Launch event: Agricultural Investment Data Analyzer (AIDA) guides policy makers on potential economic and social impacts
BY DALIA ELSABBAGH
Investments in agriculture can have broad economic and social impacts. To help developing countries analyze those effects and promote more evidence-based decision-making, IFPRI, the International Fund for Agricultural Development (IFAD) and the IFPRI-led CGIAR Research Program on Policies, Institutions, and Markets (PIM) created the Agricultural Investment Data Analyzer (AIDA) tool.
AIDA is the first online, user-friendly tool that uses an economy-wide model to assess the impact of agricultural investments on economic growth, job creation, and household welfare, and perform complex investment analysis.
IFPRI and IFAD introduced the AIDA tool at a Feb. 24 event during the IFAD INNovation Talks. The virtual launch event highlighted the underlying need for the AIDA tool in developing countries. It is now available in four (in both English and Arabic): Egypt, Tunisia, Jordan, and Yemen.