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Books > Business & Economics > Industry & industrial studies > Primary industries > Agriculture & related industries
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Genetically Modified Food and Global Welfare (Hardcover, New)
Loot Price: R4,476
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Genetically Modified Food and Global Welfare (Hardcover, New)
Series: Frontiers of Economics and Globalization
Expected to ship within 12 - 19 working days
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"Genetically modified (GM) (or transgenic) crops are produced using
plant biotechnology to select desirable characteristics in plants
and transfer genes from one organism to another. As a result, crops
can survive under harsher conditions, costs are lowered, chemical
application is reduced, and yields are improved. Scientists are
introducing genes into plants that will give them resistance to
herbicides, insects, disease, drought and salt in the soil. The
application of modern biotechnology to crop and food production is
one of the most significant technological advances to impact modern
agriculture. The future of GM technology holds further promises of
continued benefits. But the potential of GM product innovations has
been overshadowed by significant controversy over this technology.
The regulatory activism that has accompanied the diffusion of GM
technology has given rise to a complex situation that is replete
with obstacles for current and future GM innovations. This is
particularly true for the European Union (EU), which has
implemented restrictive policies that undoubtedly constrain the
current status and the future potential of biotechnology. The
discourse on biotechnology applied to food and agriculture is at a
crossroads due to rising food prices and concerns about adequate
food supplies. Over the last decade a large body of applied
economics work has addressed the key questions surrounding the
application of this technology to food production. It is now time
to take stock of the results of these efforts, and consolidate the
methodological, analytical and empirical findings. The challenge is
to strengthen the consensus of what economics have to offer in the
analysis of the complex issues surrounding the ongoing development
of GM products for the agricultural and food sector. The task is,
to provide a new perspective on the most pressing policy questions
and to help foster an intellectual climate conducive to achieving
meaningful progress and lasting solutions. That is the motivation
for this volume. It brings together fresh insights from top
agricultural economists in the areas of consumer attitudes,
environmental impacts, policy and regulation, trade, investment,
food security, and development."
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