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Agricultural investment, growth and poverty reduction: what will be the outcomes of the comprehensive Africa agricultural development program in Guinea Bissau

Promoted under the New Partnership for Africa's Development (NEPAD), the objective of the Comprehensive Africa Agricultural Development Program (CAADP) is to increase the pace of agricultural growth so as to halve poverty as it is set by the first goal of the Millennium Development Goals (MDGs) by 2015. In this paper, we assess the expected effects of the CAADP on growth and poverty in Guinea-Bissau. Simulations are performed with a dynamic general equilibrium model. The results reveal that Guinea Bissau cannot achieve the first MDG goal by 2015 even under the assumption of an implementation of CAADP. Only a sustained implementation of CAADP on a time framework longer and a deliberate policy of increased agricultural productivity would allow policy makers to set the economy on a path of growth that will allow halving of poverty by 2020.

Auteur(s) : Cabral François Joseph
Pages : pp. 1-16
Année de publication : 2011
Revue : Journal of development and agricultural economics
N° de volume : Vol. 4(1)
Type : Article
Mise en ligne par : CABRAL Francois Joseph