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Food Price Shocks and the Political Economy of Global Agricultural and Development Policy

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  • Andrea Guariso
  • Mara P. Squicciarini
  • Johan Swinnen

Abstract

The recent spikes of global food prices induced a rapid increase in mass media coverage, public policy attention, and donor funding for food security and for agriculture and rural poverty. This has occurred while the shift from low to high food prices has induced a shift in (demographic or social) location of the hunger and poverty effects, but the total number of undernourished and poor people has declined over the same period. We suggest that the observed pattern can be explained by the presence of a global urban bias on agriculture and food policy in developing countries, and we discuss whether this global urban bias may actually benefit poor farmers. We argue that the food price spikes have succeeded where others have failed in the past: to move the problems of poor and hungry farmers to the top of the policy agenda and to induce development and donor strategies to help them.

Suggested Citation

  • Andrea Guariso & Mara P. Squicciarini & Johan Swinnen, 2014. "Food Price Shocks and the Political Economy of Global Agricultural and Development Policy," Applied Economic Perspectives and Policy, Agricultural and Applied Economics Association, vol. 36(3), pages 387-415.
    • Handle: RePEc:oup:apecpp:v:36:y:2014:i:3:p:387-415.
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    File URL: http://hdl.handle.net/10.1093/aepp/ppu020
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    Cited by:

    1. Johan Swinnen & Alessandro Olper & Senne Vandevelde, 2021. "From unfair prices to unfair trading practices: Political economy, value chains and 21st century agri‐food policy," Agricultural Economics, International Association of Agricultural Economists, vol. 52(5), pages 771-788, September.
    2. Paun Cristian & Ivascu Cosmin, 2021. "The impact of EU’s financial support on the agriculture’s development: a panel data analysis," Management & Marketing, Sciendo, vol. 16(2), pages 86-100, June.
    3. repec:lic:licosd:39217 is not listed on IDEAS
    4. Lara Cockx & Nathalie Francken, 2016. "Evolution and impact of EU aid for food and nutrition security: a review," Working Papers of LICOS - Centre for Institutions and Economic Performance 572519, KU Leuven, Faculty of Economics and Business (FEB), LICOS - Centre for Institutions and Economic Performance.

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