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Price Volatility in Food and Agricultural Markets : Policy Responses.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- FAO.
- Series:
- Other papers
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Agribusiness.
- Agricultural Productivity.
- Agricultural Sector Economics.
- Agriculture.
- Animal Feed.
- Arbitrage.
- Beef.
- Carbon Emissions.
- Clean Water.
- Cocoa.
- Consumer Protection.
- Cotton.
- Food & Beverage Industry.
- Food Consumption.
- Food Production.
- Food Safety.
- Food Security.
- Food Shortage.
- Foreign Direct Investment.
- Grains.
- Human Capital.
- Industry.
- Inflation.
- Insurance.
- International Cooperation.
- Livestock.
- Maize.
- Marketing.
- Meat.
- Monopolies.
- Price Volatility.
- Private Investment.
- Purchasing Power.
- Regulators.
- Risk Management.
- Soybeans.
- Sugar.
- Surplus.
- Technology Transfer.
- Wheat.
- World Food Programme.
- Local Subjects:
- Agribusiness.
- Agricultural Productivity.
- Agricultural Sector Economics.
- Agriculture.
- Animal Feed.
- Arbitrage.
- Beef.
- Carbon Emissions.
- Clean Water.
- Cocoa.
- Consumer Protection.
- Cotton.
- Food & Beverage Industry.
- Food Consumption.
- Food Production.
- Food Safety.
- Food Security.
- Food Shortage.
- Foreign Direct Investment.
- Grains.
- Human Capital.
- Industry.
- Inflation.
- Insurance.
- International Cooperation.
- Livestock.
- Maize.
- Marketing.
- Meat.
- Monopolies.
- Price Volatility.
- Private Investment.
- Purchasing Power.
- Regulators.
- Risk Management.
- Soybeans.
- Sugar.
- Surplus.
- Technology Transfer.
- Wheat.
- World Food Programme.
- Other Title:
- Price Volatility in Food and Agricultural Markets
- Place of Publication:
- Washington, D.C. : The World Bank, 2011.
- System Details:
- data file
- Summary:
- The approach taken in this report reflects the view of the collaborating international organizations that price volatility and its effects on food security is a complex issue with many dimensions, agricultural and non-agricultural, short and long-term, with highly differentiated impacts on consumers and producers in developed and developing countries. The report begins with a discussion of volatility and of the ways in which volatility affects countries, businesses, consumers and farmers. Lessons learned from recent experiences are briefly reviewed as well as the factors determining likely levels of volatility in future. This report offers suggestions for a systematic and internationally coordinated response building on the lessons learned as a result of the 2007-2008crisis. It is important to distinguish between policy options designed to prevent or reduce price volatility and those designed to mitigate its consequences. Both types of intervention are explored in detail. Scope is identified for actions at individual, national, regional and international level. Some would help to avert a threat; others are in the nature of contingency plans to improve readiness, while still others address long-term issues of resilience. Finally, the report explores mechanisms of international cooperation to implement this report's recommendations and to monitor progress.
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