COVID-19, Food Protectionism, and India’s Policy Response
Sukalpa Chakrabarti ()
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Sukalpa Chakrabarti: Symbiosis International (Deemed) University
Chapter Chapter 22 in Shifting Patterns of Agricultural Trade, 2021, pp 511-525 from Springer
Abstract:
Abstract The World Trade Organization (WTO) has been instrumental in setting the rules and processes in place for international trade. The organization did enjoy initial success in global agricultural trade by meeting the growing demand and reducing the stress on limited local natural resources. However, soon it started getting mired into deadlocks arising out of incompatible interests of the member states given their differences in the trajectory of economic growth and development as well as policy ideals. A major bone of contention has been the issue of food security which has gained critical attention in current times with the enhanced vulnerability of domestic food markets against the backdrop of the outbreak of the COVID-19 outbreak. More and more countries are slowly taking to food protectionism amid the spread of the pandemic. This naturally raises concern as to whether it marks the start of a domino effect that will disrupt global trade flows and supply chains. Against this backdrop, the chapter undertakes an evaluation of India’s policy response to the issue of food protectionism through the twin lens of food self-sufficiency and food security. It concludes with agricultural trade policy implications and recommendations for India.
Keywords: Agricultural trade; COVID-19; Food security; India; Protectionism (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-3260-0_22
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DOI: 10.1007/978-981-16-3260-0_22
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