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Rising Food Prices Food Price Volatility And Political Unrest
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Book Synopsis Rising Food Prices, Food Price Volatility, and Political Unrest by : Marc F. Bellemare
Download or read book Rising Food Prices, Food Price Volatility, and Political Unrest written by Marc F. Bellemare and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do food prices cause political unrest? Throughout history, riots appear to have frequently broken out as a consequence of high food prices. This paper studies the impact of food prices on political unrest using monthly data on food prices at the international level. Because food prices and political unrest are jointly determined, the incidence of natural disasters in a given month is used in an attempt to identify the causal relationship between food prices and political unrest. Empirical results indicate that between January 1990 and January 2011, food price increases have led to increased political unrest, whereas food price volatility has been associated with decreases in political unrest. These findings are consistent with those of the applied microeconomics literature on the welfare impacts of food prices.
Book Synopsis Rising Food Prices, Food Price Volatility, and Social Unrest by : Marc F. Bellemare
Download or read book Rising Food Prices, Food Price Volatility, and Social Unrest written by Marc F. Bellemare and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can food prices cause social unrest? Throughout history, riots have frequently broken out, ostensibly as a consequence of high food prices. Using monthly data at the international level, this article studies the impact of food prices - food price levels as well as food price volatility - on social unrest. Because food prices and social unrest are jointly determined, data on natural disasters are used to identify the causal relationship flowing from food price levels to social unrest. Results indicate that for the period 1990-2011, food price increases have led to increases in social unrest, whereas food price volatility has not been associated with increases in social unrest. These results are robust to alternative definitions of social unrest, to using real or nominal prices, to using commodity-specific price indices instead of aggregated price indices, to alternative definitions of the instrumental variable, to alternative definitions of volatility, and to controlling for non-food-related social unrest.
Book Synopsis Food Price Volatility and Its Implications for Food Security and Policy by : Matthias Kalkuhl
Download or read book Food Price Volatility and Its Implications for Food Security and Policy written by Matthias Kalkuhl and published by Springer. This book was released on 2016-04-12 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides fresh insights into concepts, methods and new research findings on the causes of excessive food price volatility. It also discusses the implications for food security and policy responses to mitigate excessive volatility. The approaches applied by the contributors range from on-the-ground surveys, to panel econometrics and innovative high-frequency time series analysis as well as computational economics methods. It offers policy analysts and decision-makers guidance on dealing with extreme volatility.
Book Synopsis The Economics of Food Price Volatility by : Jean-Paul Chavas
Download or read book The Economics of Food Price Volatility written by Jean-Paul Chavas and published by University of Chicago Press. This book was released on 2014-10-14 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The conference was organized by the three editors of this book and took place on August 15-16, 2012 in Seattle."--Preface.
Book Synopsis Food Prices and Political Instability by : Mr.Rabah Arezki
Download or read book Food Prices and Political Instability written by Mr.Rabah Arezki and published by International Monetary Fund. This book was released on 2011-03-01 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine the effects that variations in the international food prices have on democracy and intra-state conflict using panel data for over 120 countries during the period 1970-2007. Our main finding is that in Low Income Countries increases in the international food prices lead to a significant deterioration of democratic institutions and a significant increase in the incidence of anti-government demonstrations, riots, and civil conflict. In the High Income Countries variations in the international food prices have no significant effects on democratic institutions and measures of intra-state conflict. Our empirical results point to a significant externality of variations in international food prices on Low Income Countries' social and political stability.
Book Synopsis Food Security and Sociopolitical Stability by : Christopher B. Barrett
Download or read book Food Security and Sociopolitical Stability written by Christopher B. Barrett and published by OUP Oxford. This book was released on 2013-09-26 with total page 510 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global food price spikes in 2008 and again in 2011 coincided with a surge of political unrest in low- and middle-income countries. Angry consumers took to the streets in scores of nations. In some places, food riots turned violent, pressuring governments and in a few cases contributed to their overthrow. Foreign investors sparked a new global land rush, adding a different set of pressures. With scientists cautioning that the world has entered a new era of steadily rising food prices, perhaps aggravated by climate change, the specter of widespread food insecurity and sociopolitical instability weighs on policymakers worldwide. In the past few years, governments and philanthropic foundations began redoubling efforts to resuscitate agricultural research and technology transfer, as well as to accelerate the modernization of food value chains to deliver high quality food inexpensively, faster, and in greater volumes to urban consumers. But will these efforts suffice? This volume explores the complex relationship between food security and sociopolitical stability up to roughly 2025. Organized around a series of original essays by leading global technical experts, a key message of this volume is that actions taken in an effort to address food security stressors may have consequences for food security, stability, or both that ultimately matter far more than the direct impacts of biophysical drivers such as climate or land or water scarcity. The means by which governments, firms, and private philanthropies tackle the food security challenge of the coming decade will fundamentally shape the relationship between food security and sociopolitical stability.
