Policymakers in developing countries are faced with the challenge of prioritizing public investments to ensure the highest rates of return for society as a whole. Their plans are normally ambitious with a long list of unrealistic programs and unaffordable public investment strategies, which tend to focus on primary agriculture rather than the transformation of the entire agriculture-food system. Within this context, public officials have relied heavily on public spending (largely financed through donor support) and have failed to recognize and leverage the role of the private sector to action growth and transformation. Read full article
