Land grabs update: (a lot) more hectares than we thought, and definitely bad for development
Duncan Green | | 1970
This week’s Economist has an excellent update on the recent spate of ‘land grabs’. It argues that the balance of evidence against them as a development tool has shifted decisively (and negatively) over the last couple of years. The overall conclusion is damning: ‘When land deals were first proposed, they were said to offer the host countries four main benefits: more jobs, new technology, better infrastructure and extra tax revenues. None of these promises has been fulfilled’.