1. Introduction and Summary -- 2. How Trade Can Boost Food Security -- 3. The Long History of Food Globalization -- 4. The Evolution of Food Trade Patterns since 1960 -- 5. Market-Distorting Policies: Long-Run Trends and Short-Run Insulation -- 6. Estimating Trade, Welfare, and Poverty Effects...

This book examines the issue of price volatility in agricultural commodities markets and how this phenomenon has evolved in recent years. The factors underlying the price spike of 2007-08 appear to be global and macroeconomic in nature, including the rapid growth in demand by developing...