Food Security, Commodity Price Volatility, and the Poor

Joachim Braun and Getaw Tadesse
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Joachim Braun: University of Bonn

Chapter 15 in Institutions and Comparative Economic Development, 2012, pp 298-312 from Palgrave Macmillan

Abstract: Abstract The volatility of food prices has increased in the past decade. It causes economic costs and human suffering among the poor. In this chapter, these costs are reviewed and assessed. An attempt is made to explain the food price volatility with traditional factors, that is, supply shocks, and with new market fundamentals, that is, energy market and financial crises linkages, and speculation. In conclusion, policy recommendations for addressing food price volatility at global level and related institutional arrangements are made.

Keywords: Food Security; Food Price; Price Volatility; Supply Shock; Food Crisis (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-137-03401-4_16

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DOI: 10.1057/9781137034014_16

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