Agribusiness and Information Management

Korean Society of Food and Agricultural Information Science (한국농식품정보과학회)
권호 표지
DOI QR코드

DOI QR Code

Global Policy Directions To Promote The Future Agri-Food Industry: A Focus on the Voucher Projects for Young Job Seekers and Entrepreneurs

  • Received : 2020.07.02
  • Accepted : 2020.09.02
  • Published : 2020.06.30
Download PDF
⟨ Previous Next ⟩

Abstract

This is a summary of a comparative study of the national policies to foster the agri-food industry implemented by the leading countries of the industry before and after the COVID-19-induced global economic crisis. By comparing the policies of each country, we discovered that key leading countries of the agri-food industry had given up or suspended one-on-one, face-to-face support programs that they had maintained for years, and have started providing financial assistance to companies or self-employed people in relative industries. Korea should implement such decisive policies for the Korean agri-food industry to tackle this unprecedented economic shrink and maintain the competitiveness of the industry. Considering the scale and speed of the spreading of the pandemic, the new policies should be implemented swiftly and boldly. This study can be used as a base material for developing new policies to minimize damage to the agri-food industry and national economy caused by COVID-19.

Keywords

References

  1. Gyeonggi Research Institute (2020), Agriculture in the Post COVID-19 Era, What Should We Prepare?, Issues & Diagnosis No. 415, 18 May 2020, Yongjoon, Kim
  2. Kiheon, Kim, Hyungseok, Ha and Incheol, Shin (2016), Study of Economic and Social Status of Youth and Relevant Policies, The Nation Youth Policy Institute (NYPI)
  3. Seunghyun, Lee (2020), COVID-19 Relief Programs of Germany, International Labor Brief, April 2020, 72-83.
  4. Global Economic (2020) Skyrocketing New York Stock Exchange Futures, Lifting Ban on Imports of American Agricultural Products…Hong Kong National Security Law, remdesivir, Moderna, Pharmaceuticals and Biotech Stocks, and Changing International Oil Prices, https://news.g-enews.com/view.php?ud=2020060219244375294a01bf698f_1&ssk=favorset&md=20200602194718_R
  5. Kerr, W.A. (2018), Eliminating the constraints on trade policy - The strategy that underpins US negotiations in the Trump administration. Journal of International Law and Trade Policy, Vol. 19, No. 2, 75-84.
  6. Kerr, W.A. (2020), The COVID-19 pandemic and agriculture: Short- and long-run implications for international trade relations, Canadian Journal of Agricultural Economics, Vol. 68, Issue 2, 225-229. https://doi.org/10.1111/cjag.12230
  7. McKinsey & Company (2020), Lessons from the past on how to revive the US economy after COVID-19, 18 June 2020. Available at : https://www.mckinsey.com/ndustries/public-and-social-sector/our-insights/lessons-from-the-past-on-how-to-revive-the-us-economy-after-covid-19