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Enabling the Environment for Private Sector Investment: Impact on Food Security and Poverty

Author

Listed:
  • Post Lori
  • Issa Tariq

    (Northwestern University, Chicago, IL, USA)

  • Schmitz Andrew

    (University of Florida, Gainesville, FL, USA)

  • Oehmke James

    (USAID, Washington, DC, USA)

Abstract

Millions of people worldwide live in extreme poverty, which has an adverse effect on global food security. Research shows that growth in the agricultural labor sector has twice the impact on poverty compared to growth in other labor sectors. To that end, we examine some of the enabling factors of private sector investment to increase food security and reduce poverty: innovative output, intellectual property rights innovation, gender-sensitive land tenure, creation of new businesses, openness to trade, government institutional flexibility, access to credit, inclusion of new sectors, income diversification, public-private partnerships, infrastructure improvements, payments for eco-system services, and climate-smart innovation. Developing policies that improve food security will help to reduce poverty.

Suggested Citation

  • Post Lori & Issa Tariq & Schmitz Andrew & Oehmke James, 2021. "Enabling the Environment for Private Sector Investment: Impact on Food Security and Poverty," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 19(1), pages 25-37, May.
    • Handle: RePEc:bpj:bjafio:v:19:y:2021:i:1:p:25-37:n:4
    DOI: 10.1515/jafio-2021-0013
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    More about this item

    Keywords

    food security; private sector investments; enabling environments; feed-the-future initiative; poverty; chronic hunger; rural; agriculture; global public health;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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