Middle income nations investing more than high income ones in agricultural research

The geographical distribution of food and agricultural research and development (AgR&D) is changing. Our analysis of more than 50 years of data indicates that the governments of middle-income nations are investing more than those of high-income ones for the first time in modern history. The numbers also suggest that, globally, private-sector spending on AgR&D is catching up with public-sector spending…

Investments in R&D are inextricably intertwined with growth in agricultural productivity and food supplies. But it takes decades for the consequences of these investments to be fully realized. Today’s R&D investment decisions will cast shadows forward to 2050 and beyond, making the trends we report here especially significant for the future of food production.

. . . .

What is driving this shake-up in the rank order of spenders?

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…Decades of decline in the real price of food and a sense that food provision was a solved problem may have fostered complacency among policy-makers and politicians in… the United States, the United Kingdom and Australia. Meanwhile, some middle-income countries have been ramping up their spending to feed their increasingly wealthy populations (in the case of China and India), or to push into export markets (Brazil).

The GLP aggregated and excerpted this blog/article to reflect the diversity of news, opinion and analysis. Read full, original post: Agricultural R&D is on the move

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