Book Synopsis Food Price Policy in an Era of Market Instability by : Per Pinstrup-Andersen
Download or read book Food Price Policy in an Era of Market Instability written by Per Pinstrup-Andersen and published by Oxford University Press (UK). This book was released on 2015 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 2006, global food prices have fluctuated greatly around an increasing trend and price spikes were observed for key food commodities such as rice, wheat, and maize.
Book Synopsis Food Riots, Food Rights and the Politics of Provisions by : Naomi Hossain
Download or read book Food Riots, Food Rights and the Politics of Provisions written by Naomi Hossain and published by Routledge. This book was released on 2017-09-25 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thousands of people in dozens of countries took to the streets when world food prices spiked in 2008 and 2011. What does the persistence of popular mobilization around food tell us about the politics of subsistence in an era of integrated food markets and universal human rights? This book interrogates this period of historical rupture in the global system of subsistence, getting behind the headlines and inside the politics of food for people on low incomes. The half decade of 2007–2012 was a period of intensely volatile food prices as well as unusual levels of popular mobilization, including protests and riots. Detailed case studies are included here from Bangladesh, Cameroon, India, Kenya and Mozambique. The case studies illustrate that political cultures and ways of organizing around food share much across geography and history, indicating common characteristics of the popular politics of provisions under capitalism. However, all politics are ultimately local, and it is demonstrated how the historic fallout of a subsistence crisis depends ultimately on how the actors and institutions articulate, negotiate and reassert their specific claims within the peculiarities of each policy. A key conclusion of the book is that the politics of provisions remain essential to the right to food and that they involve unruliness. In other words, food riots work. The book explains how and why they continue to do so even in the globalized food system of the 21st century. Food riots signal a state unable to meet a principal condition of its social contract, and create powerful pressure to address that most fundamental of failings. .
Book Synopsis The Economics of Food Price Volatility by : Jean-Paul Chavas
Download or read book The Economics of Food Price Volatility written by Jean-Paul Chavas and published by University of Chicago Press. This book was released on 2014-10-17 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: There has been an increase in food price instability in recent years, with varied consequences for farmers, market participants, and consumers. Before policy makers can design schemes to reduce food price uncertainty or ameliorate its effects, they must first understand the factors that have contributed to recent price instability. Does it arise primarily from technological or weather-related supply shocks, or from changes in demand like those induced by the growing use of biofuel? Does financial speculation affect food price volatility? The researchers who contributed to The Economics of Food Price Volatility address these and other questions. They examine the forces driving both recent and historical patterns in food price volatility, as well as the effects of various public policies in affecting this volatility. The chapters include studies of the links between food and energy markets, the impact of biofuel policy on the level and variability of food prices, and the effects of weather-related disruptions in supply. The findings shed light on the way price volatility affects the welfare of farmers, traders, and consumers.
Book Synopsis The Politics of Food Security by : Sara Bazoobandi
Download or read book The Politics of Food Security written by Sara Bazoobandi and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The international food system is increasingly at risk. Increasing demand, limited and diminishing resources and rising volatility are putting new pressures on the agriculture sector globally. One of the growing critical threats to global stability and security is the inadequacy of food resources. This threat, exacerbated by global population growth, is illustrated by shifts in consumption patterns toward protein-rich diets and the growth of multinational food retail, which bring about a greater reliance on food imports. This book compares the food security policies of selected countries in Asia and the Middle East, and reviews the outcomes of policy applications in a broader context. Themes discussed include: -Shifts in regional and international foreign policy, such as new alliances between countries with rich agricultural resources and wealthier importing states -Creation of food security policy competition across regions -Foreign investments and investment risks for farmland investments -Social implications, such as potential unrest -Environmental sustainability of food security programs, such as the depletion of water resources -Impact of food security programs on trade policies and fiscal policies, such as import taxes and subsidies
Book Synopsis Income Versus Prices: How Does The Business Cycle Affect Food (In)-Security? by : Mr. Christian Bogmans
Download or read book Income Versus Prices: How Does The Business Cycle Affect Food (In)-Security? written by Mr. Christian Bogmans and published by International Monetary Fund. This book was released on 2021-09-24 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study how two aspects of food insecurity - caloric insufficiency and diet composition - are affected by aggregate economic fluctuations. The use of cross-country panel data allows us to adopt a global prospective on the identification of the macroeconomic determinants of food insecurity. Income shocks are the most relevant driver of food insecurity, displaying high elasticities at the early stages of economic development. The role of food price shocks is more limited. Social protection has a direct effect and mitigates the impact of income shocks. Effects are highly heterogeneous across a range of structural characteristics of the economy, highlighting the role of distributional aspects and of food import dependency.
Book Synopsis Safeguarding Food Security in Volatile Global Markets by : Adam Prakash
Download or read book Safeguarding Food Security in Volatile Global Markets written by Adam Prakash and published by Bright Sparks. This book was released on 2011 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timely publication as world leaders deliberate the causes of the latest bouts of food price volatility and search for solutions that address the recent velocity of financial, economic, political, demographic, and climatic change. As a collection compiled from a diverse group of economists, analysts, traders, institutions and policy formulators - comprising multiple methodologies and viewpoints - the book exposes the impact of volatility on global food security, with particular focus on the world's most vulnerable.
