From International Viewpoint
''It is generally agreed that the ‘global land grab’ began around 2007/8 when worldwide interest in the purchasing or leasing of land jumped to approximately 42 million hectares (ha), compared with an average of 2.7 million ha in previous years. [1] The dynamics of this recent trend of global capital reflect the growing strength of newly developed countries: 4 out of 5 of the ‘BRICS’ are in the top 20 of those investing in land – Brazil has acquired approximately 6.2 million ha; Russia hasn’t made the top 20; India are on 4.5 million ha; China, 11.6 million ha; and South Africa approximately 5.1 million ha – alongside countries such as Malaysia, Saudi Arabia, Qatar and South Korea.''
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