Year of publication 2013

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Author Johan Swinnen, Kristine Van Herk;Investment Centre Division

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Product type Book (stand-alone)

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Edition 1

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Synopsis (short abstract) Population growth, accelerated urbanization and higher incomes are expected to lead to an increase in food demand by about 70 per cent by 2050– involving 1 billion extra tons of cereals and 200 million extra tons of meat. The transition region, which ranges from Central and Eastern Europe to Central Asia, can play a significant role in meeting this challenge. The region, with 17 per cent of global arable land, produces only 11 per cent of global crops and 6 per cent of global meat. In contrast t o most other regions in the world, yields have stagnated in the region since the 1970s. Estimates show that average yields in the region could be increased by 75 per cent. Additionally, up to 13 million ha of extra land could be brought into production. In order to finance such productivity gains, it is foreseen that two thirds of the investments at stake will come from the private sector. One of the main comparative advantages of the EBRD is its ability to mobilize investments from the privat e sector and address policy challenges that constrain private sector productivity growth. This report has two objectives: (1) to analyse internal food security issues in the transition region, in particular in relation with policy measures taken by governments to ensure domestic food security and (2) to discuss the potential role that the region and in particular the main grain producing countries can play in increasing global food security by unleashing its production potential. Finally, we p rovide policy recommendations which include (i) overarching policy messages/directions for governments in relation to food security; (ii) broad directions for IFIs, including EBRD, to support their countries of operation in tackling the issue of food security; (iii) key roles that the private sector can play to unleash the region’s agricultural potential.

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Language English

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