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Price surges in food markets - How should organized futures markets be regulated?
FAO Economic and Social Development Department
FAO - Economic and Social Perspectives from Economic and Social Development Department of the Food and Agriculture Organization of the United Nations (FAO)
The drastic increase of food prices in the period 2006-2008 spurred fears of global food insecurity. Apart from actual changes in supply and demand of some commodities, the upward swing might also have been amplified by speculation in organized futures markets. However, limiting or banning speculative trading might do more harm than good.
Keywords: rural development; hunger; food security; economic crisis; prices; agriculture (search for similar items in EconPapers)
JEL-codes: Q18 Q11 O13 (search for similar items in EconPapers)
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