Revisiting the Global Food Architecture: Lessons from the 2008 Food Crisis

Luc Christiaensen

No DP2009-04, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: The 2008 episode of food price explosion, political turmoil, and human suffering revealed important flaws in the current global food architecture. This paper argues that to safeguard the strengths of the current system, four failures in market functioning and policymaking must be addressed. First, governments must reinvest in agriculture with a focus on public goods and subject to increased public accountability to re-ensure the global food supply. Second, the policy-induced link between food and fuel prices must be broken through a revision of EU and US agro-fuel policies.

Keywords: Agriculture; Agriculture and state; Food security; Food supply; Prices (search for similar items in EconPapers)
Date: 2009
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
https://www.wider.unu.edu/sites/default/files/dp2009-04.pdf (application/pdf)

Related works:
Working Paper: Revisiting the Global Food Architecture: Lessons from the 2008 Food Crisis (2010)
Journal Article: Revisiting the Global Food Architecture. Lessons from the 2008 Food Crisis (2009)
Journal Article: Revisiting the Global Food Architecture. Lessons from the 2008 Food Crisis (2009)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:dp2009-04

Access Statistics for this paper

More papers in WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER) Contact information at EDIRC.
Bibliographic data for series maintained by Siméon Rapin ().