Land Deals in Africa: Pioneers and Speculators

Collier Paul and Anthony Venables
Additional contact information
Collier Paul: University of Oxford

Journal of Globalization and Development, 2012, vol. 3, issue 1, 22

Abstract: Much African land currently has low productivity and has attracted investors leasing land as a speculative option on higher future prices or productivity. To be beneficial land deals need to induce productivity enhancing investments. Some of these will be publicly provided (infrastructure, agronomic knowledge), and some can only be provided by ‘pioneer’ investors who discover what works and create demonstration effects. Such pioneers can be rewarded for the positive externalities they create by being granted options on large areas of land. However, pioneers must be separated from speculators by screening and by requirements to work a fraction of the land.

Keywords: land deals; land grabs; farmland; Africa; rent; lease (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (31)

Downloads: (external link)
https://doi.org/10.1515/1948-1837.1228 (text/html)
For access to full text, subscription to the journal or payment for the individual article is required.

Related works:
Working Paper: Land deals in Africa: pioneers and speculators (2011)
Working Paper: Land Deals in Africa: pioneers and speculators (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bpj:globdv:v:3:y:2012:i:1:n:3

Ordering information: This journal article can be ordered from
https://www.degruyter.com/journal/key/jgd/html

DOI: 10.1515/1948-1837.1228

Access Statistics for this article

Journal of Globalization and Development is currently edited by Joseph E. Stiglitz, Kevin Gallagher, Jeronim Capaldo, Arjun Jayadev, José Antonio Ocampo and Dani Rodrik

More articles in Journal of Globalization and Development from De Gruyter
Bibliographic data for series maintained by Peter Golla ().