World Bank Releases 2019 Agriculture Business Report; SyCipLaw Among Contributors
November 18, 2019
The World Bank has released Enabling the Business of Agriculture Report 2019, a report which presents indicators that assess legal and administrative frameworks affecting farmers in 101 countries, including the Philippines. SyCipLaw supported the World Bank research.
The report’s foreword notes, `[B]eyond the production of food for sustenance and nourishment, agriculture plays an additional role in reducing poverty as it provides incomes for many of the 80% of the world’s poor who live in rural areas. And sustainable agricultural development boosts growth in the manufacturing and services sector through a dynamic link between farmers to urban consumers… Enabling the Business of Agriculture assesses whether governments make it easier for farmers to operate their businesses. The indicators provide a measure of progress and identify regulatory obstacles to market integration and entrepreneurship in agriculture. With globally comparable data on regulations covering agricultural inputs, plant health, access to credit and markets, the study finds large disparities across countries on the strength of regulations and the efficiency of their implementation.’
A copy of the EBA report (which sets out the Philippines’ score in terms of regulations’ benefit to farmers) is available on the World Bank website.
Rose Marie M. King-Dominguez specializes in telecommunications, media and technology, investments, M&A, and business law. She has extensive Investment and M&A experience in various industries (telecoms, retail, hospital business, and logistics). She has been cited by Asialaw, Chambers Asia, and Legal 500, and was included in Who’s Who Legal: Telecommunications Media and Technology 2016.
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