Trade Policy for Food Security: Farm Policies of Developed Countries

Early studies on the potential impacts of climate change indicated that agriculture was not likely to be severely affected, as carbon fertilization and trade flows were thought to be able to compensate for any productivity declines related to climate change. Recent work, however, has raised doubts about whether carbon fertilization laboratory test results can be replicated in the field. With the effects of carbon fertilization in question, the role of trade in the context of climate change becomes even more important. Climate change is anticipated to increase the incidence of food insecurity around the world, but trade has the potential to help counteract this effect by delivering agricultural goods to areas experiencing productivity declines.Early studies on the potential impacts of climate change indicated that agriculture was not likely to be severely affected, as carbon fertilization and trade flows were thought to be able to compensate for any productivity declines related to climate change. Recent work, however, has raised doubts about whether carbon fertilization laboratory test results can be replicated in the field. With the effects of carbon fertilization in question, the role of trade in the context of climate change becomes even more important. Climate change is anticipated to increase the incidence of food insecurity around the world, but trade has the potential to help counteract this effect by delivering agricultural goods to areas experiencing productivity declines.