Public Stockholding Regulations and Domestic Agricultural Subsidies in China, India, Brazil and Indonesia to Achieve Food Security in Sustainable Development Goals

Abstract

One of the issues related to food in a country is public food reserves or public stockholding. Developing countries with large populations with large responsibilities to meet the food needs of their people. The commonly used strategy is by subsidizing. This subsidy can take the forms of input subsidies such as fertilizer or subsidized output such as food price subsidies. The duties and responsibilities of developing countries with such large populations must then collide with the interests of developed countries, especially those who are exporters of agricultural products. Subsidies given to agricultural products can cause distortions in international markets. This paper covers issues of regulation of Public stockholding and agricultural subsidies in China, India, Brazil, and Indonesia which are developing countries with a large population.