AGRICULTURE NEWS - Economists have long recognised the importance of investing in agriculture, as the sector is potentially an engine for growth, employment creation and poverty reduction.
Country-specific studies, for Ethiopia and Ghana, for example, have also emphasised how the provision of public goods and services in agriculture has a substantial impact both on agricultural productivity and rural welfare.
Public investment in agriculture is important for two key reasons.
First, evidence has shown that doing so is particularly effective at reducing poverty. Second, it is fundamental to addressing market failures, such as a lack of infrastructure and research and development, which are major limitations to the sector’s growth.
Read the full article here on the Caxton publication, Farmer's Weekly