Wednesday, 22 October 2014

You want to know more about the role of agricultural innovation in creating food security in Africa?

"Agricultural innovation lies at the heart of striking the opportunity lying between agriculture’s demand-side incentives and supply-side constraints. Innovation is a subject of great importance because it stimulates sustainable growth in a highly competitive market"

A snapshot of the Forum for Agriculture Research in Africa (FARA) website

Hi guys!

The Forum for Agriculture Research in Africa, FARA just launched an essay writing competition for young agriculture academics. I have submitted my essay and our essays are in the public evaluation stage where we need to mobilize many votes through Facebook. If you are on Facebook, please help me win. My essay gives a clear picture why "innovation" should Africa's priority in a dynamically changing world, marred by its challenges but full of its unique opportunities. Regardless of being food insecure and suffering from supply-side constraints, Africa has demand-side incentives for agriculture. It however takes the eyes and guts of innovators to realize the gold lying between these two "rocks".

To read and vote for my essay click on this link:
It will take you to my essay on the FARA facebook page.
At the end of my essay u will find a box to vote, just click in that box and cast your vote!

The main link to the FARA facebook page is right here:
You can also search for my essay by going through the essays on the page, but if we are friends on Facebook, just click the button that says "friends" and my essay will appear.

Remember you have one vote to use "everyday" to vote for your favorite essay! 
Also remember you can share this with your friends and encourage them to vote as well.

Many thanks!

Thursday, 2 October 2014

What distinguishes a good life from a sustainable and bright future

We have entered now the era of Sustainable Development, where the focus is not only on ensuring that people from the most marginalized parts of the world have a good life, but that they also have aa sustainable and bright future.



To help understand how a sustainable and bright future future is different from a merely good life, I thought I should remind our "valucentric" readers about the relationship between economic growth and sustainable economic development.

Defining economic development

The term development means a change over time, typically involving growth or expansion. According to (Norton, et al., 2006), development is a process with many economic and social dimensions. It is a dynamic process including not only changes in the structure and level of economic activity, but also increased opportunities for individual choice and for improved self-esteem. In the first Human Development Report, UNDP defined development as expanding people’s choices. 

Economic development therefore refers to a process of economic transformation; involving more efficient resource utilization as well as expansion of productive capacity accompanied by a sustainable and equitable distribution of the gains from such growth. 

Several theories of development such as the Mercantilists, the Classicalists, Stage of Growth proponents and Capital Accumulation theorists converge to the belief that: economic development is a transition from traditional society to a modern commercial society with improvements in people’s standards of living. 

Economic development is thus a multi-faceted phenomenon involving both growth and productivity gains as well as social and distributional efficiencies. 

Contrasting economic development with economic growth


PHOTO CREDIT: Mabel Munyuki Hungwe (PhD)
The term economic development is often used interchangeably with the term economic growth. The two terms, however related, have different connotations. Economic development requires economic growth. Economic growth is often measured by metrics such as per capita GDP growth rates. However, measuring economic development is a combinations of both measures of growth and measures of the actual distribution of wealth. Indices like the Gini inequality coefficient, or the gender disparity index, are often combined in composite measures of economic development. 

“Economic growth is a necessary but not sufficient condition for economic development.”

The difference between economic growth and development can be illustrated by the recent findings that the early 2000s have been Africa’s decade of unprecedented economic growth. For instance, six of the ten fastest growing economies globally in the early 2000s were in Africa; including Angola, Niger, Ethiopia, Chad, Mozambique, and Rwanda who registered growth of over 7%. However, this unprecedented growth has not delivered the jobs and poverty reduction that Africa has been seeking. 

Africa is off target on achieving MDG 1 of eradicating extreme poverty and hunger. This may be seen to resemble “economic growth” without “economic development”. 

Economic development focuses on concepts which include, though not limited to:

  1. productive capacity of resources and productivity of both self-employment and wage-employment 
  2. equity of income and asset distribution 
  3. social protection

To a sustainable and climate smart future post-2015!