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COTULA, LORENZO (2) answer(s).
 
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ID:   091820


Deal or no deal: the outlook for agricultural land investment in Africa / Cotula, Lorenzo; Vermeulen, Sonja   Journal Article
Cotula, Lorenzo Journal Article
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Publication 2009.
Summary/Abstract Recent sharp increases in food prices have prompted some food-importing countries to promote the acquisition of farmland abroad as a strategy to secure food supplies at affordable prices. Businesses are recognizing new opportunities for strong returns from agricultural investment, including agri-food, biofuels and other agricultural commodities. Dubbed 'land grabs' in the press, large-scale land acquisitions have kindled much international debate, in which strong positions are taken on the impacts of such investments on the environment, rights, sovereignty, livelihoods, development and conflict at local, national and international levels. This article provides an analysis of this complex and shifting situation, focusing on Africa and drawing on quantitative inventories of land acquisitions in four countries and on a small sample of land deals. The article lays out key trends and drivers, and discusses the main features of international land deals before analysing the main risks and opportunities involved, focusing on implications for local, national and global food security. The article concludes by outlining practical steps to make the renewed momentum in agricultural investment work for development, and avoid the pitfalls of exacerbated political tensions.
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ID:   124927


New enclosures: Polanyi, international investment law and the global land rush / Cotula, Lorenzo   Journal Article
Cotula, Lorenzo Journal Article
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Publication 2013.
Summary/Abstract Seven decades after its first publication, Karl Polanyi's The Great Transformation remains one of the most insightful readings about the socioeconomic changes associated with the Industrial Revolution, and the ways in which law facilitated, or countered, moves towards the commodification of land at that time. As today's global land rush brings competing land claims into contest, new transitions are occurring between more commodified and more 'socially embedded' conceptualisations of land. Using Polanyi's framework, this article analyses the role of international law in these processes. International investment law construes land as a commercial asset, can facilitate access to land for foreign investors and imposes discipline on the exercise of regulatory powers in land matters. But shifts in the political economy that underpins international investment law and growing recourse to international human rights law are creating new opportunities for reflecting the non-commercial (cultural, social, political) relations within which land rights remain embedded in many societies. When contrasting conceptualisations of land collide, the relative strength of legal rights and enforcement mechanisms become particularly important. Ultimately, the legitimacy of international law to mediate between competing land claims will depend on the extent to which it can recognise the multiple values that society attaches to land.
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