▪ Is a set of recommendations for Latin American countries for promoting growth ▪ Promotes savings/investments, promotes increases in labor productivity, and promotes market orientation that facilitates incentives to economic decisionmakers • These recommendations don’t work everywhere – fail when faced with bad institutions o Institutions and Economic Growth ▪ Incentive framework for institutions most effective when it rewards success, punishes fai
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