Jiong Fu

Hainan Provincial Key Laboratory for Crop Molecular Breeding, Sanya, 572025, Hainan, China
Author    Correspondence author
GMO Biosafety Research, 2024, Vol. 15, No. 2   
Received: 17 Feb., 2024    Accepted: 29 Mar., 2024    Published: 06 Apr., 2024

This is an open access article published under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

This study analyzes the long-term impact of genetically modified organisms (GMOs) on the agricultural economy, exploring the opportunities and challenges they present. GMO plants have brought significant economic benefits to agriculture in the short term by increasing crop yields and reducing production costs. However, as GMO technology becomes more widely adopted, issues such as increased market concentration, dependence on proprietary seeds, and the economic risks associated with potential crop failures have gradually emerged. These factors pose challenges to the long-term stability of the agricultural economy. The purpose of this study is to comprehensively assess the long-term impact of GMO plants on the global agricultural economy, analyzing their complex effects on farmers' incomes, market structures, international trade, and the environment. The findings aim to provide policymakers, researchers, and agricultural practitioners with a scientific basis for balancing economic development with the need for sustainable agriculture.

Genetically modified organisms (GMOs); Agricultural economy; Economic impact; Market concentration; Sustainable agriculture