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Adedeji further disclosed that it is now widely acknowledged that the current global turbulence accentuated by the financial and banking turmoil which is reminiscent of the Great Depression of the 1920s and the 1930s, including the recent upheaval in Nigeria 's banking sector, "is the failure of corporate governance.."

Foremost amongst the factors that undermine smallholder agriculture is the gross undercapitalization of the sector. Investment in key areas such as research, infrastructure development, mechanization, irrigation, value chain development and human capital development lags behind that in other developing regions and has actually declined over the past decade.

In countries such as India and Thailand, public investments in agriculture have substantially reduced rural poverty by stimulating agricultural growth and reducing food prices. Investments in other key facets of the rural economy such as road infrastructure and education have also been shown to have large positive outcomes. These findings suggest that the "how" of agricultural spending can be as important as the "how much".