You are here: Home Feed the World: The Challenge of Agricultural Development

Feed the World: The Challenge of Agricultural Development

Organization: 
AgBioWorld
Alternate Solutions Institute
Cathay Institute for Public Affairs
CIIMA - ESEADE
Cedice
European Coalition for Economic Growth
Free Consumers Association
Fundación Libertad
Hayek Institute
Imani
Institut Constant de Rebecque
Institute of Public Affairs
Instituto de Libre Empresa
Instituto Liberdade
Istituto Bruno Leoni
Liberales Institut
Lion Rock Institute
New Zealand Business Roundtable
Tennessee Center for Policy Research
RSE
Circulo Liberal
Minimal Government Thinkers
Authors: 
Douglas Southgate
Publication date: 
Viernes, Abril 17, 2009
Teaser: 

This paper focuses on food, first surveying long-term trends in global demand and supply to put recent price changes into perspective. It evaluates various factors which underpin the high prices experienced in 2007 and 2008, including the conversion of crops into liquid fuels (“biofuels”). The paper concludes with lessons we should have learned recently about food scarcity and its alleviation

Prof. Douglas Southgate dentifies numerous policy changes that would improve agricultural output and reduce the price of food for everyone. These include:

  • scrapping agricultural subsidies
  • scrapping import and export restrictions on agricultural goods as well as inputs, such as fertiliser, pesticide and new crop varieties
  • improving protection of property rights
  • eliminating subsidies and trade protection for biofuel development
  • taking full advantage of the opportunities for sustainable agriculture created by biotechnology

 

AttachmentSize
southgate_april2009.pdf202.49 KB
  • ""