IDEAS home Printed from https://ideas.repec.org/p/ags/eaa108/48103.html
   My bibliography  Save this paper

Agricultural Policies and Risk Management: A Holistic Approach

Author

Listed:
  • Anton, Jesus

Abstract

This paper discusses the main issues and driving forces of government policies in the area of risk management in agriculture, with particular emphasis on good policy practices and the international environment. Four main ideas are developed. First, good policy and good policy analysis requires a holistic approach. This is particularly so in this policy area because risks interact prominently with both farm household strategies and government programs and regulations in terms of risk reduction impacts and the development of market tools and strategies. Second, the rational for government actions which are based on market failure or equity concerns need to be defined in order to analyze its nature and scope, as well as to develop appropriate government measures. Third, the context of all support measures to agriculture must be considered because there are potential risk-related effects associated with most forms of support, particularly in OECD countries with high level of support to agriculture. Fourth, risk management measures need to comply with international agreements, particularly the Agreement on Agriculture of the World Trade Organization. Implications for good policy in this area have already been drafted by OECD and are useful for policy analysis.

Suggested Citation

  • Anton, Jesus, 2008. "Agricultural Policies and Risk Management: A Holistic Approach," 108th Seminar, February 8-9, 2008, Warsaw, Poland 48103, European Association of Agricultural Economists.
  • Handle: RePEc:ags:eaa108:48103
    as

    Download full text from publisher

    File URL: http://purl.umn.edu/48103
    Download Restriction: no

    References listed on IDEAS

    as
    1. David A. Hennessy, 1998. "The Production Effects of Agricultural Income Support Policies under Uncertainty," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(1), pages 46-57.
    2. Harwood, Joy L. & Heifner, Richard G. & Coble, Keith H. & Perry, Janet E. & Somwaru, Agapi, 1999. "Managing Risk in Farming: Concepts, Research, and Analysis," Agricultural Economics Reports 34081, United States Department of Agriculture, Economic Research Service.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:eaa108:48103. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search). General contact details of provider: http://edirc.repec.org/data/eaaeeea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.