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Working PaPer SerieS no 1272 / DeCeMBer 2010: THe iMPaCT of PuBliC guaranTeeS on Bank riSk Taking eviDenCe froM a naTural exPeriMenT

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There is also considerable scope for a South-South exchange of good prac- tice. Again, when done right, larger-scale farming can provide opportunities for poor countries with large agricultural sectors and ample endowments of land. To make the most of these opportunities, however, countries will need to bet- ter secure local land rights and improve land governance. Adopting an open and proactive approach to dealing with investors is also needed to ensure that investment contributes to broader development objectives. Experience in Asia and in Latin America and the Caribbean can provide lessons for Sub-Saharan African countries that have confronted these issues more recently. A major conclusion of the report is.