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Former president of Costa Rica on de-risking fertilizer shocks: how $700 billion in subsidies can do more

  • Posted on April 27, 2026
  • By Fortune
  • 0 Views
  • 1 min read
In brief

Global food systems face recurring fertilizer crises that stem from structural economic dependencies rather than unavoidable circumstances. The current $700 billion subsidy landscape perpetuates vulnerability by incentivizing unsustainable agricultural practices. According to insights from Costa Rica's former president, reforming this subsidy framework could stabilize commodity markets and reduce price volatility, ultimately building resilience into food production systems while decreasing economic shocks.

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Former president of Costa Rica on de-risking fertilizer shocks: how $700 billion in subsidies can do more
Former president of Costa Rica on de-risking fertilizer shocks: how $700 billion in subsidies can do more

The fertilizer price shocks rattling global food systems aren't bad luck — they're the predictable result of a subsidy regime that rewards dependence.
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Author
Fortune

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