Improvements in agricultural productivity and innovation can drive economic growth; however, barriers to trade, market access, and infrastructure, insecure land tenure, high input costs, and poor access to technology restrain the ability of developing countries to harness the growth potential of this sector. [...] The essential elements needed to achieve high rates of sustainable economic growth include: • accountable governments: A government that is willing to adopt effective and transparent public management of the economy, providing a safe, stable, and attractive business and industry environment, which will ultimately strengthen its ability to fulfill its responsibility for the welfare of the people; • [...] The outcomes of these investments should contribute to a stable foundation on which viable businesses and industries can thrive, increasing opportunities for employment in the formal economy for their citizens and their contributions to the public resources available for investment in the welfare of the population. [...] This means ensuring the poor have access to land and resources, security of tenure, and the capacity to use their assets productively and sustainably. [...] To further its path of building economic foundations, CIDA will support activities that: • strengthen public financial and economic management capacity and institutions at the local, regional, or national levels; Page 4 of 7 • improve legal and regulatory frameworks and systems and their implementation, all of which are key to stable national and local economies; • support governments, businesses,
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- Published in
- Canada
