01-Jan-2010
Publication : Report
The global land grab,2 to a great extent, has been spurred by the events surrounding the Food and Financial Crises of 2008. In response to the crises, many developing countries looking to regain their economic footing increased their openness to foreign direct investment (FD I) in emerging markets—particularly in agribusiness and tourism. As part of this trend, fertile land is being offered to investors, often at giveaway prices, and especially in Africa. These and other factors have ignited a global rush for the world’s farmland by investors in what has become known as the global “land grab” phenomenon.
Information Source : Investment in Agriculture