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Policy Implications and Prospects for Boosting Global Food Security

In: Agricultural Trade, Policy Reforms, and Global Food Security

Author

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  • Kym Anderson

    (University of Adelaide
    Australian National University)

Abstract

Open markets maximize the benefit that international trade can offer to boost global food security and ensure that the world’s agricultural resources are used sustainably. The declining costs of trading internationally reinforce that message, as does climate change. If global warming and extreme weather events are to become more damaging to food production, they provide all the more reason to be open to international food markets and allow trade to buffer seasonal fluctuations in domestic production. The more countries that do so, the less volatile will be international food prices. Developing countries concerned that poor households would be too vulnerable if food markets were unrestricted can now invoke, at low cost, generic social safety net measures such as conditional targeted income supplements, targeting them to the most vulnerable households.

Suggested Citation

  • Kym Anderson, 2016. "Policy Implications and Prospects for Boosting Global Food Security," Palgrave Studies in Agricultural Economics and Food Policy, in: Agricultural Trade, Policy Reforms, and Global Food Security, chapter 0, pages 307-323, Palgrave Macmillan.
    • Handle: RePEc:pal:psachp:978-1-137-46925-0_12
    DOI: 10.1057/978-1-137-46925-0_12
    as

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