As part of the CEM Seminar Series, Agricultural Economics 199 students from section Y2 spearheaded a seminar in partnership with the Department of Agricultural and Applied Economics entitled “Economics for Sustainable Agricultural Development” on the 28th of November at the CEM Function Hall.
A requirement in the course Agricultural Economics 199 is to conduct seminars that aims to provide knowledge to the students of the College of Economics and Management about various topics related to the course. In this particular seminar, the topic aims to present how economics can be applied to agricultural development.
Jim Leandro Cano, the invited speaker, talked about how the current researches, knowledge, and skills of CEM students can contribute into the developing of agriculture in the country. Focusing on sustainability, Cano framed his discussion by concentrating on the current global reports: State of Food Insecurity (SOFI) and State of Food and Agriculture (SOFA).
Launched in July 15, SOFI 2019 gives an updated report on world hunger which includes data on food waste and obesity. The report serves as a measure of the world’s advancement on the Sustainable Development Goal, Zero Hunger. (READ: http://www.fao.org/fsnforum/news/state-food-security-and-nutrition-world-2019)
Cano also highlighted the direct relation of economics with policy making as he cited the Rice Tariffication Law as an example. He emphasized the importance of critically analyzing development theories and economic policies to better understand the agricultural policies of the country. (READ: https://www.rappler.com/business/224642-how-government-will-implement-rice-tariffication)
Cano encouraged the audience to relate their own economic research to sustainable agricultural development and how it can minimize the damage experienced by local farmers brought about by national policies. By understanding the implementation of laws, one can better grasp its effects on the livelihood of local farmers. (READ: https://news.abs-cbn.com/business/11/18/19/rice-tariffication-law-worse-than-yolanda-says-rice-farmers-alliance)
To end the seminar, he left the audience with a quote by Peter Drucker: the best way to predict the future is to create it.