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Introduction: Nutrition, Sustainable Agriculture and Climate Change Issues in Africa Read chapter Read first chapter

2020 | OriginalPaper | Chapter

10. Maximizing Agricultural Growth Policy Space Through Public Expenditures and Foreign Direct Investment in Cameroon (1985–2016)

Authors : Djomo Choumbou Raoul Fani, Aye Goodness Chioma, Ukpe Udeme Henrietta, Ngo Valery Ngo, Gbadebo Odularu, Oben Njock Emmanuel

Published in: Nutrition, Sustainable Agriculture and Climate Change in Africa

Publisher: Springer International Publishing

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Abstract

Faced with economic crisis, Cameroon resorted to the lobbying and encouragement of foreign aids, foreign investment and export-oriented production as panacea for sustainable economic growth that could be trickled down to poverty reduction. Sustainable agricultural progress is an adequate means of providing a permanent solution to poverty traps and increasing the overall welfare of mankind. This study analyzed how to maximize agricultural growth policy space through public expenditures and foreign direct investment in Cameroon. Annual time series covering a period of 32 years (1985–2016) were obtained from secondary sources. System dynamic modelling approach was used to analyze the broad objective involving three (3) scenarios. The study found that increase in foreign direct investment and decrease in public expenditures provided the best alternative for the sustainability of the agricultural growth which validates the classical theory that stated that private investment is the engine of growth. It is recommended that incentives such as reduction of tax should be given to attract more foreign investors into the country. Further, investment on infrastructure such as roads, railways and dam should be done in order to provide adequate environment to foreigners to invest in the agricultural sector.

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previous chapter Productivity Analysis Among Smallholder Rice Farmers: Policy Implications for Nutrition Security in the West Region of Cameroon
next chapter Impact of Knowledge Management and Digital Libraries on Climate Change in West and Central Africa
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Metadata
Title
Maximizing Agricultural Growth Policy Space Through Public Expenditures and Foreign Direct Investment in Cameroon (1985–2016)
Authors
Djomo Choumbou Raoul Fani
Aye Goodness Chioma
Ukpe Udeme Henrietta
Ngo Valery Ngo
Gbadebo Odularu
Oben Njock Emmanuel
Copyright Year
2020
Book
Nutrition, Sustainable Agriculture and Climate Change in Africa

Print ISBN: 978-3-030-47874-2

Electronic ISBN: 978-3-030-47875-9

Copyright Year: 2020

DOI
https://doi.org/10.1007/978-3-030-47875-9_10