In many parts of the world there is an urgent call to develop strong agribusiness entrepreneurial, managerial and leadership capacity building through research and knowledge sharing and climate change adaptation for future food supply security. In the case of Bangladesh having a strong agribusiness sector is critically urgent in the context of climate change, its geo-physical conditions and expected changes in socio-economic structure from its economic transformation from ‘low-income’ to a ‘middle-income’ nation. This paper, based on an analysis of historic data and literature explores the role and significance of agribusiness development in Bangladesh and assesses the prospects and challenges of agribusiness development in the country. Significant farm production technology development and food production growth has been achieved over the past few decades. Agribusiness development has focused on input supply for the increase in farm production through technology development and the dissemination of public funds. So far no remarkable agribusiness development efforts has taken place concerning post-farm agro-processing and marketing levels. Various institutional and other weaknesses and challenges exist preventing post farm agribusiness development as well as the full realization of the potentials of on-farm technology development. This paper recommends structural, institutional, and market-friendly policy reforms and intellectual capacity building for effective agribusiness development and its strategic management.
|Title of host publication||Climate Adaptation for a Sustainable Economy|
|Subtitle of host publication||Lessons from Bangladesh, an Emerging Tiger of Asia|
|Publisher||Nova Science Publishers|
|Number of pages||32|
|Publication status||Published - 2020|