Читать книгу Promoting Investment in Agriculture for Increased Production and Productivity - Saifullah Syed - Страница 17

The enabling environment for making investments depends on essential public goods, such as rural infrastructure, including roads and electricity, which farmers and the private sector cannot be expected to provide. This requires government action and supportive policies and institutions. Market forces that shape investment decisions, which are largely determined by the private sector, can also be influenced by government policies.

For enhancing the capacity of business to promote agro-industry investment, government can consider a hierarchy of enabling conditions. Essential enablers include land tenure and property rights, infrastructure, and domestic and foreign trade policy. Important enablers include norms, standards, regulations and services relating to production, research and development, and financial services for agro-industries. Useful enablers include the ease of doing business in a country, the business development services available to prospective investors, and the general intensity and effectiveness of business linkages between enterprises in value chains.