Price Volatility in Agricultural Markets - Evidence, impact on food security and policy responses
AbstractRecent bouts of extreme price volatility in global agricultural markets portend rising and more frequent threats to world food security. A new Policy Brief of the UN's Food and Agriculture Organization argues that countries should improve market functioning and equip themselves better to cope with the adverse effects of extreme volatility. Apart from improving global safety nets, countries can lower their vulnerability by raising agricultural productivity for a diverse set of crops that proves both competitive and sustainable, as well as by promoting dietary diversification.
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Bibliographic InfoPaper provided by Economic and Social Development Department of the Food and Agriculture Organization of the United Nations (FAO) in its series FAO - Economic and Social Perspectives with number 12EN.
Length: 2 pages
Date of creation: 2010
Date of revision:
Contact details of provider:
Postal: Economic and Social Development Department FAO Viale delle Terme di Caracalla 00153 Rome Italy
Phone: +39(6) 57051
Fax: +39 06 57055522
Web page: http://www.fao.org/economic/en/
More information through EDIRC
rural development; hunger; food security; economic crisis; prices; agriculture;
Find related papers by JEL classification:
- Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy
- Q11 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Aggregate Supply and Demand Analysis; Prices
- O13 - Economic Development, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
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