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If the world fails to meet its food demands in the next half-century, the failure will be at least as much in the area of institutional innovation as in the area of technical change. This conclusion is not an optimistic one. The design of institutions capable of achieving compatibility between individual, organizational and social objectives remains an art rather than a science. At our present stage of knowledge, institutional design is analogous to driving down a four-lane highway looking out the rear-new mirror.
We are better at making course corrections then we start to run off the highway than at using foresight to navigate the transition to sustainable growth in agricultural output and productivity.
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