Markets and trade
 
     

Safeguarding Food Security in Volatile
Global Markets

Download Book

Order Print Copy

Table of Contents

PART I: SETTING THE STAGE

PART II: WHY A NEW POLICY DIALOGUE IS NEEDED

PART III: INFORMATION, EXPECTATIONS AND THE ROLE OF STOCKS

PART IV: GLOBAL GOVERNANCE TOWARDS FOOD SECURITY
  1. Why volatility matters
    —Adam Prakash
  2. Commodity prices: theoretical and empirical properties —Matthieu Stigler
  3. Rising vulnerability in the global food system: beyond market fundamentals
    —Adam Prakash and Christopher L. Gilbert
  4. Rising vulnerability in the global food system: environmental pressures and climate change
    —Global Perspectives Unit (FAO) and Natural Resources Department (FAO)
  5. The nature and determinants of volatility in agricultural prices: an empirical study
    —Kelvin Balcombe
  6. Emerging linkages between price volatilities in energy and agricultural markets
    —Stefan Busse, Bernhard Brümmer and Rico Ihle
  7. Grains price pass-through, 2005-09
    —Christopher L. Gilbert
  8. Price transmission and volatility spillovers in food markets
    —George Rapsomanikis
  1. The world rice market in 2007-08
    —David Dawe and Tom Slayton
  2. Country responses to turmoil in global food markets
    —Mulat Demeke, Guendalina Pangrazio and Materne Maetz
  3. International commodity agreements and their current relevance for grains price stabilization
    —Christopher L. Gilbert
  4. The fallacy of price interventions: a note on price bands and managed tarifs
    —Brian Wright and Adam Prakash
  1. The rise of commodity speculation: from villainous to venerable
    —Ann Berg
  2. The economics of information and behaviour in explaining excess volatility
    —Adam Prakash and Matthieu Stigler
  3. Storage arbitrage and commodity price volatility
    —Carlo Cafiero, Eugenio Bobenrieth and Juan Bobenrieth
  4. The role of stocks in generating volatility and crisis
    —Matthieu Stigler and Adam Prakash
  1. Global governance
    —Panos Konandreas
  2. Coping with food price surges
    —Christopher L. Gilbert and Alexandra Tabova
  3. Using futures and options to manage price volatility in food imports
    —Alexander Sarris, Piero Conforti, and Adam Prakash
  4. Using futures and options to manage price volatility in food imports: practice
    —Morgan Stanley Commodities Group
  5. The global grain contract: towards a new food security instrument
    —Ann Berg
  6. Strengthening global food market monitoring
    —Jim Greenfield and Abdolreza Abbassian
  7. Addressing the biofuels problem
    —Brian Wright
  8. Targeting the most vulnerable: implementing social safety nets
    —Zoltan Tiba, Agricultural Development Economics Division, (FAO).
  9. Targeting the most vulnerable: emergency reserves and other instruments
    —Agricultural Support Systems Division (FAO).
  10. Targeting the most vulnerable: implementing input subsidies
    —Zoltan Tiba, Agricultural Development Economics Division, (FAO).
  11. Investing towards a world free of hunger
    —Josef Schmidhuber and Jelle Bruinsma

The designations employed and the presentation of material in this information product do not imply the expression of any opinion whatsoever on the part of the Food and Agriculture Organization of the United Nations (FAO) concerning the legal or development status of any country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries. The mention of specific companies or products of manufacturers, whether or not these have been patented, does not imply that these have been endorsed or recommended by FAO in preference to others of a similar nature that are not mentioned.

The views expressed in this information product are those of the author(s) and do not necessarily reflect the views of FAO.

978-92-5-106803-8

All rights reserved. FAO encourages reproduction and dissemination of material in this information product. Non-commercial uses will be authorized free of charge, upon request. Reproduction for resale or other commercial purposes, including educational purposes, may incur fees. Applications for permission to reproduce or disseminate FAO copyright materials, and all other queries concerning rights and licences, should be addressed by e-mail to [email protected] or to the Chief, Publishing Policy and Support Branch, Office of Knowledge Exchange, Research and Extension, FAO, Viale delle Terme di Caracalla, 00153 Rome, Italy.

© FAO 2011