New Global Data Tool on Agricultural Policies Provides Insight Into Policy Impacts
Washington, D.C. – The International
Food Policy Research Institute (IFPRI) announced today the launch of
the Ag-Incentives Consortium website, a user-friendly online database
facilitated by IFPRI, that aggregates agricultural policy data into
an interactive tool for guiding more informed policy. The
Ag-Incentives Consortium brings together data from the Organization
for Economic Co-operation and Development, the Food and Agriculture
Organization of the United Nations, the Inter-American Development
Bank, and the World Bank.
“Historically, global information and
data on incentives for agricultural production have been widely
scattered and not comparable,” said David Laborde, senior research
fellow at IFPRI. “Ag-Incentives harmonizes fact-based analysis from
several international organizations to provide policy makers a better
understanding of the effects of their domestic policies on prices.”
The interagency collaboration of the Consortium reduces duplication
of efforts in research, and creates a forum for participatory
discussion.
By pulling together comparable data,
the Ag-Incentives website highlights how agricultural policies can
create price distortions that reduce the welfare of farmers and
consumers, especially those that are poor.
Policies that affect incentives for
agricultural production, such as those that raise prices on domestic
markets, can artificially distort the global market, which then
undermine market opportunities for small farmers in the world.
Ag-Incentives allows users to compare indicators, such as nominal
rates of protection, across countries and years.
“When countries change their trade
policies to protect themselves against price falls, small farmers –
particularly those in developing countries – tend to lose profits,”
said Will Martin, senior research fellow at IFPRI. “This platform
gives governments access to the most recent information available, so
they can make informed decisions on food policy that avoid creating
global price instability.”
Support for the consortium is provided
by the CGIAR Research Program on Policies, Institutions, and Markets.
For more information on Ag-Incentives, please visit the website at
ag-incentives.org and watch our introductory video.
Comments
Post a Comment