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Power in Global Agriculture: Economics, Politics, and Natural Resources

Author

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  • Renwick, Alan
  • Islam, Md. Mofakkarul
  • Thomson, Steven

Abstract

Recent events, such as the 2008 food price crisis, have focussed global attention on the agriculture and food sectors. In particular, many countries have become increasingly concerned with the issue of ensuring the security of their food supply and one key element of this is who has power within the food supply chain. Through examining three dimensions of power – Economic, Political, and Natural Resources – this paper explores where power currently lies in world agriculture and how this might change in the future. Whilst recognising that power is a somewhat abstract concept, through a process of deriving potential indicators, a picture of the distribution of power is drawn. These indicators were also used to develop a simple ‘global power index’. The power index indicates that the US and the EU dominate world agriculture in terms of economics and politics, but are potentially vulnerable in terms of their possession of natural resources. On the other hand, the emerging economies have lower political and corporate power, but seem better placed in terms of natural resources. The paper concludes by discussing the implications of these findings for the main food producing regions.

Suggested Citation

  • Renwick, Alan & Islam, Md. Mofakkarul & Thomson, Steven, 2012. "Power in Global Agriculture: Economics, Politics, and Natural Resources," International Journal of Agricultural Management, Institute of Agricultural Management, vol. 2(1), pages 1-18, October.
    • Handle: RePEc:ags:ijameu:159246
    DOI: 10.22004/ag.econ.159246
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    References listed on IDEAS

    as
    1. World Bank, 2011. "The World Bank Annual Report 2011 [Banco Mundial - informe anual 2011 : reseña del ejercicio]," World Bank Publications - Books, The World Bank Group, number 2378.
    2. Steinberg, Richard H., 2002. "In the Shadow of Law or Power? Consensus-Based Bargaining and Outcomes in the GATT/WTO," International Organization, Cambridge University Press, vol. 56(2), pages 339-374, April.
    3. World Bank, 2010. "The World Bank Annual Report 2010," World Bank Publications - Books, The World Bank Group, number 5906.
    4. Chad P. Bown & Bernard M. Hoekman, 2005. "WTO Dispute Settlement and the Missing Developing Country Cases: Engaging the Private Sector," Journal of International Economic Law, Oxford University Press, vol. 8(4), pages 861-890, December.
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    Cited by:

    1. Fischer, Klara, 2016. "Why new crop technology is not scale-neutral—A critique of the expectations for a crop-based African Green Revolution," Research Policy, Elsevier, vol. 45(6), pages 1185-1194.
    2. Mahon, N. & Crute, I. & Di Bonito, M. & Simmons, E.A. & Islam, M.M., 2018. "Towards a broad-based and holistic framework of Sustainable Intensification indicators," Land Use Policy, Elsevier, vol. 77(C), pages 576-597.

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