Encyclopedia of Global Justice

2011 Edition
| Editors: Deen K. Chatterjee

Land Grab

  • Zenia Kish
Reference work entry
DOI: https://doi.org/10.1007/978-1-4020-9160-5_744

The combined impact of the 2007–2008 world food crisis and the 2008 financial crisis have resulted in shifts worldwide in private investment, commodity markets, food production, and food security initiatives. One of the most significant aftereffects of these overlapping crises is a rapidly expanding agricultural land grab in which different parties are buying and leasing cultivable land across the Global South. Land acquisitions are made by nation-states fearful about future food insecurity, private investors and speculators seeking profit in a booming market, and development institutions with various stakes in modernizing production and opening up agricultural markets. Since the rapid acceleration of land acquisitions in 2008, what is widely being called a new land grab may represent the largest shift in land ownership since the colonial era: this global development has seen the sale of many tens of millions of hectares at an estimated value of $20–30 billion, with land deals in...

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References

  1. Magdoff F, Tokar B (eds) (2010) Agriculture and food in crisis: conflict, resistance, and renewal. Monthly Review Press, New YorkGoogle Scholar
  2. World Bank (2010) Rising global interest in farmland: can it yield sustainable and equitable benefits? The World Bank, Washington, DCGoogle Scholar

Copyright information

© Springer Science+Business Media B.V. 2011

Authors and Affiliations

  • Zenia Kish
    • 1
  1. 1.Department of Social and Cultural AnalysisNew York UniversityNew YorkUSA