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Books > Business & Economics > Economics > International economics > International trade
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The Fight Against Food Shortages and Surpluses - Perspectives of a Practitioner (Paperback)
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The Fight Against Food Shortages and Surpluses - Perspectives of a Practitioner (Paperback)
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The price of food commodities - such as wheat, corn and rice - is
unstable. It can suddenly shoot up, making food unaffordable for
millions of people around the world, bringing hunger and famine. A
shortage may be due to bad weather or to a human pandemic which
disrupts the food system. The other side of the volatility coin is
a grain surplus - too much grain on the market. A grain surplus can
cause food prices to rapidly fall, wiping out the profits of
farming families and jeopardising their livelihoods. The whole
world would be better off if commodity prices were more stable. The
challenge is for governments to manage food and farming so that
there are neither food shortages nor food surpluses. This book
explores how governments can do this and uses theory and evidence
to address major ideologies and global problems anew by: -
Exploring the causes, consequence and potential for moderation of
food price volatility. - Evaluating the various policy tools that
have been proposed to eliminate hunger and reduce volatility. -
Concluding with a practical strategy to moderate volatility - grain
buffer stocks. In so doing the book addresses a core question: how
can prices be managed for the benefit of consumers and farmers
without impairing the efficiency of the market? Authored by an
agricultural economist with thirty years of practical experience in
farm policy, this book will assist governments in the design of
their food and agricultural policies. Requiring no prior knowledge
of economics, it is essential reading for students, researchers and
policy makers in the areas of economics, international and
sustainable development, agriculture, and food security.
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