Presenter: Adolfo Brizzi, International Consultant. Former Director (2012-18) of the Policy and Technical Advisory Division of the International Fund for Agricultural Development (IFAD). Mr. Brizzi worked for 22 years in the World Bank (1990-2012) in various managerial and technical positions in the Agriculture and Rural Development sector, including Sector Manager for the South Asia Region. Before that Mr. Brizzi worked in FAO for 8 years (1982-1990).
The paper looks at the evolution of the WB interventions with respect to its capacity to support the delivery of public and private goods in the Agriculture and Rural Development sector. It examines whether its investment vehicles: sovereign loans by IBRD/IDA and non-sovereign loans, equity, guarantees by IFC, have been able to address the needs of smallholder agriculture, which by nature entails a much stronger role to be played by the private sector. The paper takes a critical view of some of past interventions and looks at some key re-positioning that took place in the Bank, especially after the food crisis of 2008, to bring the “producer sector” more at the center of its interventions and to leverage more decisively the private sector, as a critical pathway to achieve the SDGs.
To read more about the paper, click HERE.
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