Book Synopsis The Global Food Crisis by : Jennifer Clapp
Download or read book The Global Food Crisis written by Jennifer Clapp and published by Wilfrid Laurier Univ. Press. This book was released on 2009-09-30 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global food crisis is a stark reminder of the fragility of the global food system. The Global Food Crisis: Governance Challenges and Opportunities captures the debate about how to go forward and examines the implications of the crisis for food security in the world’s poorest countries, both for the global environment and for the global rules and institutions that govern food and agriculture. In this volume, policy-makers and scholars assess the causes and consequences of the most recent food price volatility and examine the associated governance challenges and opportunities, including short-term emergency responses, the ecological dimensions of the crisis, and the longer-term goal of building sustainable global food systems. The recommendations include vastly increasing public investment in small-farm agriculture; reforming global food aid and food research institutions; establishing fairer international agricultural trade rules; promoting sustainable agricultural methods; placing agriculture higher on the post-Kyoto climate change agenda; revamping biofuel policies; and enhancing international agricultural policy-making. Co-published with the Centre for International Governance Innovation
Book Synopsis Food trade policy and food price volatility by : Martin, Will
Download or read book Food trade policy and food price volatility written by Martin, Will and published by Intl Food Policy Res Inst. This book was released on 2024-05-13 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Food trade barriers in many countries are systematically adjusted to insulate domestic markets from world price changes—a response not predicted by traditional political economy models. In this study, policymakers are assumed to minimize the political costs associated with changing domestic prices and deviating from longer-run political-economy equilibria. Error correction techniques applied to domestic and world price data for rice and wheat collected to measure trade policy distortions allow estimation of policy response parameters. The results suggest that systematic short-run price insulation reduces shocks to domestic prices but sharply increases world price volatility and the costs of trade distortions. However, idiosyncratic domestic price shocks resulting from inefficient policy instruments such as quantitative restrictions increase domestic price volatility relative to the magnified volatility of world prices—frequently outweighing the stabilizing impacts of price insulation. This fundamentally changes our understanding of the impacts of price-insulation—from a zero-sum game where some countries reduce the volatility of their prices using beggar-thy-neighbor policies that raise price volatility elsewhere, into one where price volatility rises in most countries. National policy reforms to move away from discretionary, destabilizing policies could lower costs, reduce volatility in domestic and world prices, and facilitate reform of international trade rules.
Book Synopsis What Explains the Rise in Food Price Volatility? by : Mr.Shaun K. Roache
Download or read book What Explains the Rise in Food Price Volatility? written by Mr.Shaun K. Roache and published by International Monetary Fund. This book was released on 2010-05-01 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: The macroeconomic effects of large food price swings can be broad and far-reaching, including the balance of payments of importers and exporters, budgets, inflation, and poverty. For market participants and policymakers, managing low frequency volatility—i.e., the component of volatility that persists for longer than one harvest year—may be more challenging as uncertainty regarding its persistence is likely to be higher. This paper measures the low frequency volatility of food commodity spot prices using the spline- GARCH approach. It finds that low frequency volatility is positively correlated across different commodities, suggesting an important role for common factors. It also identifies a number of determinants of low frequency volatility, two of which—the variation in U.S. inflation and the U.S. dollar exchange rate—explain a relatively large part of the rise in volatility since the mid-1990s.
Author :Council on Foreign Relations Publisher :Council on Foreign Relations ISBN 13 :0876095015 Total Pages :354 pages Book Rating :4.8/5 (76 download)
Book Synopsis The New Arab Revolt by : Council on Foreign Relations
Download or read book The New Arab Revolt written by Council on Foreign Relations and published by Council on Foreign Relations. This book was released on 2011 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The volume includes seminal pieces from Foreign Affairs, ForeignAffairs.com, and CFR.org. In addition, major public statements by Barack Obama, Hillary Rodham Clinton, Hosni Mubarak, Muammar al-Qaddafi, and others are joined by Egyptian opposition writings and relevant primary source documents."--Page 4 of cover.
Download or read book The Rice Crisis written by David Dawe and published by Routledge. This book was released on 2012-07-26 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent escalation of world food prices – particularly for cereals - prompted mass public indignation and demonstrations in many countries, from the price of tortilla flour in Mexico to that of rice in the Philippines and pasta in Italy. The crisis has important implications for future government trade and food security policies, as countries re-evaluate their reliance on potentially more volatile world markets to augment domestic supplies of staple foods. This book examines how government policies caused and responded to soaring world prices in the particular case of rice, which is the world's most important source of calories for the poor. Comparable case studies of policy reactions in different countries, principally across Asia, but also including the USA, provide the understanding necessary to evaluate the impact of trade policy on the food security of poor farmers and consumers. They also provide important insights into the concerns of developing countries that are relevant for future international trade negotiations in key agricultural commodities. As a result, more appropriate policies can be put in place to ensure more stable food supplies in the future. Published with the Food and Agriculture (FAO) Organization of the United Nations
