mproving agriculture regulations in low and middle income countries could go a long way toward feeding the world’s growing population and improving farmers’ livelihoods around the world, says the latest edition of the World Bank Group’s Enabling the Business of Agriculture (EBA) 2017 report, released today.
The report argues that, while many countries are already home to strong, commercially-oriented agriculture, more needs to be done, for example, by lowering transaction costs for farmers and firms engaged in domestic trade and exports, by improving water permit systems for irrigation, or by providing better conditions for microfinance institutions. Smart regulations that ensure safety and quality control while avoiding burdensome and inefficient requirements are highlighted in the report as good practices that governments may wish to consider as part of their reform efforts. Read more. Source|World Bank