The United States has tools to raise productivity in sustainable ways that poor countries don’t. One of these is a sophisticated research and development (R&D) sector.
Historically, U.S. public investments in agricultural R&D have paid off handsomely, with cost-benefit ratios of 20:1 or even higher.
The United States also contributes to global agricultural R&D, primarily through the Consultative Group on International Agricultural Research (CGIAR). Established in 1971, CGIAR is a network of research centers around the globe, all focused on innovations to support poor farmers in developing countries—something that the private sector tends to neglect. Investments in CGIAR have a comparable track record, with a rate of return on investments estimated up to 17:1.