Foreign Land Acquisition

2017 ◽  
pp. 1524-1545
Author(s):  
Olanrewaju E. Ajiboye ◽  
Olabisi S. Yusuff

Land grabs, a recent phenomena, have been documented to have effects on the activities of the indigenous farmers. This chapter examines the impact of foreign land acquisitions on food security and food chain in Nigeria. Quantitative and qualitative methods of data collection were adopted. A total number of 250 respondents were included in the quantitative sample, and 20 In-Depth Interviews (IDI) were conducted with opinion leaders. The study found the nexus of interaction between foreign land acquisition, commercialization of agriculture, food security, and food chains in Nigeria. The study recommended that the government should not make the process of land acquisition too cumbersome for interested people or agencies to acquire; the government should make efforts to encourage interested local investors in large-scale farming to allow competition to increase food production as well as to sustain the agricultural sector of the national economy.

Author(s):  
Olanrewaju E. Ajiboye ◽  
Olabisi S. Yusuff

Land grabs, a recent phenomena, have been documented to have effects on the activities of the indigenous farmers. This chapter examines the impact of foreign land acquisitions on food security and food chain in Nigeria. Quantitative and qualitative methods of data collection were adopted. A total number of 250 respondents were included in the quantitative sample, and 20 In-Depth Interviews (IDI) were conducted with opinion leaders. The study found the nexus of interaction between foreign land acquisition, commercialization of agriculture, food security, and food chains in Nigeria. The study recommended that the government should not make the process of land acquisition too cumbersome for interested people or agencies to acquire; the government should make efforts to encourage interested local investors in large-scale farming to allow competition to increase food production as well as to sustain the agricultural sector of the national economy.


Author(s):  
Ben E. Aigbokhan ◽  
Kehinde O. Ola

This chapter focuses on the impact of foreign land acquisition on the livelihood of the host communities. The chapter investigates Presco Industries, which has been in existence for the past 23 years in Obaretin and Ologbo Estates in Edo State. The impact on employment, entrepreneurship, community relation, environment, and farming, which are the main sustenance of rural communities, are also considered. The result of the Binary Probit Estimator employed shows that the existence of the company in the communities has not offered any significant impact on the livelihood of the people. All indicators of economic wellbeing are not significant for all the households. Therefore, there is need to incorporate the host communities' economic sustenance into the programmes of large-scale agricultural business before land acquisition.


2019 ◽  
pp. 1159-1178
Author(s):  
Ben E. Aigbokhan ◽  
Kehinde O. Ola

This chapter focuses on the impact of foreign land acquisition on the livelihood of the host communities. The chapter investigates Presco Industries, which has been in existence for the past 23 years in Obaretin and Ologbo Estates in Edo State. The impact on employment, entrepreneurship, community relation, environment, and farming, which are the main sustenance of rural communities, are also considered. The result of the Binary Probit Estimator employed shows that the existence of the company in the communities has not offered any significant impact on the livelihood of the people. All indicators of economic wellbeing are not significant for all the households. Therefore, there is need to incorporate the host communities' economic sustenance into the programmes of large-scale agricultural business before land acquisition.


2016 ◽  
pp. 76-95
Author(s):  
Falendra Kumar Sudan

There has been large-scale Foreign Direct Investment (FDI) in land in India for promotion of Special Economic Zones (SEZs). The key drivers of land acquisitions are food security, the bio-fuels boom, growing business opportunities, and policy reforms. Increased foreign land investment may increase economic growth and raise government revenues and create new livelihood opportunities through new capital, technology, know-how, infrastructure, and better market access. At the same time, foreign land acquisitions may result in local people losing access to the resources. Therefore, there is a need for wider public consultation involving all stakeholders to ensure improved livelihoods and food security. The creation of robust institutions and social and environmental impact assessments of FDI in land acquisitions are called for to promote inclusive growth through more job creation, infrastructure development, public revenues, environmental protection, and to protect local food security, particularly in times of food crisis. This chapter explores FDI in land acquisition in India.


