Macroeconomic Gains from Reforming the Agri-Food Sector: The Case of France

Author/Editor:

Nicoletta Batini

Publication Date:

February 26, 2019

Electronic Access:

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Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary:

France is the top agricultural producer in the European Union (EU), and agriculture plays a prominent role in the country’s foreign trade and intermediate exchanges. Reflecting production volumes and methods, the sector, however, also generates significant negative environmental and public health externalities. Recent model simulations show that a well-designed shift in production and consumption to make the former sustainable and align the latter with recommended values can curb these considerably and generate large macroeconomic gains. I propose a policy toolkit in line with the government’s existing sectoral policies that can support this transition.

Series:

Working Paper No. 2019/041

Subject:

English

Publication Date:

February 26, 2019

ISBN/ISSN:

9781484397961/1018-5941

Stock No:

WPIEA2019041

Pages:

35

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