A technical note describing the data source and analytical methods used to measure risk exposure at farm level; the stochastic simulation model to analyze farm behaviour and policy performance under risk; and cluster analysis to select representative farms for model calibration.
What are the implications of risk management for agricultural policy? Drawing on OECD case studies and workshops, this book looks at management principles and guidelines for policy design in agriculture, as well as quantitative analysis of risk.
Over the coming decade, higher food prices and volatility in commodity markets are here to stay. This raises concerns for economic stability and food security in some developing countries, with poor consumers most at risk of malnutrition, said OECD Secretary-General.
Food prices are literally a matter of life and death, especially for the poorest of the poor, who already spend up to 80% or 90% of their income on food. Unfortunately, our medium term projections for global supply, demand and prices of agricultural commodities show that most prices look likely to trend significantly higher in the coming decade.
More efficient and equitable agricultural policies will require better targeting of income support and, in turn, better information on the income and wealth situation of the agricultural population, according to this study of Canada, the United States and the European Union.
A focus on reducing market price support is the key to effective agricultural policy reform, says this study of farm reforms in the United States, European Union, Canada, Japan, Korea, Mexico and Switzerland.
U.S. agricultural policy reform should continue its recent shift towards less distortion of production and trade, notably with market-based approaches for support programmes and agricultural risk management, according to this study of reforms since 1985.
Ces articles considèrent les réformes récentes de la Politique Agricole Commune (PAC) en prenant en considération le régime de paiement unique, ainsi que les quotas et la restructuration dans les secteurs sucrier et laitier. (En anglais)
Farm risk management in Canada is overcrowded with policies and unable to signal layers of risk that farmers should manage themselves. Canada should better define its risk programmes: income stabilization payments should focus on a middle range of risk, while farmers manage normal business risk.
Dutch agricultural risk management should develop an ex ante policy framework for assistance in catastrophic events such as livestock epidemics and climatic disasters, as well as a longer-term strategy on insurance.