State and Perspectives of Agricultural Land Acquisitions
State and Perspectives of Agricultural Land Acquisitions

Summary/Abstract: Despite being marginal in both the general and scientific public, land acquisitions have brought agricultural land in the unprecedented focus of interest. The causes of these changes are the consequence of, inter alia, the growing world population, which undeniably leads to the increased need for agricultural products. Therefore, in this article, the most relevant cause of agricultural land acquisitions is considered – growing food demand. The history suggests that the acquisitions of agricultural lands are not a new phenomenon, but rather a new wave of déjà vu. The latest wave of agricultural land acquisitions, according to the general understanding, started with the global financial crisis. The growing demand for land acquisition began, which led developing countries to realize that the purchase of agricultural land, despite its potentially negative effects, could catalyze economic development. The main goal of this paper is to review and explore the state and perspectives of agricultural land acquisition on a global level. The research uses data from the Land Matrix database and employs historical method, conceptual analysis of law, classification method, content analysis, synthesis, systematic literature review, and descriptive statistics method. We drew the conclusion that more than a third of all the cross-border land acquisitions were caused by the growing food demand. The results of the research show that the growth of land acquisitions follows the growth of the world population, implying that the demand for agricultural land will not be stagnant for at least three more decades, i.e. land acquisitions undeniably are in continuo.

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