An Exploratory Study on the Situations of Agricltural Foreign Direct Investment and the Perceptions of Local ConmlUnity: The Case of Anuak Zone, Gambella Regional State, South Western Ethiopia

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Date

2015-12

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Addis Ababa University

Abstract

In most Africa countries, agriculture is the dominant sector and takes a leading role in the economic growth of a given country. For many other countries, however, agricultural growth and opportunities for meeting the MDGs will be fostered largely tlu·ough growth in the nonfarm economy, in Agricultural FDI and in agricultural exports that can expand the market for agricultural products. FDI is an international venture in which an investor residing in the home economy acquires a long-term "influence" in the management of an affiliate firm in the host economy. According to the definition, the existence of such long-term influence should be assumed when voting shares or rights controlled by the multinational firm amount to at least 10 percent of total voting shares of rights ·of the foreign firm. This study focuses on exploring the situations of agricultural foreign direct investment and the perceptions of local community. Specifically, on exploring the existing situations of agricultural foreign direct investment, the positive contributions of agricultural foreign direct investment, the negative consequences of agricultural foreign direct investment and the perceptions of the local people towards agricultural foreign direct investment. As a result, the study found clearing of forest, employment creation as existing situations of gricultural foreign direct investment. It reported employment creation, adoption of agricultural new technologies, and building of infrastrures as the positive contributions of the agricultural FDI. The negative consequences are clearing of forest, displacement, Improper wastes management, destruction of wildlife, shortage offiJel woods, climate change, poisoning agrochemical. Whereas the participants perceptions founded are clearing of forest to reach worse level if the provision of the land continue. Large land provision will lead to more displa<;ement, shortage of grazing land and food insecurity. Conflict will happen due the unequal benefit between local people and investors. Climate condition has keep changing from year to ye.ar.These findings could help to design and implement programs that are be suitable for people and investors operating in the study area. It also helps in creating awareness about benefits of agricultural investment to local people whom are claimed by investment. Moreover, it can provide information for further stlldies. The design of this research is cross-sectional exploratory-descriptive continuum, which utilized qualitative research method. This design has been used for this study because it can encourage the participants of the study to give detailed information about the issue under study. It drawn both primary and secondary data. The data obtained from in-depth· interview participants were presented under the themes, which emerged during transcribing and translating the audio taped interview and notes taken during interview. The report of the study presents existing situations, positive contributions, negative consequences of agricultural foreign direct investment, and their perceptions concerning the foreign agricultural investment.

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An Exploratory Study on the Situations of Agricltural Foreign Direct

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