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Non-Distorting Farm Support to Enhance Global Food Production (Paperback)
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Non-Distorting Farm Support to Enhance Global Food Production (Paperback)
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The recent world food crisis highlighted the critical issue of
global food security and the need to enhance global agricultural
production capacity to meet current and future food demand.
Increased investment in agriculture and adequate incentives to
farmers are required to meet this global challenge. Developed
countries provide support to farmers to increase farm income,
reduce income variability, improve competitiveness of the
agricultural sector, and provide for safe and quality food. Many
farm support policies stimulate domestic production, but also
create distortions in world markets, inducing disincentives in
developing countries' agricultural production in the long run.
These distortions have been the object of considerable debate
within the World Trade Organization agreement on agriculture. This
book provides a review of farm support in high income countries,
and explores options for reshaping such farm support in a
non-distortionary manner. It also addresses the responses needed in
developing countries to ensure a long term and sustained faster
growth in their agricultural sectors, enhanced food production,
rising rural incomes, and lower poverty.
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