This paper presents a literature review of issues related to recent subsidies and investments in the financial sector that have been designed to address the immediate effects of the crises and to develop the financial institutions necessary to modernize agriculture. Section two of the paper discusses the impact of recent food, fuel, and financial crises on developing countries and the emergency actions taken by countries and international agencies to reduce the suffering inflicted on poor people.
The poor performance of agriculture in sub-Saharan Africa is known to be largely due to the lack of effective and client- responsive agricultural research and development that could generate appropriate technologies and innovations to stimulate the agricultural development process. As a contribution to address this challenge, the Forum for Agricultural Research in Africa (FARA), with support from the United Kingdom’s Department for International Development (DFID), developed a project for Strengthening Capacity for Agricultural Research and Development in Africa (SCARDA).
This paper aims to develop a vision statement for the agricultural sector that may then guide the future investments in Chile's agricultural innovation system, A joint and shared perspective on how the sector might look and what role agricultural innovation should play in getting there is a prerequisite for any effective strategy. But developing such a vision is not only a function of what the country wants: it also depends on the context in which Chile's agricultural sector will find itself.