Last week I was in Rome, attending a bunch of FAO meetings related to the food crisis. On Monday, April 20, we co-organized our own event at the FAO, a two-hour discussion on the merits of foodstocks and other market regulatory instruments for food security and long-term development. The discussion was very well attended, proof of the interest in these issues in the wake of the 2008 food crisis.
We had five very interesting presentations (thanks to Alex Danau, Collectif Stratégies Alimentaires, for the photo). Mamadou Cissokho and George Eward, respectively representing West and East African farmers federations, both highlighted how stockholding schemes have been dismantled in their regions and yet are essential to achieving food security and helping farmers take advantage of better marketing opportunities. Daryll Ray, from the University of Tennessee, presented concrete proposals for setting up an international reserve— some of which are also valid for national or regional schemes. Yves Leduc presented the impacts of the Canadian supply management system during the food price spike. He highlighted the role of this scheme in minimizing the abuse of market power by processors and retailers. Finally, Maria Squeff, representative of Argentina, insisted on the need for any new agriculture policy measures to comply with WTO rules. She also talked about the central role of developed country support measures in distorting international markets. Argentina plays a critical role in discussions on the global governance of agriculture since it is chairing the group in charge of reforming the Committee on World Food Security.
We thought holding such a meeting in an UN agency—at a time when government delegates participated in the first FAO trade committee since the food price spike broke out—would be an opportunity to pick government experts' brains about innovative policy tools to once and for all address hunger. It sounded to us like the different policy measures governments have taken as a response to the crisis last year show they realized the need to regulate markets.
But I have to admit that we were a little disappointed by governments' responses. Most of those who spoke at the event pointed at past failures as a reason to not consider foodstocks or grain reserves as an option. In the official meeting, the U.S. delegation argued that the best way out of the crisis is to "simply let markets work."
Now why are governments so stubborn when more than 100 million people have just been added to the ranks of the hungry? Is that not proof enough that something is seriously wrong with the way markets work right now? The point is not to go back to past measures, but to create something new that can help. In Africa, farmers organizations are working on agriculture policies that work for small farmers. It would certainly help if they had international support.