Globalization and Markets

Seaport at Sunrise. China,

The overall objective of the globalization and markets research program is to support the adoption of policies for more efficient functioning of the global food, nutrition, and agricultural system.

A better-functioning global system will enhance inclusion of low income countries and improve food and nutrition security of poor people.

The research program emphasizes issues of global agricultural trade negotiations; regional trade; linkages between globalization and domestic policies as they affect resource allocations and poverty alleviation; the impact of developed-country policies on developing-country food security; and pro-poor policies along the entire food chain, given the growing importance of consumers and retail industries as food system drivers. The historical consequences of trade liberalization are becoming increasingly important in less developed countries. A better understanding of this is critical for further reforms in the domestic and global trading system.