Potential macroeconomic impact of the COVID-19 pandemic on food demand. (Special Issue:Covid-19 pandemic impacts on agri-food systems.)

ABSTRACT

This article focuses on the potential macroeconomic impacts of the Covid-19 pandemic on food demand. The Covid-19 pandemic has multiple implications for global agricultural markets and food security. Disentangling some of the relationships will allow policy makers and the agri-food sector to better address implications for the food chain. The authors use the Aglink-Cosimo model underlying the OECD-FAO Agricultural Outlook 2020-2029 baseline to explore potential macro-economic impacts on future developments in global agricultural markets.