e-journal

Agricultural risks and risk management in the current context of Chinese economy

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Purpose – The purpose of this paper is to provide a big picture of the current context of Chinese
economy, the government policies on agriculture, and the role of agricultural risks and risk
management against this background.
Design/methodology/approach – The new Chinese economic challenges are laid out upfront.
Relevant agricultural issues are then provided, with statistics; next, risks and risk management topics
are introduced and controversial issues in agriculture are discussed. Relevant policies reflected in the
State Council’s No. 1 documents in both 2012 and 2013 are introduced and filled in each section.
Findings – The Chinese economy may slow down after decades of fast development. Food security is
still a top priority, even with the income rise. Increased labor cost may transform Chinese agriculture
from the traditional labor intensive field management into a modern agriculture characterized by high
input use and larger scale.
Research limitations/implications – The research implication is directing economists focusing
on Chinese agricultural risks to grasp the opportunity of the Chinese government investing in
agricultural research and development, to look more broadly, to involve multidisciplinary research
with the natural sciences, and to refer to the situation of modern agriculture.
Practical implications – There are some policy implications. Further liberalization of land
ownership is called for, as is the development of infrastructure.
Originality/value – This paper addresses the objectives in putting agricultural risks and risk
management into the overall big picture of the Chinese economy and government policies.

Keywords China, Risk management, Agriculture, Government policy, Middle income trap,Labor shortage, Food security, Cold chain, Food crisis

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Ketersediaan

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Informasi Detail

Judul Seri

Agricultural Finance Review

No. Panggil

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Penerbit

: Emerald Group., 2013

Deskripsi Fisik

Agricultural Finance Review Vol. 73 No. 2, 2013 pp. 245-254

Bahasa

English

ISBN/ISSN

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Klasifikasi

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Tipe Isi

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Tipe Media

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Tipe Pembawa

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Edisi

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Subjek

EKONOMI

Info Detail Spesifik

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Pernyataan Tanggungjawab

Asmawati/Syahrial

Versi lain/terkait

Lampiran Berkas

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