Managing Agricultural Operations Overseas: Lessons From The Past
The prospect of trade liberalization at both the regional and global level opens up the possibility of increased agricultural investment in developing countries. Such opportunities can be very appealing to developed-country producers who face high domestic costs, particularly for land and labor. Further, foreign investment could be an extremely positive development in terms of using developed country technical knowledge to increase global food production. However putting this experience into practice overseas has not always been successful in the past. The history of expatriate investment in developing country agriculture does not offer many encouraging examples. Often overlooked in the literature of both agricultural economics and management, private investment in large-scale agricultural production, mostly undertaken by agribusinesses, has a poor record. Five case studies examined in this paper offer examples of what goes wrong which such investments. Based on the experience of these operations, it is the thesis of this paper that the main adaptation that these projects might have made is in the role of management.
|Date of creation:||1993|
|Contact details of provider:|| Postal: 231ClaOff Building, 1994 Buford Avenue, St. Paul, MN 55108-6040|
Phone: (612) 625-1222
Fax: (612) 625-6245
Web page: http://www.apec.umn.edu
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- John M. Brewster, 1950. "The Machine Process in Agriculture and Industry," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 32(1), pages 69-81.
- Coase, Ronald H., 1991.
"The Institutional Structure of Production,"
Nobel Prize in Economics documents
1991-1, Nobel Prize Committee.
- Coase Ronald, 1991. "The Institutional Structure of Production," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 2(4), pages 1-10, December.
- Coase, R H, 1992. "The Institutional Structure of Production," American Economic Review, American Economic Association, vol. 82(4), pages 713-719, September.
When requesting a correction, please mention this item's handle: RePEc:ags:umaesp:14189. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If references are entirely missing, you can add them using this form.