World Bank Research E-Newsletter [October 2007]
World Development Report (WDR) 2008: Agriculture for Development, calls for placing the sector at the center of the development agenda if the goals of halving extreme poverty and hunger by 2015 are to be realized. The last time a WDR on agriculture was published was in 1982, making this a landmark report that comes when many are calling for an African agricultural revolution. While 75 percent of the world’s poor live in rural areas in developing countries, only 4 percent of official development assistance goes to agriculture. In Sub-Saharan Africa, a region heavily reliant on agriculture for overall growth, public spending for farming is also only 4 percent of total government spending and the sector is still taxed at relatively high levels.
17 Feb 2010