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Unprecedented Crisis Calls for Unprecedented Policy Responses

Robert Johansson, Ashley Hungerford, Mirvat Sewadeh and Anne Effland

Applied Economic Perspectives and Policy, 2021, vol. 43, issue 1, 120-131

Abstract: The COVID‐19 pandemic presented a severe crisis to the agricultural sector and the economy at large. To confront it, the administration and Congress had to mobilize vast resources very quickly and introduce creative emergency measures to mitigate the unprecedented impacts on the economy. This article takes a closer look at the impacts of the COVID‐19 pandemic on the agricultural sector and the policy measures that USDA implemented to help farmers and ranchers weather the immediate crisis.

Date: 2021
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Handle: RePEc:wly:apecpp:v:43:y:2021:i:1:p:120-131