A new analysis from the World Bank Blogs argues that East Asian economies must overhaul their agricultural support policies to meet the needs of a growing population and a changing climate. The report highlights that current subsidies often distort markets, encourage inefficient resource use, and fail to reach the most vulnerable farmers.
According to the blog post, the region's agricultural policies were designed decades ago for self-sufficiency and price stabilization but now hinder innovation and environmental sustainability. It recommends shifting from price supports and input subsidies toward investments in research, rural infrastructure, and safety nets that can better adapt to climate risks and market volatility.
The World Bank warns that without reform, East Asia may struggle to feed its population amid rising temperatures and extreme weather. The piece calls for targeted, evidence-based policies that incentivize sustainable farming practices and improve productivity, ensuring long-term food security for the next generation.