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Friday, 8th February 2013

Poor Governance, Good Business: How land investors target countries with weak governance

Source: Oxfam International

From the Introduction:

In recent years rising food prices have triggered a modern day ‘land rush’ in developing countries where vast tracks of land have been turned over to the production of food and biofuels for export. An area the size of Spaini has been sold off globally in the last ten years. In poor countries an area the size of a football pitch is sold to foreign investors every second.

But how do investors decide where to invest their money?

New analysis by Oxfam shows that land investors appear to be targeting countries with poor governance in order to maximise profit and minimise red tape. The analysis revealed that over three quarters of the 56 countries where land deals were agreed between 2000 and 2011 scored below average on four key governance indicators. The average score across the four governance indicators in countries with land deals was 30 per cent lower than those without deals.

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Having begun his career in academic libraries, Adrian Janes has subsequently worked extensively in public libraries, chiefly in enquiry work as an Information Services librarian. In this role he has had particular responsibility for information from both the UK Government and the European Union. He wrote a detailed report on sources for the latter which was published by FreePint in 2007, and has contributed articles to FreePint and ResourceShelf. He is involved in training in information literacy and the use of online reference resources.

A Contributing Editor to DocuTicker, he also write reviews for Pennyblackmusic.

More articles by Adrian Janes »



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