Land Deal Brief: The Myth of Job Creation

 

The promise of job creation has been put forward by investors, governments, and international institutions to convince local communities of the benefits of foreign investment in agriculture. For instance, the Sierra Leonean president, claimed in March 2011, “Huge investments in the [agricultural] sector will definitely translate into hundreds of thousands of employment opportunities for our youths.” Several countries studied by the Oakland Institute reveal that many locals thus welcome land investment with the hope that such projects will bring jobs and wages.