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Robust policy frameworks for strengthening the resilience and sustainability of agri-food global value chains

Author

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  • Awokuse, Titus
  • Lim, Sunghun
  • Santeramo, Fabio
  • Steinbach, Sandro

Abstract

Agri-food global value chains (GVCs) have transformed food production and trade, fostering efficiency and specialization across international borders and also introducing new challenges. This paper synthesizes insights from a special issue focused on agri-food GVCs, addressing four critical areas essential for enhancing the resilience and sustainability of these chains. We explore how trade connections and specialization can drive economic growth, emphasizing the importance of GVC integration. We also examine the role of transportation and infrastructure in ensuring global trade efficiency, highlighting the need for strategic investments to support robust supply chains. Additionally, we assess the impact of trade policies on sustainability, market disruptions, and overall efficiency, underscoring the importance of regulatory frameworks that promote both economic and environmental goals. Finally, we consider the implications of domestic and trade policies on welfare and equity, particularly in developing regions where inclusive growth remains a pressing concern. By identifying these essential areas for robust policy frameworks, this paper provides actionable insights for enhancing the resilience and sustainability of the global food system, which can inform policies that enhance the benefits of agri-food GVC integration while mitigating their risks.

Suggested Citation

  • Awokuse, Titus & Lim, Sunghun & Santeramo, Fabio & Steinbach, Sandro, 2024. "Robust policy frameworks for strengthening the resilience and sustainability of agri-food global value chains," Food Policy, Elsevier, vol. 127(C).
    • Handle: RePEc:eee:jfpoli:v:127:y:2024:i:c:s0306919224001258
    DOI: 10.1016/j.foodpol.2024.102714
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    Keywords

    Agri-food global value chains; Robust policy framework; Trade policy; supply chain resilience; Sustainability;
    All these keywords.

    JEL classification:

    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy

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