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OECD Policy Responses to Coronavirus (COVID-19)

This series compiles data, analysis and recommendations on a range of topics to address the health, economic and societal crisis, facilitate co-ordination, and contribute to the necessary global action when confronting this enormous collective challenge. Bringing together policy responses spanning a large range of topics, from health to education and taxes, it provides guidance on the short-term measures in affected sectors and a specific focus on the vulnerable sectors of society and the economy. The content also aims to provide analysis on the longer-term consequences and impacts, steering the way towards a strong, resilient, green and inclusive recovery with co-ordinated policy responses across countries.

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Keep calm and carry on feeding: Agriculture and food policy responses to the COVID-19 crisis

In 2020, the agriculture and food sector experienced significant supply chain disruptions due to the COVID-19 crisis and associated lockdown measures. Yet relatively limited economic impacts were observed on the sector due to the agility of producers, supply chain actors and retailers, but also to the rapid and broad response by governments. Close to 800 measures were undertaken by governments in 54 developed and emerging countries, aimed to avoid aggravating disruptions, absorb supply and demand shocks, provide relief to affected producers and consumers, or to bolster the recovery of affected production activities. At least USD 157 billion was earmarked to the agriculture sector to support these measures, with a large part going to food assistance. As the impact of the COVID-19 pandemic on this sector subsides, policy makers will need to pivot and shift spending to investments that can enhance sector-wide resilience.

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