Suitability of Complexity Economics for Long-Term Agricultural Policy-Making

Barbara Wieliczko

No 311259, Problems of Agricultural Economics / Zagadnienia Ekonomiki Rolnej from Institute of Agricultural and Food Economics - National Research Institute (IAFE-NRI)

Abstract: The development of agricultural policy is becoming a more and more difficult task. The number of factors which should be taken into account continues to grow, while at the same time there is an increased diversification of agricultural needs as well as higher consumer and taxpayer expectations. In this situation, the approach to agricultural policy-making used so far does not function properly. The final shape of the Common Agricultural Policy (CAP) in the new multi- annual financing frameworks of the European Union has not been fully established yet. The work has been prolonged for many reasons. The current European Commission pays much attention to environmental and climate challenges, proposing the implementation of the European Green Deal strategy. One of the key elements of this development concept is the “Farm to Fork” strategy, which indicates the directions of transformation of food systems in the EU. A question arises whether the proposed shape of the EU strategy for agriculture is optimal in terms of challenges faced by this sector. Complexity economics may be an answer to this question, as it offers an approach to policy-making based on the recognition of the complexity of socio-economic systems and their specific dynamics requiring a specific shape of actions taken by the state. The aim of the article is to present the complexity economics as an appropriate approach to agricultural policy-making in the context of many challenges faced by this sector and to indicate to what extent the current agricultural policy takes the indications of the complexity economics into account.

Keywords: Agricultural and Food Policy; Environmental Economics and Policy; Food Security and Poverty (search for similar items in EconPapers)
Date: 2020
New Economics Papers: this item is included in nep-agr, nep-env and nep-hme
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:iafepa:311259

DOI: 10.22004/ag.econ.311259

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