Communication 12: The Role of Agricultural Banks and Sustainable Agricultural Development: Evidence from a Farming Community in Libya
2021
Farmers and rural communities in developing countries
encounter a broad range of challenges, including poverty, hunger, poor health
and well-being, and climate change. In relation to sustainable agricultural
development, farmers need to apply appropriate farming techniques and
agricultural technologies that require a high level of investments. In Libya,
the Agricultural Bank was founded to promote agricultural development that is
both sustainable and improves the living standard of rural communities and farmers’
welfare. The present study is focused on the role of the Agricultural Bank in
the Jafara region to the South-west of Tripoli City in addressing the
challenges of poverty, hunger, poor health and well-being, and climate change
or not. Based on a mixed method approach, including 83 surveys and 26
interviews with farmers in the region, the study reveals that the Agricultural
Bank has inadequate financial resources to improve the infrastructure,
production and level of prosperity among farmers in the agricultural sector of
the region. The paper concludes with some practical recommendations regarding
how government and the Agricultural Bank can more effectively support
sustainable agricultural development in the Jafara region and other rural area
of Libya.
Keywords:
- Correction
- Source
- Cite
- Save
- Machine Reading By IdeaReader
0
References
0
Citations
NaN
KQI