Topic
health capital
Commodities Why global agricultural macroeconomic frameworks fail without ‘farmer health capital’
An article by Parashram Patil in The Hindu Business Line argues that global agricultural macroeconomic frameworks fail because they ignore the concept of Farmer Health Capital (FHC). For over 500 million smallholder families, economic shocks from volatile markets and climate events remain statistically invisible, leading to ineffective policies. Integrating FHC into models can transform rural healthcare from a social cost into a productive agricultural investment, while carbon markets can link smallholders to global climate finance.
Supply Chain Farmers' Health: A Strategic Asset for Food Security
The Farmers' health capital theory redefines farmer welfare as a strategic asset for national food security. By viewing farmers' health as economic capital, this approach addresses supply chain risks and market volatility.