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Food Security and Sustainability pp 101–120Cite as

Palgrave Macmillan

Financial Needs and Tools for Agricultural Development and Transformation Pertinent to Low-Income and Low–Middle-Income Countries

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Abstract

The process of agricultural transformation is discussed, and the role of agriculture in both growth and poverty reduction is reviewed. The finance needs for agricultural development in low income food insecure countries is discussed, and the public and other official flows to agricultural development reviewed. It is seen that the monetary flows into agriculture have been grossly inadequate, compared to needs. The situation of smallholders is reviewed, and their financing needs are explored. It is indicated that the current finance flows to smallholders are less than 5 percent of perceived needs. A variety of institutional methods and models for increasing agricultural smallholder finance are then reviewed and assessed.

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Author information

Authors and Affiliations

  1. Department of Economics, National and Kapodistrian University of Athens, Athens, 105 59, Greece

    Alexandros Sarris

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  1. Alexandros Sarris
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Correspondence to Alexandros Sarris .

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Editors and Affiliations

  1. University of Athens, Athens, Greece

    George Mergos

  2. Middlesex University Business School, Middlesex University Business School, Hendon, United Kingdom

    Marina Papanastassiou

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Sarris, A. (2017). Financial Needs and Tools for Agricultural Development and Transformation Pertinent to Low-Income and Low–Middle-Income Countries. In: Mergos, G., Papanastassiou, M. (eds) Food Security and Sustainability. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-40790-6_6

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