Harmony in the Food Economy - Coupling of China's Food Market and Government Macro Policies

Author: Lu Jing
Publisher:
Publish Date: 2006-11-01
Features: The uniqueness of food and the complexity of China's food system determine the multiplicity of policy objectives. Due to the potential short-term conflicts among diversified policy goals, the focus of food policy objectives may vary under different macroeconomic environments and development stages, which is the key to understanding the evolution of China's food system. The efficiency of food system reform depends on the degree of coordination between market mechanisms and macro policies. Therefore, the essence of addressing a series of issues in China's food system reform lies in whether economic entities have the motivation to comply with government-led food system arrangements at specific stages of food development. This book analyzes the impact of China's food policies in different periods on market operation models, explores the deep-seated reasons for the lack of coordination between China's food policies and market mechanisms, and subsequently proposes ideal solutions, goal orientation, design challenges, and countermeasures for the coordination of China's food market and policies. The uniqueness of food and the complexity of China's food system determine the multiplicity of policy objectives. Due to the potential short-term conflicts among diversified policy goals, the focus of food policy objectives may vary under different macroeconomic environments and development stages, which is the key to understanding the evolution of China's food system. The efficiency of food system reform depends on the degree of coordination between market mechanisms and macro policies. Therefore, the essence of addressing a series of issues in China's food system reform lies in whether economic entities have the motivation to comply with government-led food system arrangements at specific stages of food development.