ECON 3404 Lecture Notes - Lecture 1: Food Policy, Chiquita Brands International, Financial Regulation
12 Oct 2016
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Food policy analysis: normative: what the policy ought to be, the one that maximizes certain objectives given political and economic constraints, positive: what the policy is, without any value judgements of right and wrong outcomes. Water and soil: food production, processing. Chi(cid:395)uita, (cid:862)light(cid:863) (cid:373)eals: consumption and safety, nutrition. Conflicting goals: un fao and world trade center organization. Wco is for gmos, while un fao is against them: thailand has the best rice, but they export all of it to make money. Malaysia protects its rice production by regulating import of thai rice. People will smuggle rice into malaysia regardless. The change of focus: policy used to: Preserve the rights of land holders (law) Assure certain income level for farmers or taxing them to subsidize other sectors (i. e. asia: this is still the case in many developing countries where agricultural productivity growth is necessary. Switch from top down to bottom up. Based on needs in a community, including nutritionally.
