In today’s world, made of local and national economies tightly intertwined by trade, investment, infrastructure and technology, the ability of farmers and agriculture to generate food and the public goods required to sustain our routines, will depend to a great extent on the effectiveness of enabling regulatory frameworks of economic governance. The adequacy of such frameworks will determine whether the swings and adjustments from the 20th Century order take us unto a stable, sustainable and equitable future. Particularly important here would be to ensure that any transformation delivers benefits to the poorest and to vulnerable producers, the vast majority of whom live in countries today classed as 'developing' or 'least-developed'.