Running out of Farmland?

Research output: Contribution to journalArticleAcademicpeer-review

53 Citations (Scopus)
15 Downloads (Pure)

Abstract

This article critically analyzes the assumption that land is becoming increasingly scarce and that, therefore, farmland values are bound to rise across the globe. It investigates the process of land value creation, as well as its flipside: value erosion and stagnation, looking at the various mechanisms involved in each. As such, it is a study of how the financialization of agriculture affects the process of land commoditization. I show that, for farmland to be turned into an asset, a whole range of conditions have to be fulfilled, presenting a typology of asset making in the context of farmland. Asset making, like commoditization, is a process of assemblage, and it is less straightforward and less stable than generally assumed. Further, I argue that ‘asset making’ is not a one-way process. The article is based on an analysis of global data on land values and the case of farmland investment in post-Soviet farmland (Russia and Ukraine).
Original languageEnglish
Pages (from-to)1-14
Number of pages14
JournalAgriculture and Human Values
Volume34
DOIs
Publication statusPublished - 1 Feb 2016

Research programs

  • EUR-ISS-PER

Fingerprint

Dive into the research topics of 'Running out of Farmland?'. Together they form a unique fingerprint.

Cite this