Developed country policies: Domestic farm policy reform and global food security

Joseph W. Glauber
global food policy report

The failure of World Trade Organization (WTO) members to reach agreement on reforming domestic agricultural support at the 2017 Ministerial Conference in Buenos Aires is a reminder of how difficult it is to convince countries to give up harmful farm subsidies. Despite progress made over the past 25 years in reducing farm support among developed countries, support remains high, particularly for specific commodities. Total support in the countries of the Organisation for Economic Co-operation and Development (OECD) exceeded US$228 billion in 2016 and, if support policies in major emerging markets such as China, Indonesia, and Russia are included, support levels topped US$508 billion.