Transnational Farmland Investment: A Risky Business

Transnational Farmland Investment: A Risky Business

Transnational farmland investments in much of the Global South are risky for all parties involved: agribusiness firms and their financial backers; host‐country governments; and the people on the spot. This essay focuses on political risk, which encompasses policy shifts, legal disputes and push‐back...

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Bibliographic Details
Published in:Journal of agrarian change 2015-10, Vol.15 (4), p.560-568
Main Author: Li, Tania Murray
Format: Article
Language:eng
Subjects:
agribusiness
agricultural land
business enterprises
farmland investment
Farms
force
Investors
issues and policy
Land
law
market
markets
people
Political risk
politics
risk
state authority
Studies
Transnationalism
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Summary:Transnational farmland investments in much of the Global South are risky for all parties involved: agribusiness firms and their financial backers; host‐country governments; and the people on the spot. This essay focuses on political risk, which encompasses policy shifts, legal disputes and push‐back from affected populations. It draws on the analytical framework of ‘powers of exclusion’ (see the work of D. Hall, P. Hirsch and T.M. Li) to consider how transnational investors attempt to deploy force, law and market transactions to secure and legitimate farmland deals; yet they remain fragile, as do the governments that enable them.
ISSN:1471-0358
1471-0366