Prabhu Pingali (Agricultural and Development Economics Division, Food and Agriculture Organization) Kostas Stamoulis (Agricultural and Development Economics Division, Food and Agriculture Organization) Randy Stringer (Agricultural and Development Economics Division, Food and Agriculture Organization)
Abstract
Alleviating hunger and poverty has been and continues to be the pre-dominant policy challenge facing global and national decision makers. This paper argues that policy interventions for addressing this challenge should be designed in the context of emerging global, regional and national trends. This paper discusses four major trends that are shaping the future food economy and consequently the prospects for meeting the hunger and poverty goals. These trends are: i) rapid urbanisation in the developing world and its impact on food markets; ii) increasing integration of global food markets through trade; iii) deterioration of natural resource base and the degradation of the global and local commons; and iv) rising transactions costs in the acquisition and use of science and technology for development.
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Publisher Info
Paper provided by Agricultural and Development Economics Division of the Food and Agriculture Organization of the United Nations (FAO - ESA) in its series Working Papers with number
06-01.
Length: 18 pages Date of creation: 2006 Date of revision: Handle: RePEc:fao:wpaper:0601
Contact details of provider: Postal: Agricultural Sector in Economic Development Service FAO Viale delle Terme di Caracalla 00153 Rome Italy Phone: +39(6) 57051 Fax: +39 06 57055522 Email: Web page: http://www.fao.org/es/esa/ More information through EDIRC
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Find related papers by JEL classification: Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy O1 - Economic Development, Technological Change, and Growth - - Economic Development O19 - Economic Development, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
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