The Political Economy of Agricultural and Food Policies

The Political Economy of Agricultural and Food Policies

Author: Johan Swinnen

Publisher: Springer

Published: 2018-05-24

Total Pages: 264

ISBN-13: 1137501022

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Winner of the European Association of Agricultural Economists Book Award Food and agriculture have been subject to heavy-handed government interventions throughout much of history and across the globe, both in developing and in developed countries. Today, more than half a trillion US dollars are spent by some governments to support farmers, while other governments impose regulations and taxes that hurt farmers. Some policies, such as price regulations and tariffs, distribute income but reduce total welfare by introducing economic distortions. Other policies, such as public investments in research, food standards, or land reforms, may increase total welfare, but these policies come also with distributional effects. These distributional effects influence the preferences of interest groups and in turn influence policy decisions. Political considerations are therefore crucial to understand how agricultural and food policies are determined, to identify the constraints within which welfare-enhancing reforms are possible (or not), and finally to understand how coalitions can be created to stimulate growth and reduce poverty.


The Economics of Sustainable Food

The Economics of Sustainable Food

Author: Nicoletta Batini

Publisher: Island Press

Published: 2021-06-08

Total Pages: 318

ISBN-13: 1642831611

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The Economics of Sustainable Food details the true cost of food for people and the planet. It illustrates how to transform our broken system, alleviating its severe financial and human burden. The key is smart macroeconomic policy that moves us toward methods that protect the environment like regenerative land and sea farming, low-impact urban farming, and alternative protein farming, and toward healthy diets. The book's multidisciplinary team of authors lay out detailed fiscal and trade policies, as well as structural reforms, to achieve those goals. Chapters discuss strategies to make food production sustainable, nutritious, and fair, ranging from taxes and spending to education, labor market, health care, and pension reforms, alongside regulation in cases where market incentives are unlikely to work or to work fast enough. The authors carefully consider the different needs of more and less advanced economies, balancing economic development and sustainability goals. Case studies showcase successful strategies from around the world, such as taxing foods with a high carbon footprint, financing ecosystems mapping and conservation to meet scientific targets for healthy biomes permanency, subsidizing sustainable land and sea farming, reforming health systems to move away from sick care to preventive, nutrition-based care, and providing schools with matching funds to purchase local organic produce.--Amazon.


Agricultural Policy in the United States

Agricultural Policy in the United States

Author: James L. Novak

Publisher: Routledge

Published: 2015-02-20

Total Pages: 265

ISBN-13: 1317611292

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Agricultural Policy in the US: Evolution and Economics traces the foundation of US agricultural policy from its colonial roots to the present, using economic concepts to analyze and interpret political and economic consequences. Ancient Roman food and agricultural reform, English Corn Law and other historic examples of agricultural policies are included to show that agricultural policy has a long history and has been found necessary for governance throughout history. Processes employed to develop US agricultural policies, the structure and function of government that develops and implements agricultural policy, and the specific evolution of policy from the early twentieth century to the Agricultural Act of 2014 are included. Specific policies in past farm bills are detailed in order to track their evolution and economic effects. This textbook includes arguments for and against common tools of US agricultural policy. This debate continues today and can be seen in a gradual change over time from taxes and tariffs to risk management. Information presented does not attempt to influence the readership towards a pro or con position but rather to present information to help the readers to understand the issues related to agricultural policy in the US.


Productivity Growth in Agriculture

Productivity Growth in Agriculture

Author: Keith Owen Fuglie

Publisher: CABI

Published: 2012

Total Pages: 390

ISBN-13: 1845939212

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This volume is written primarily for agricultural economists doing research on productivity. It includes discussions of the theoretical underpinnings of productivity measurement as well as the many practical considerations that go into translating this theory into actual measures of aggregated outputs and inputs. The unifying concept of agricultural productivity used across the chapters of this volume is aggregate total factor productivity (TFP) of the sector. The volume also contains detailed analysis of the underlying causes of agricultural productivity growth. Part I (chapters 2-6) examines agricultural productivity in high-income and transition countries. Part II (chapters 7-11) examines agricultural productivity growth and its driving forces in five important agricultural producers in Asia and Latin America. Part III (chapters 12-14) focuses on measuring and identifying constraints to agricultural productivity growth in sub-Saharan Africa. Part IV (chapters 15-16) gives a global perspective on agricultural productivity.


