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Foreign Acquisitions of Land in Developing Countries. Risks, Opportunities and New Actors

Author

Listed:
  • Nadia Cuffaro
  • Giorgia Giovannetti
  • Salvatore Monni

Abstract

The Special Issue focuses on the recent wave of foreign acquisitions of land in developing countries and provides. This essay article reviews the debate, providing an overview of the extent, patterns and origin of investments, and contextualizing the various contributions included in the issue. The main sections are devoted to the determinants of FDI, including the balance between risks and benefits of land internalization, the opportunities and risks of land acquisitions and regulation. The deals involve land usually on a very large scale and predominantly in the context of complex and unclear structures of property rights; weak stakeholders may have insufficient "voice" vis-à-vis their governments; governments may have weak planning and regulatory abilities. The possible risks of increasing investments are associated with property rights and potential dispossession of vulnerable land users, land concentration and lack of transparency in the contracts.

Suggested Citation

  • Nadia Cuffaro & Giorgia Giovannetti & Salvatore Monni, 2013. "Foreign Acquisitions of Land in Developing Countries. Risks, Opportunities and New Actors," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 2, June.
  • Handle: RePEc:rar:journl:0259
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    Citations

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    Cited by:

    1. Caterina Conigliani & Nadia Cuffaro & Giovanna D'Agostino, 2016. "Large Scale Land Investments And Forests In Africa," Departmental Working Papers of Economics - University 'Roma Tre' 0213, Department of Economics - University Roma Tre.
    2. F. Cafaggi & P. Iamiceli, 2014. "Supply chains, contractual governance and certification regimes," European Journal of Law and Economics, Springer, vol. 37(1), pages 131-173, February.
    3. Maria Cipollina & Nadia Cuffaro & Giovanna D’Agostino, 2018. "Land Inequality and Economic Growth: A Meta-Analysis," Sustainability, MDPI, vol. 10(12), pages 1-20, December.
    4. Conigliani, Caterina & Cuffaro, Nadia & D’Agostino, Giovanna, 2018. "Large-scale land investments and forests in Africa," Land Use Policy, Elsevier, vol. 75(C), pages 651-660.
    5. Chiara Mazzocchi & Michele Salvan & Luigi Orsi & Guido Sali, 2018. "The Determinants of Large-Scale Land Acquisitions (LSLAs) in Sub-Saharan Africa (SSA): A Case Study," Agriculture, MDPI, vol. 8(12), pages 1-13, December.

    More about this item

    Keywords

    FDI; Land grabbing; Property rights;
    All these keywords.

    JEL classification:

    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations

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