This book not only highlights the risks associated with large-scale investment, but also advises on how governments can create an environment to attract investment that contributes to broad-based growth and poverty reduction in cases where land acquisition by large investors makes sense from a social, economic, and environmental perspective.

This paper studies the determinants of foreign land acquisition for large-scale agriculture. To do so, gravity models are estimated using data on bilateral investment relationships, together with newly constructed indicators of agro-ecological suitability in areas with low population density as well as indicators of land rights security. Results confirm the central role of agro-ecological potential as a pull factor. In contrast to the literature on foreign investment in general, the quality of the business climate is insignificant whereas weak land governance and tenure security for current users make countries more attractive for investors. Implications for policy are discussed.

As we struggle to feed a global population speeding toward 9 billion, we have entered a new phase of the food crisis. Wealthy countries that import much of their food, along with private investors, are racing to buy or lease huge swaths of farmland abroad. The Global Farms Race is the first book to examine this burgeoning trend in all its complexity, considering the implications for investors, host countries, and the world as a whole. The debate over large-scale land acquisition is typically polarized, with critics lambasting it as a form of “neocolonialism,” and proponents lauding it as an elixir for the poor yields, inefficient technology, and unemployment plaguing global agriculture. The Global Farms Race instead offers diverse perspectives, featuring contributions from agricultural investment consultants, farmers’ organizations, international NGOs, and academics. The book addresses historical context, environmental impacts, and social effects, and covers all the major geographic areas of investment. Nearly 230 million hectares of farmland—an area equivalent to the size of Western Europe—have been sold or leased since 2001, with most of these transactions occurring since 2008. As the deals continue to increase, it is imperative for anyone concerned with food security to understand them and their consequences. The Global Farms Race is a critical resource to develop that understanding.

By 2050, we will have ten billion mouths to feed in a world profoundly altered by environmental change. How will we meet this challenge? In How to Feed the World, a diverse group of experts from Purdue University break down this crucial question by tackling big issues one-by-one. Covering population, water, land, climate change, technology, food systems, trade, food waste and loss, health, social buy-in, communication, and equal access to food, the book reveals a complex web of challenges. Contributors unite from different perspectives and disciplines, ranging from agronomy and hydrology to economics. The resulting collection is an accessible but wide-ranging look at the modern food system.

This book aims to provide key pieces of information needed for informed debate about large-scale land acquisition by drawing on the experience from past land expansions, discussing predictions for potential future demand, and providing empirical evidence of what is happening on the ground in the countries most affected by the recent increase in demand for land. It complements demand side considerations with a detailed assessment of the amount of land, whether currently cultivated or not, that might potentially be available for agricultural cultivation at the global and country levels. It then describes in some detail the policies in place to manage land acquisition processes and analyzes how these policies may affect outcomes. This information can help governments in land abundant countries to assess how best to integrate increased demand for land into their rural development strategies and provide opportunities and benefits to all involved, including existing smallholders. This is particularly important as many of these countries also have high yield gaps. It also highlights how, in cases where land acquisition by large investors makes sense from a social, economic, and environmental perspective, governments can create an environment that can help to attract outside investment that contributes to broad-based growth and poverty reduction.

Everyone has to eat to survive. The production of almost all food can be traced back to farmland in some way. Demand is growing for farmland as the world's population and global needs for food are rising. The supply of farmland is not changing, thus creating a severe imbalance in the supply of farmable land and demand for food. The world's population is expected to grow from 7 billion to over 9 billion by 2050. Over the same time period, food production must double. Global grain supplies are already at record low levels. If the US stopped producing corn, it would run out in less than 30 days and set off a domino effect that would bring the world to its knees. How can one capitalize on the increased global protein consumption and demand for food? An investment in farmland will provide a steady stream of income and capital gains due to the increasing global demand for agricultural commodities and limited supply of global arable land. The Investors' Guide to Farmland will guide you through the rational for investment in farmland, understanding the characteristic of farmland, and why it should become part of your portfolio.

References p. 25-28.