Ujunwa Augustine
Affiliation: Department of Banking and Finance, University of Nigeria, Enugu Campus, Nigeria
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Economic and social issues related to foreign land grab and capacity building in Zambian Agricultural economy
Ujunwa Augustine , Okoyeuzu Chinwe , Igwe Anthony , Wilfred Ukpere doi: http://dx.doi.org/10.21511/ppm.14(4-1).2016.13Problems and Perspectives in Management Volume 14, 2016 Issue #4 (cont.) pp. 236-246
Views: 1072 Downloads: 166 TO CITEThis paper focuses on the recent land grab in Zambia for agricultural investment. The paper explores the history of foreign land acquisition and shows the dynamics that led to the liberalization of land market in Zambia. The research argues that despite the negative effect of these investments, the government can leverage this opportunity to place the country on the trajectory of growth, especially in the area of capacity development through skill acquisition. This can be achieved by structuring the contract to contain some performance requirements that investors are expected to contribute to the local people.
Keywords: land grab, foreign agricultural investment, capacity development.
JEL Classification: Q1