TAILIEUCHUNG - AGRICULTURAL INVESTMENT FUNDS for DEVELOPING COUNTRIES

Agriculture is also a significant source of economic growth. In developing countries, agriculture generates on average 29 percent of the gross domestic product (GDP) and employs 65 percent of the labour force. About two thirds of the world’s agricultural value added is produced in developing countries. At the same time, agriculture also plays an important role in transforming and urbanized economies, where industries and services linked to agriculture account for more than 30 percent of GDP (ibid.). Furthermore, empirical evidence suggests that GDP growth originating from agriculture is as least twice as effective in reducing poverty as GDP growth linked to the non-agricultural sectors (ibid:6) | AGRICULTURAL INVESTMENT FUNDS for DEVELOPING COUNTRIES AGRICULTURAL INVESTMENT FUNDS for DEVELOPING COUNTRIES Calvin Miller Sylvia Richter Patrick McNellis Nomathemba Mhlanga FOOD AND AGRICULTURE ORGANIZATION OF THE UNITED NATIONS Rome 2010 The designations employed and the presentation of material in this information product do not imply the expression of any opinion whatsoever on the part of the Food and Agriculture Organization of the United Nations FAO concerning the legal or development status of any country territory city or area or of its authorities or concerning the delimitation of its frontiers or boundaries. The mention of specific companies or products of manufacturers whether or not these have been patented does not imply that these have been endorsed or recommended by FAO in preference to others of a similar nature that are not mentioned. The views expressed in this information product are those of the author s and do not necessarily reflect the views of FAO. All rights reserved. Reproduction and dissemination of material in this information product for educational or other non-commercial purposes are authorized without any prior written permission from the copyright holders provided the source is fully acknowledged. Reproduction of material in this information product for resale or other commercial purposes is prohibited without written permission of the copyright holders. Applications for such permission should be addressed to the Chief Electronic Publishing Policy and Support Branch Communication Division FAO Viale delle Terme di Caracalla 00153 Rome Italy or by e-mail to copyright@ FAO .

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