Translating Policies into Results for Agribusinesses
Fintrac launched a new Food Analytics briefing series and the first brief explores a five-step model for delivering evidence-based and sustainable policy reform. The briefing series covers critical topics in global agricultural development and food security and pulls from lessons learned and research conducted under numerous USAID-funded projects over the years at Fintrac.
This briefing paper describes a five-step model for agricultural policy reform and provides details on the reform components, highlights best practices, and serves as a roadmap to build legal, regulatory, and institutional capacity for improved policymaking.
The brief underscores that a one-sized-fits-all-solution to policy reform does not exist and development interventions must be focused on providing long-term sustainability even after the end of a project. The goal is to move from a static organization to a dynamic organization that can learn, retain knowledge, and ultimately create a sustainable policy reform cycle. There are many details to policy reform but one critical component is the deep-dive analysis. Effective policy change depends on a credible analytical understanding of existing constraints and challenges. Once countries have identified priorities, the next step in the reform model involves a deep-dive constraint analysis and identification of actionable recommendations for change. This should be done through consistent and structured analysis that builds on past experience from multiple country contexts to understand the feasibility of interventions, time and resources needed, specific action steps, and the impact of the reform for key development goals. Additional crucial steps to sustainable policy reform include capacity building and regular monitoring and evaluation, which are discussed further in the brief.
What have you found to be best practices for agricultural policy reform? Do the steps in the brief resonate with your experience? Please share your thoughts in the comments section below.