Land Acquisition Overseas — Land Grab or Win-Win?

Jane Harrigan
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Jane Harrigan: University of London

Chapter 6 in The Political Economy of Arab Food Sovereignty, 2014, pp 126-163 from Palgrave Macmillan

Abstract: Abstract In addition to refocusing on domestic food production, many Arab countries are moving towards a new and innovative food security strategy that involves acquiring land in water-abundant and land-abundant third-party countries to directly grow food for the home market. This rush for land overseas was motivated by the global food crisis, which brought both export embargoes from major grain producers and rising global food prices, as well as by memories of the past geopolitics of food and the need to save domestic water. In order to insulate themselves from market fluctuations, Arab states are following in the footsteps of countries like China and South Korea, investing heavily in agricultural land abroad. By shipping the produce home and bypassing world markets, it is estimated that they can cut food costs by up to 25 per cent (Lowe 2011).

Keywords: Food Security; Host Country; Food Sovereignty; Land Acquisition; Arab State (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-33938-6_6

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DOI: 10.1057/9781137339386_6

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