The “do-nothingism” policy proposal I put forward (here) in response to this drought in South Africa does not necessarily mean a complete inaction by the government. It primarily refers to a need to practice restraint from major policy interventions such as grain export bans, price caps and panic importation.
The leadership at the Department of Agriculture, Land Reform and Rural Development is concerned about the impact of the drought on farmers. They are exploring various approaches to support small, medium and large farmers.
There are financial losses in regions where there is significant crop loss.
So, “do-nothingism” refers to a need for restraint from the current policy path while exploring ways to support the negatively affected farmers where financial resources permit.
This approach will ensure continuous production in the next season and the long-term sustainability of our agricultural sector and food security.
Follow me on Twitter (@WandileSihlobo). E-mail: wandile@agbiz.co.za