2016 ◽  
Vol 6 (4) ◽  
pp. 457-464
Author(s):  
Ujunwa Augustine ◽  
Chinwe Okoyeuzu ◽  
Anthony Igwe ◽  
Wilfred Isioma Ukpere

Large investment in African land has generated serious interest among academicians, policy makers, international and local development agencies as well as civil organization. The debates centre on the phenomenal trajectory and the drivers of this investment in Africa. The inaccuracy or ambiguities in number of deals and institutional specificities has brought in the main, the need to undertake country by country study of foreign land deals in agricultural investment. To suggest vital information that will aid policy formulation and deliberation at country level, the study is on Congo-Brazzaville. This paper explores the factors that influenced foreign land acquisition in Congo, the impact of such investment on the host communities, and faults the decision of the government to make the attraction of foreign investment in agriculture a priority without fashioning out institutional framework that will regulate the investors and promote market discipline. Based on the above, the paper recommends strategies the government should earnestly pursue to mitigate the negativities of the investment and leverage on the benefits of commercial farming in the country, especially, in the area of skill transfer.


2019 ◽  
pp. 1205-1226
Author(s):  
Falendra Kumar Sudan

There has been large-scale Foreign Direct Investment (FDI) in land in India for promotion of Special Economic Zones (SEZs). The key drivers of land acquisitions are food security, the bio-fuels boom, growing business opportunities, and policy reforms. Increased foreign land investment may increase economic growth and raise government revenues and create new livelihood opportunities through new capital, technology, know-how, infrastructure, and better market access. At the same time, foreign land acquisitions may result in local people losing access to the resources. Therefore, there is a need for wider public consultation involving all stakeholders to ensure improved livelihoods and food security. The creation of robust institutions and social and environmental impact assessments of FDI in land acquisitions are called for to promote inclusive growth through more job creation, infrastructure development, public revenues, environmental protection, and to protect local food security, particularly in times of food crisis. This chapter explores FDI in land acquisition in India.


Author(s):  
Essien Essien

Contemporary studies surrounding the land grabbing phenomenon in Africa have revealed two findings. First, the purchase or lease of vast tracts of land from poor, developing countries by wealthier, food-insecure nations has raised deep ethical concern over food security and rural agricultural development. Second, there is the existence of a powerful myth that large-scale land deals are necessary in order to deal with scarcity. Drawing upon extensive contemporary literature on foreign land acquisition and food security, this chapter examines the phenomenon using “rent gap” theory. With an insight provided into understanding the independent layers of land grabbing in Africa, a criterion on what should constitute appropriate procedure for land acquisition is thus supplied. Findings posit that despite insufficiency of food availability in Africa, land grabbing continues regardless of its social and ecological limitations. This chapter has a significant implication for cumulative research on the subject of ethics of foreign land acquisition.


2021 ◽  
Vol 2021 ◽  
pp. 1-13
Author(s):  
Vinh Bao Ngoc ◽  
Nguyen Manh Hung ◽  
Phuong Thu Pham

The Vietnam’s agricultural sector had to challenge with its course and learned lessons of further development. Novel policy might be adopted to encourage the private investments and sectors in agriculture. Furthermore, an introduction of new models such as climate-smart or green agriculture and application of modern technology increased productivity at the same time and creating jobs for millions of agricultural workers and reversing the massive rural-urban migration flux. Vietnam’s agricultural sector needs to maintain the reform momentum, particularly liberalization policy, and to boost up agricultural potential. Obstacles such as land limitation policy must be removed to enable large-scale production and encourage private investment in the agricultural sector. To avoid being trapped by its own success, Vietnam is now shifting the old development paradigm that focuses too much on the quantity to the quality of the agricultural production. The government makes major efforts to achieve at the same time agricultural growth, better livelihood of the farmer, and the development of the rural areas. However, Vietnam still needs to prepare a “transition strategy” to overcome the impact of the technological progress on the traditional agricultural workers.


2016 ◽  
pp. 2059-2086
Author(s):  
Essien Essien

Contemporary studies surrounding the land grabbing phenomenon in Africa have revealed two findings. First, the purchase or lease of vast tracts of land from poor, developing countries by wealthier, food-insecure nations has raised deep ethical concern over food security and rural agricultural development. Second, there is the existence of a powerful myth that large-scale land deals are necessary in order to deal with scarcity. Drawing upon extensive contemporary literature on foreign land acquisition and food security, this chapter examines the phenomenon using “rent gap” theory. With an insight provided into understanding the independent layers of land grabbing in Africa, a criterion on what should constitute appropriate procedure for land acquisition is thus supplied. Findings posit that despite insufficiency of food availability in Africa, land grabbing continues regardless of its social and ecological limitations. This chapter has a significant implication for cumulative research on the subject of ethics of foreign land acquisition.


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