Global Governance, Economic Sanctions and Agricultural Trade in a Fragmenting World Economy

Sylvanus Kwaku Afesorgbor, Fabio Santeramo and Sandro Steinbach

The World Economy, 2025, vol. 48, issue 10, 2290-2294

Abstract: Global governance and agricultural trade are undergoing a substantial transformation driven by geopolitical shifts, declining multilateralism and the rise of economic sanctions. This editorial synthesises contributions from a collection of invited works that examine the impacts of these changes on trade systems, food security and value chains. The collection explores how the shift from multilateralism to regionalism, the spread of sanctions and evolving governance frameworks influence agricultural trade and policy outcomes. Key themes include the resilience of agri‐food systems to disruptions, the role of trade agreements in mitigating shocks and the balance between environmental goals and trade facilitation. These studies call for a more adaptive governance framework that can safeguard agricultural trade and food systems amid rising geopolitical tensions and institutional fragmentation.

Date: 2025
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