World Development Report 2008

World Development Report 2008

Author: World Bank

Publisher: World Bank Publications

Published: 2007-10-15

Total Pages: 390

ISBN-13: 0821368095

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The world's demand for food is expected to double within the next 50 years, while the natural resources that sustain agriculture will become increasingly scarce, degraded, and vulnerable to the effects of climate change. In many poor countries, agriculture accounts for at least 40 percent of GDP and 80 percent of employment. At the same time, about 70 percent of the world's poor live in rural areas and most depend on agriculture for their livelihoods. 'World Development Report 2008' seeks to assess where, when, and how agriculture can be an effective instrument for economic development, especially development that favors the poor. It examines several broad questions: How has agriculture changed in developing countries in the past 20 years? What are the important new challenges and opportunities for agriculture? Which new sources of agricultural growth can be captured cost effectively in particular in poor countries with large agricultural sectors as in Africa? How can agricultural growth be made more effective for poverty reduction? How can governments facilitate the transition of large populations out of agriculture, without simply transferring the burden of rural poverty to urban areas? How can the natural resource endowment for agriculture be protected? How can agriculture's negative environmental effects be contained? This year's report marks the 30th year the World Bank has been publishing the 'World Development Report'.


Food Economics

Food Economics

Author: Henning Hansen

Publisher: Routledge

Published: 2013-05-02

Total Pages: 438

ISBN-13: 1135075034

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Food and food markets still enjoy a pivotal role in the world economy and the international food industry is moving towards greater consolidation and globalization, with increased vertical integration and changes to market structure. Companies grow bigger in order to obtain economies of scale and issues and such as food security, quality, obesity and health are ever important factors. This book describes the link between food markets and food companies from a theoretical and a business economics perspective. The relationships, trends and impacts on the international food market are presented, and the topic is related to actual business conditions. Each chapter is accompanied by questions and assignments designed to help students in their learning. .


Foundations of Agricultural Market Analysis and Agricultural Policy

Foundations of Agricultural Market Analysis and Agricultural Policy

Author: Ulrich Koester

Publisher: Vahlen

Published: 2020-07-01

Total Pages: 451

ISBN-13: 3800663503

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Ulrich Koester researches and teaches at the Institute for Agricultural Economics at the Christian-Albrechts-University of Kiel, Germany. He has been a member of the Scientific Advisory Board of the Ministry of Food, Agriculture and Forestry for over 20 years. Moreover, he gained experience working with the International Food Policy Research Institute in Washington D.C. and with numerous international organizations, including the World Bank, FAO, the European Commission, the European Parliament and the European Court of Auditors. His teaching experience is based on courses taught at more than ten universities in general economics and agricultural economics. Part I of the book lays the theoretical foundations for understanding price formation in product and factor markets. In addition to neoclassical theory, institutional economics is of particular importance. Part II presents and evaluates agricultural policy with special reference to the EU, whereby the evaluation framework goes beyond the usual welfare theory analysis. The book is also a valuable aid for students of economic policy, especially because of its detailed evaluation of individual agricultural market policy instruments. The book is aimed at students at universities, technical colleges as well as politicians interested in rational agricultural policy making.


Principles of Agricultural Economics

Principles of Agricultural Economics

Author: Andrew Barkley

Publisher: Routledge

Published: 2013-03-05

Total Pages: 369

ISBN-13: 1136779000

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This book showcases the power of economic principles to explain and predict issues and current events in the food, agricultural, agribusiness, international trade, natural resources and other sectors. The result is an agricultural economics textbook that provides students and instructors with a clear, up-to-date, and straightforward approach to learning how a market-based economy functions, and how to use simple economic principles for improved decision making. While the primary focus of the book is on microeconomic aspects, agricultural economics has expanded over recent decades to include issues of macroeconomics, international trade, agribusiness, environmental economics, natural resources, and international development. Hence, these topics are also provided with significant coverage.


Climate Change and Agriculture

Climate Change and Agriculture

Author: Robert O. Mendelsohn

Publisher: Edward Elgar Publishing

Published: 2009-01-01

Total Pages: 255

ISBN-13: 1849802238

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The specific focus of this seminal work is on the economic impact of climate change on agriculture world wide, and how faced with the resultant environmental alterations, agriculture might adapt under varied and varying conditions. Enhanced with a detailed and comprehensive index, Climate Change and Agriculture is highly recommended for academic library environmental studies and economic studies reference collections and supplemental reading lists. The Midwest Book Review Despite its great importance, there are surprisingly few economic studies of the impact of climate on agriculture and how agriculture can adapt under a variety of conditions. This book examines 22 countries across four continents, including both developed and developing economies. It provides both a good analytical basis for additional work and solid results for policy debate concerning income distributional effects such as abatement, adaptation, and equity. Agriculture and grazing are a central sector in the livelihood of many people, particularly in developing countries. This book uses the Ricardian method to examine the impact of climate change on agriculture. It also quantifies how farmers adapt to climate. The findings suggest that agriculture in developing countries is more sensitive to climate than agriculture in developed countries. Rain-fed cropland is generally more sensitive to warming than irrigated cropland and cropland is more sensitive than livestock. The adaptation to climate change results reveal that farmers make many adjustments including switching crops and livestock species, adopting irrigation, and moving between livestock and crops. The results also reveal that impacts and adaptations vary a great deal across landscapes, suggesting that adaptation policies must be location specific. Finally, the book suggests a research agenda for the future. Economists in academia and the public sector, policy analysts and development agencies will find this broad study illuminating.