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Emerging Trends In The New Food Economy: Consumers, Firms And Science

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  • Kinsey, Jean D.

Abstract

Seven trends that emerge in the new global economy will be identified followed by a discussion of how they evolved and what they imply for public policy and for various types of firms and consumers. Some have called it the "brave new world" of food production and consumption. Some dislike what they see, others fear it, and many embrace it. The new food economy involves many non-food firms that provide ancillary services and products. They go way beyond the familiar farm input suppliers to consulting firms for software and data analysis, to electronic system designers, to engineers of food and packaging, to biological and physical scientists who redesign the food itself. Together, they make the food system work for consumers and for those firms that are receptive to new technology and new ways of doing business.

Suggested Citation

  • Kinsey, Jean D., 2003. "Emerging Trends In The New Food Economy: Consumers, Firms And Science," Working Papers 14575, International Agricultural Trade Research Consortium.
    • Handle: RePEc:ags:iatrwp:14575
    DOI: 10.22004/ag.econ.14575
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    File URL: https://ageconsearch.umn.edu/record/14575/files/wp03-04.pdf
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    References listed on IDEAS

    as
    1. Jean D. Kinsey, 2001. "The New Food Economy: Consumers, Farms, Pharms, and Science," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(5), pages 1113-1130.
    2. James E. Rauch, 2001. "Business and Social Networks in International Trade," Journal of Economic Literature, American Economic Association, vol. 39(4), pages 1177-1203, December.
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    Cited by:

    1. Lucia Mancini, 2013. "Conventional, Organic and Polycultural Farming Practices: Material Intensity of Italian Crops and Foodstuffs," Resources, MDPI, vol. 2(4), pages 1-23, December.
    2. Mehmet Arda, 2006. "Food Retailing, Supermarkets and Food Security: Highlights from Latin America," WIDER Working Paper Series RP2006-107, World Institute for Development Economic Research (UNU-WIDER).
    3. Miller, Andrew D. & Langley, Suchada V. & Chambers, William, 2003. "Current Issues Affecting Trade And Trade Policy: An Annotated Literature Review," Working Papers 14606, International Agricultural Trade Research Consortium.
    4. Mehmet Arda, 2006. "Food Retailing, Supermarkets and Food Security: Highlights from Latin America," Working Papers id:776, eSocialSciences.
    5. Neeliah, Harris & Neeliah, Shalini Amnee, 2014. "Changing Agro-food Export Composition and SPS Compliance: Lessons for Mauritius," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 15(1), pages 1-23.

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