4.2 Article

Designing Global Governance for Agricultural Development and Food and Nutrition Security

Journal

REVIEW OF DEVELOPMENT ECONOMICS
Volume 21, Issue 2, Pages 265-284

Publisher

WILEY
DOI: 10.1111/rode.12261

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We point to deficits in current global institutional arrangements in support of agricultural development and food and nutrition security. A framework for global institutional arrangements proposed here is the set of essential international public goods for a well-functioning world food system. These public goods include international natural resource management; trade and transboundary competition policy; research and innovation; handling large scale food emergencies; and transboundary food safety. Based on the framework, and institutional economics considerations, causes of current malfunctioning of global food governance are analyzed. It is proposed to redesign global food governance by establishing an international platform with policy clusters mapped along the set of global public goods. To support the platform with needed research-based evidence an International Panelon Food, Nutrition and Agriculture (IPFNA) is suggested, partly following the design of the Intergovernmental Panelon Climate Change (IPCC). Existing organizations and mechanisms would form building blocks of the strengthened and redesigned governance system. A gradual approach toward redesign is proposed. Some redesign in the suggested direction was triggered by the food crisis of 2008, as demonstrated by the reform of the Committee on Food Security (CFS) with its high level panel of experts, but more is needed.

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