Price Volatility in Agricultural Markets - Evidence, impact on food security and policy responses
Recent 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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