DEFINITION of 'Agricultural Sector Investment Program - ASIP'

A World Bank program focused on agricultural development in Africa. The Agricultural Sector Investment Program's four primary goals are:

  1. Policy and institutional improvements to reform key areas of marketing, trade and pricing, food security and land use and tenure.
  2. Public investment to complement policy and institutional improvements.
  3. Private sector development to attract private dollars.
  4. The creation of a rural investment fund for small-scale capital investments in rural areas on a matching grant basis to support privatization of government farms.

BREAKING DOWN 'Agricultural Sector Investment Program - ASIP'

The African countries of Zambia, Angola, Benin and Senegal participated in the ASIP program. The program is part of the World Bank's larger Millenium Development Goals (MDG), Corporate Advocacy Priorities (CAP) and Global Public Goods Priorities (GPG) programs.

RELATED TERMS
  1. USDA

    A department of the United States government that manages various ...
  2. Farmers Home Administration - FmHA

    An agency of the U.S. Department of Agriculture created to assist ...
  3. Theodore W. Schultz

    An agricultural economist who won the Nobel Prize in Economics ...
  4. National Commodities And Derivatives ...

    India's largest and most recognized commodities exchange, which ...
  5. Food And Agriculture Organization ...

    A United Nations agency that works on international efforts to ...
  6. Tenured Capital

    Loans offered by the government to key business sectors.
Related Articles
  1. Insights

    How To Invest In Farming Without Owning a Farm

    Investors have a number of ways to get exposure to the agriculture and farming sector besides actually having to buy a farm.
  2. Investing

    Top 3 Agriculture ETFs in 2017

    The three largest agriculture ETFs in 2017.
  3. Investing

    DBA vs. USAG: Comparing Agriculture ETFs

    Read a comparison of USAG and DBA, and learn about the characteristics, strategies and performance statistics of these agriculture exchange-traded funds.
  4. Insights

    The World Bank's All-Important World Development Indicators (WDI)

    The World Development Indicators are the world's economic scorecards: they evaluate where nearly every country stands and how far it has yet to go.
  5. Managing Wealth

    How To Invest In Private Companies

    It can be tough to analyze a company that doesn't trade publicly, but there are several advantages.
  6. Trading

    Commodities Are Headed Lower (DBA,WEAT)

    Nearby resistance, combined with recent moves below key support levels on major ETFs, suggest agriculture commodities will struggle to head higher in coming months.
  7. Investing

    What is the Private Sector?

    The private sector encompasses all for-profit businesses that are not owned or operated by the government.
  8. Trading

    3 Agriculture Charts to Keep on Your Radar

    Bullish charts on key agriculture funds suggest that the sector could be entering a new long-term uptrend.
  9. Investing

    Who Produces The World’s Food?

    While the planet’s food basket contains no single commodity that the entire world consumes, its ingredients are very similar.
  10. Trading

    Traders Remain Bearish on Agriculture (DBA, WEAT)

    Weakening global demand means agriculture looks poised for a continued move lower.
RELATED FAQS
  1. What economic indicators do agriculture investors need to watch?

    Agriculture investors should keep an eye on land prices, interest rates, inflation, harvest performance and speculative investment ... Read Answer >>
  2. Why are private equity investments usually reserved for rich people?

    Learn what investors without a high net worth can do to invest in private equity investments, and discover the benefits and ... Read Answer >>
  3. What are some of the key reasons a large corporation might prefer to remain a private ...

    Understand the reasons why a large corporation would want to remain as private instead of going public through an initial ... Read Answer >>
  4. What other sectors are most similar to financial services?

    Learn about the various components of the financial services sector as the main economic area that allows countries to export ... Read Answer >>
  5. How does privatization affect a company's shareholders?

    The most recognized transition between the private and public markets is an initial public offering (IPO). Through an IPO, ... Read Answer >>
Hot Definitions
  1. Promissory Note

    A financial instrument that contains a written promise by one party to pay another party a definite sum of money either on ...
  2. SEC Form 13F

    A filing with the Securities and Exchange Commission (SEC), also known as the Information Required of Institutional Investment ...
  3. Fixed Asset

    A long-term tangible piece of property that a firm owns and uses in the production of its income and is not expected to be ...
  4. Absolute Advantage

    The ability of a country, individual, company or region to produce a good or service at a lower cost per unit than the cost ...
  5. Nonce

    Nonce is a number added to a hashed block, that, when rehashed, meets the difficulty level restrictions.
  6. Coupon

    The annual interest rate paid on a bond, expressed as a percentage of the face value. It is also referred to as the "coupon ...
Trading Center