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  • 1. PUBLIC INVESTIMENTS FOR AGRICULTURE DEVELOPMENT: the Brazilian story José Garcia Gasques Eliana Teles Bastos Seminar IFPRI / Embrapa Brasília, June 2, 2010
  • 2. SOURCE: MINISTÉRIO DA FAZENDA - TESOURO NACIONAL - PORTARIA N.371, 29 DE JUNHO DE 2009 100,00 96,20 3,74 0,05 AGRARIAN ORGANIZATION 100,00 60,74 28,34 10,92 AGRICULTURE TOTAL UNION STATES MUNICI- PALITIES   Percentage (%) 20.219,5 13.919,6 4.593,8 1.706,2 TOTAL 4.619,3 4.444,0 172,8 2,5 AGRARIAN ORGANIZATION 15.600,2 9.475,5 4.421,0 1.703,7 AGRICULTURE TOTAL UNION STATES MUNICI- PALITIES   Functions Millions R$ Consolidation of Public Accounts – Expenditures of 2008
  • 3. Growth rates of GDP, Union, Agriculture and Agrarian Organization Expenditures Source: MF/ STN, Ipea - Ipeadata 0,30 AGR+ AO 2,49 GDP 6,17 Union Expenditures 1980 - 2009 Annual growth rate (%)
  • 4. Share of Agriculture and Agrarian Organization in Total Union Expenditures source: Ministério da Fazenda/STN; Ipea - Ipeadata; FGV - Fundação Getúlio Vargas
  • 5. Share of Agriculture and Agrarian Organization in Total Union Expenditures Source: Ministério da Fazenda/STN; Ipea - Ipeadata; FGV - Fundação Getúlio Vargas High inflation subsidies Economy Opened to International Markets Family Agriculture Plan (Pronaf) New commercialization instruments
  • 6. Expenditures Key Actors Agriculture Sector Key Actors Agrarian Organization Source: MF/ STN
  • 7. Federal Expenditures on Agriculture and Agrarian Organization Functions– 1980-2009 source: STN/MF
  • 8. Federal Expenditures on Agriculture and Agrarian Organization Functions 2000- 2009 Source: STN/MF
  • 9. Share of National Treasury resources in financing of farmers and cooperatives
    • And now, How farmers obtain Resources?
    • Self capital
    • Firms that sell inputs (Credit from Industry).
    • Banking system
    Source: Banco Central do Brasil, Anuário do Crédito Rural 0,55 2009 0,56 2008 0,96 2007 0,96 2006 2,17 2005 3,83 2004 1,90 2003 1,68 2002 1,61 2001 0,02 2000 0,11 1999 1,66 1998 1,50 1997 3,48 1996 PRONAF 19,70 1995 Real Plan “Plano Real” 27,11 1994 26,67 1993 New sources of financing 22,97 1992 24,18 1991 Changes in Rural Credit Legislation 26,72 1990   23,96 1989 What Happened ? 24,51 1988 37,29 1987 64,87 1986 63,98 1985 Share % years
  • 10. Source: Banco Central do Brasil, Anuário do Crédito Rural
  • 11. Expenditures on Research: Embrapa and Total Factor Productivity
  • 12. Time Series Model Results
    • Figura 1 – Cummulative effects of Embrapa Expenditures shock on TFP.
    • Figura 2 – Cummulative effects of price relation shock on TFP.
    Source: Gasques, Bastos e Bacchi, 2008
  • 13. Agriculture and Agrarian Functions What Were the Priorities in 2009 ? Source: MF/ STN and Embrapa 100,00 18.941,74 Agriculture+Agrarian Organization 31,74 6.011,27 Others 10,26 1.944,03 Family Agriculture ( Pronaf ) 9,38 1.776,16 Coffee Economy 9,80 1.855,38 Research 16,22 3.071,47 Rural Credit 22,61 4.283,43 Commercialization % Millions Reais Programs
  • 14. Agriculture and Livestock Plan 2010/ 2011 Perspectives
    • To guarantee higher quantity of financial resources
    • To support medium farmers and the cooperatives
    • To maintain the investment programs
    • To improve Rural Credit operations
    • To increase the capacity of storage
    • To support commercialization
    • Encourage environmentally-friendly practices
    • To expand areas of crops/livestock, forest and Direct Planting Integration
    • Rural insurance expansion
    • Approval of the Catastrophe Fund
  • 15. Assessoria de Gestão Estratégica - AGE Ministério da Agricultura, Pecuária e Abastecimento Esplanada dos Ministérios, Bloco D, 7º Andar CEP 70043-900 Brasília/DF Tel: (061) 3218-2644/2978 [email_address] Chefe - Derli Dossa: derli.dossa@agricultura.gov.br Equipe José Garcia Gasques: jose.gasques@agricultura.gov.br Eliana Teles Bastos: eliana.bastos@agricultura.gov.br
  • 16. Expenditures of Union in Commercialization and Rural Credit Source: MF/ STN 7.354,90 3.071,47 4.283,43 2009 3.195,76 2.301,65 894,12 2008 6.520,62 3.659,60 2.861,02 2007 6.460,39 2.934,81 3.525,59 2006 5.418,92 3.422,31 1.996,61 2005 4.519,44 4.249,18 270,26 2004 5.161,98 3.056,16 2.105,82 2003 4.168,00 3.013,34 1.154,67 2002 5.363,15 2.542,30 2.820,85 2001 5.616,69 2.446,48 3.170,21 2000 Total Rural Credit Commercialization