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Investing In African Agriculture to Halve Poverty By 2015

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Listed:
  • Fan, Shenggen
  • Johnson, Michael
  • Saurkar, Anuja
  • Makombe, Tsitsi

Abstract

This paper proposes a simple methodology to estimate the agricultural spending that will be required to achieve the Millennium Development Goal of halving poverty by 2015 (MDG1) in 30 sub-Saharan African countries. This method uses growth-poverty and growth-expenditure elasticities to estimate the financial resources required to meet the MDG1, considering both the direct and indirect impacts of agricultural spending on poverty reduction. The paper attempts to address a key knowledge gap by improving estimation of MDG costs at both the regional and country levels.

Suggested Citation

  • Fan, Shenggen & Johnson, Michael & Saurkar, Anuja & Makombe, Tsitsi, 2008. "Investing In African Agriculture to Halve Poverty By 2015," IFPRI Discussion Papers 42807, CGIAR, International Food Policy Research Institute (IFPRI).
    • Handle: RePEc:ags:iffpr5:42807
    DOI: 10.22004/ag.econ.42807
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    References listed on IDEAS

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    1. Thirtle, Colin & Lin, Lin & Piesse, Jenifer, 2003. "The Impact of Research-Led Agricultural Productivity Growth on Poverty Reduction in Africa, Asia and Latin America," World Development, Elsevier, vol. 31(12), pages 1959-1975, December.
    2. Christiaensen, Luc & Demery, Lionel & Kuhl, Jesper, 2006. "The role of agriculture in poverty reduction an empirical perspective," Policy Research Working Paper Series 4013, The World Bank.
    3. Devarajan, Shantayanan & Miller, Margaret J. & Swanson, Eric V., 2002. "Goals for development : history, prospects and costs," Policy Research Working Paper Series 2819, The World Bank.
    4. Timothy Besley & Robin Burgess, 2003. "Halving Global Poverty," Journal of Economic Perspectives, American Economic Association, vol. 17(3), pages 3-22, Summer.
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