Reexamining Policies for Food Security
This paper reexamines the effectiveness and efficiency of various policy options for ensuring food security in Asia, including boosting agricultural productivity growth rates and using more appropriate domestic policy measures.
Recent food price spikes, plus growing demands for food in emerging Asia and for biofuels in Europe and the United States, have prompted governments to review their strategies for dealing with both short-term and long-term food security concerns. This paper summarizes both long-run projections of markets under various scenarios and evidence on how trade policy restrictions were altered to insulate domestic markets from short-run fluctuations in international prices around their long-run trends. This provides a firm empirical basis for reexamining the effectiveness and efficiency of various policy options for ensuring food security in Asia, including boosting agricultural productivity growth rates to deal with long-run concerns and using more appropriate domestic policy measures rather than trade policies to cope with price volatility.
- Global Long-Term Modeling Methodology, Database, and Core Projection to 2030
- Alternative Policy and Climate Scenarios by 2030
- Trade Policy Responses to Short-Term Food Security Concerns with Volatile Prices
- Policy Options and Implications