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Agricultural Markets
Type: Book
ISBN: 978-0-44482-481-3

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Book part
Publication date: 25 July 2011

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Genetically Modified Food and Global Welfare
Type: Book
ISBN: 978-0-85724-758-2

Book part
Publication date: 25 July 2011

Colin A. Carter, GianCarlo Moschini and Ian Sheldon

The application of modern biotechnology to crop and food production is one of the most significant technological advances to impact modern agriculture. Barely a dozen years since…

Abstract

The application of modern biotechnology to crop and food production is one of the most significant technological advances to impact modern agriculture. Barely a dozen years since their introduction, genetically modified (GM) crops are currently grown on more than 300 million acres worldwide. GM (or transgenic) crops are produced using plant biotechnology to select desirable characteristics in plants and transfer genes from one organism to another. As a result, crops can survive under harsher conditions, costs are lowered, and yields are improved. Scientists are introducing genes into plants that will give the plants resistance to herbicides, insects, disease, drought, and salt in the soil. Crop research in bioengineering is also aimed at improving the nutritional quality of food, such as providing healthier vegetable oils. Pharmaceutical and industrial crops (or “pharma” crops) are also on the horizon, with the potential to dramatically reduce drug production costs. Compared to traditional plant breeding, biotechnology can produce new varieties of plants more quickly and efficiently, and it can introduce desirable traits into plants that could not be established through conventional plant breeding techniques.

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Genetically Modified Food and Global Welfare
Type: Book
ISBN: 978-0-85724-758-2

Content available
Book part
Publication date: 25 July 2011

Abstract

Details

Genetically Modified Food and Global Welfare
Type: Book
ISBN: 978-0-85724-758-2

Book part
Publication date: 25 July 2011

Genetically modified (GM) (or transgenic) crops are produced using plant biotechnology to select desirable characteristics in plants and transfer genes from one organism to…

Abstract

Genetically modified (GM) (or transgenic) crops are produced using plant biotechnology to select desirable characteristics in plants and transfer genes from one organism to another. As a result, crops can survive under harsher conditions, costs are lowered, chemical application is reduced, and yields are improved. Scientists are introducing genes into plants that will give them resistance to herbicides, insects, disease, drought, and salt in the soil. The application of modern biotechnology to crop and food production is one of the most significant technological advances to impact modern agriculture.

Details

Genetically Modified Food and Global Welfare
Type: Book
ISBN: 978-0-85724-758-2

Content available
Book part
Publication date: 25 July 2011

Abstract

Details

Genetically Modified Food and Global Welfare
Type: Book
ISBN: 978-0-85724-758-2

Book part
Publication date: 25 July 2011

Hamid Beladi and E. Kwan Choi

This series is aimed at economists and financial economists worldwide and will provide an in-depth look at current global topics. Each volume in the series will focus on…

Abstract

This series is aimed at economists and financial economists worldwide and will provide an in-depth look at current global topics. Each volume in the series will focus on specialized topics for greater understanding of the chosen subject and provide a detailed discussion of emerging issues. The target audiences are professional researchers, graduate students, and policy makers. It will offer cutting-edge views on new horizons and deepen the understanding in these emerging topics.

Details

Genetically Modified Food and Global Welfare
Type: Book
ISBN: 978-0-85724-758-2

Content available
Book part
Publication date: 25 July 2011

Abstract

Details

Genetically Modified Food and Global Welfare
Type: Book
ISBN: 978-0-85724-758-2

Book part
Publication date: 25 July 2011

Abstract

Details

Genetically Modified Food and Global Welfare
Type: Book
ISBN: 978-0-85724-758-2

Book part
Publication date: 25 July 2011

Matin Qaim

Purpose – The role of genetically modified (GM) crops for food security is the subject of controversial debates. Consequently, policy-makers are unsure whether this technology is…

Abstract

Purpose – The role of genetically modified (GM) crops for food security is the subject of controversial debates. Consequently, policy-makers are unsure whether this technology is suitable for developing countries. This chapter reviews the scientific evidence.

Methodology/approach – Starting from a food security definition, potential pathways of how GM crops could contribute to hunger reduction are analyzed conceptually. Furthermore, studies about the socioeconomic impacts of GM crop applications are reviewed. This includes ex post studies for present applications such as insect-resistant and herbicide-tolerant crops, as well as ex ante studies for future GM technologies such as Golden Rice and drought-tolerant varieties.

Findings – GM crops can raise agricultural productivity and thus contribute to better food availability. Especially when tailored to small farm conditions, GM crops can also cause income increases for the rural poor, entailing better access to food. Nutritionally enhanced, biofortified GM crops could reduce problems of micronutrient malnutrition in a cost-effective way.

Research limitations – The examples observable so far are still limited. Impacts also depend on the wider institutional setting. Like any technology, GM crops are not a substitute but a complement to much needed institutional and infrastructure improvement in developing countries.

Social implications – The fact that available GM crops already contribute to poverty reduction and improved food security has not been widely recognized up until now.

Value of paper – Results presented in this chapter can contribute to a more constructive public debate, in which GM crop risks are not discussed out of the context of actual and potential benefits.

Details

Genetically Modified Food and Global Welfare
Type: Book
ISBN: 978-0-85724-758-2

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