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Shifting Patterns of Agricultural Trade - The Protectionism Outbreak and Food Security (Hardcover, 1st ed. 2021)
Loot Price: R3,467
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Shifting Patterns of Agricultural Trade - The Protectionism Outbreak and Food Security (Hardcover, 1st ed. 2021)
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This book is a pivotal publication that seeks to improve food
security in the conditions of escalating protectionism in global
agricultural trade. The authors argue that global trade systems
have been increasingly distorted by emerging trade tensions between
major actors such as the US, China, the EU, and Russia, as well as
trade policies in many other countries. In view of the most recent
disruption of global food supply chains due to the outbreak of the
COVID-19, the book examines the effects of administrative
restrictions, tariff escalations, and other forms of protectionism
on food security. Over the decades, food security concerns have
been emerging, along with the growth of the world population. More
than two billion most impoverished people in the world spent up to
70% of their disposable income on food. In 2020, the running
pandemic has unraveled accumulated problems. As many countries rely
on agricultural imports, lockdowns and disrupted food production
and supply chains tremendously threaten food security of those
nations. Agricultural trade was already slowing in 2019 before the
virus struck, weighed down by trade tensions, and decelerating
economic growth. The spread of the virus and strict quarantine
measures trigger economic decline that results in food prices rises
and volatilities. Due to the pandemic, nearly all regions will
suffer double-digit decline in trade volumes 2020. The virus will
be defeated, but the effects of the protectionism outbreak would
have a much longer-lasting impact on agricultural production,
international supply chains, and food security worldwide. In this
publication, the authors probe into many of the choices that link
national, regional, and global policies extensively with the
provision of food security for all in the new era of post-virus
global trade. Since studying global agricultural trade has a
multinational application, its outcomes might be shared with a
broad international network of stakeholders, including research
institutions, universities, and individual researches. The book is
appropriate for government officials, policymakers, and businesses
of many countries. Adaptation of research outcomes and solutions to
the situation in particular countries and various collaboration
formats will let to increase the visibility of the publication and
to elaborate new practices and solutions in the sphere of
establishing sustainable food security.
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