New Books in Economics
Agricultural and Resource Economics in Vietnam
Feb 13, 2025
In this discussion, Tiho Ancev, a Professor in Agricultural and Resource Economics at the University of Sydney, tackles critical issues facing Southeast Asia's agriculture due to climate change. He emphasizes adaptive strategies for farmers, the intersection of agriculture and renewable energy, and effective water resource management. The conversation also highlights the importance of food safety and the willingness of consumers in Vietnam to pay more for safer food options. Ancev calls for robust policies to support farmers and ensure sustainable agricultural development.
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Quick takeaways
- Climate change poses significant threats to agricultural productivity in Southeast Asia, directly affecting key regions like the Mekong and Red River deltas.
- Farmers in the region demonstrate adaptability through techniques that conserve soil and water, emphasizing the need for supportive policies that enhance these practices.
Deep dives
Impact of Climate Change on Agriculture
Climate change significantly affects agricultural productivity in Southeast Asia, particularly in countries like Vietnam and Indonesia. Research demonstrates that farmers experience the direct consequences of climate change, including rising temperatures and changing rainfall patterns, which devastate key agricultural areas such as the Mekong and Red River deltas. High-density weather station data, acquired through collaboration with local meteorological institutions, shows localized climate variations over the past 40 years. Although isolating specific productivity losses from climate change is complex, evidence indicates that historically productive regions are beginning to see declines due to extreme climate effects.
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