The 4 reference contexts in paper M. Panait, J. Andrei, C. Voica (2017) “AGRICULTURAL INVESTMENTS - BETWEEN PROFITABILITY AND SUSTENABILITY” / spz:neicon:stavapk:348

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    The world food price crisis of 2007–08 generated investments in this area, but positive effects are overshadowed by the negative consequences that have some form of investment, especially large-scale investments for land acquisition. As it was already proved in literature
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    (Zaman, 2012; Ene and Njegovan, 2012; Liu,2014; Karlsson, 2014),
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    the benefi ts of investment in agriculture are multiple for local communities and for the rural economy in general, as: – employment creation, – higher productivity, – improvement of food availability and food security, – poverty reduction, – technology transfer, access to new farming technology and practices, – access to fi nance and markets
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    According with FAO estimations, in developing countries, the agricultural investment needs to increase by at least 50 percent. This fi gure was calculated taking in account the necessity to meet projected increased demand by a world population that is expected to pass 9 billion in 2050
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    (Karlsson, 2014,
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    p 5) The FAO experts recommend making annual investments of over US$80 billion in order to meet targets for reducing poverty and the numbers of malnourished. The FAO reports on The State of Food and Agriculture revealed, most often, the importance of public authorities in planning, directing and stimulating investments in agriculture.
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    So, the promotion of voluntary standards and good practices are essentials in this fi eld, too. Even the international standards are non-binding and cannot substitute for national legal provisions, they can have a positive impact on investment`s decisions.
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    (Karlsson, 2014,
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    p.11) The investment made by different economic agents must improve food security, respect the rule of law and best practices, and meet principles of social sustainability and environmental sustainability.
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    Conclusions The agricultural investments are one of the tools that can be used in order to achieve at least one of the sustainable development goals – «end hunger, achieve food security and improved nutrition and promote sustainable agriculture». The agricultural investments must be re-designed taking in account the following considerations (FAO, 2013;
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    Liu,2014;
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    World Bank, 2014): – in developing countries, the agriculture is the main promoter for development, food security and poverty reduction; – the smallholder farmers are the main agricultural producers, but they have many vulnerabilities because of resource- constraints (small capital available for investment, lack of access to additional fi nancing, agricultural i
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