Innovation, Agricultural Productivity and Sustainability in Australia [electronic resource] /
Organisation for Economic Co-operation and Development.
Organisation for Economic Co-operation and Development,issuing body.
Paris : OECD Publishing,
2015.
Australia’s agriculture and food industries are well placed to contribute to the economy’s future growth given the robust prospects of global food demand and the continuing high international competitiveness of these sectors. There are, however, important challenges that call for new ways to exploit agricultural resources and human capital. The decade-long decline in agricultural productivity growth needs to be overcome, coupled with the need to accommodate uncertainties about the impacts of climate change and to respond to societal demands in the areas of sustainable development and animal welfare. The agro-food sector also needs to absorb exchange-rate and cost pressures created by the mining boom. To tap additional opportunities of the higher value food segments, Australian agri-businesses need new knowledge and capabilities to seize demand signals and value opportunities, particularly from more affluent consumers in Asian markets.
Description based upon print version of record.
Includes bibliographical references at the end of each chapters.
The Australian Agricultural Innovation System -- Australian agricultural policy: Structural change, sustainability and innovation -- Capacity building and services for the Australian food and agriculture system -- Economic stability and trust in institutions in Australia -- Investment in the Australian food and agriculture system -- Executive summary -- Overview of food and agriculture challenges and performance in Australia -- Overall assessment and recommendations -- Foreword -- Acronyms.
Australia’s agriculture and food industries are well placed to contribute to the economy’s future growth given the robust prospects of global food demand and the continuing high international competitiveness of these sectors. There are, however, important challenges that call for new ways to exploit agricultural resources and human capital. The decade-long decline in agricultural productivity growth needs to be overcome, coupled with the need to accommodate uncertainties about the impacts of climate change and to respond to societal demands in the areas of sustainable development and animal welfare. The agro-food sector also needs to absorb exchange-rate and cost pressures created by the mining boom. To tap additional opportunities of the higher value food segments, Australian agri-businesses need new knowledge and capabilities to seize demand signals and value opportunities, particularly from more affluent consumers in Asian markets.
Agriculture