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Santini 2022). Currently, though, international agricultural trade is facing supply chain disruptions and rising world market … China-US trade war and Russia's invasion of Ukraine, are further rattling the food market. As the world's largest consumer … of agricultural goods, China's trade strategies influence world markets, with ripple-down effects for consumers around …
Persistent link: https://www.econbiz.de/10014419582
The overall goal of this paper is to analyse the political economy of food price policies in China during the global food crisis. The results show that given China's unique economic and political context and the nature of its agricultural markets, the government's reaction to the crisis was...
Persistent link: https://www.econbiz.de/10010319826
The 2007-09 price shocks affected in particular the prices of food commodities and fuel. As a consequence, Mozambique experienced reduced exports, more expensive imports and increased food and oil prices, contributing to the stagnant poverty rates registered in 2008/9. Our analysis finds, first,...
Persistent link: https://www.econbiz.de/10010319858
Food prices increased significantly in 2007 - 08 in Ethiopia due to several supply- and demand-side factors. The Ethiopian government released emergency food grain reserves, imported and distributed wheat at subsidized price, banned the export of staple cereals, and removed value added and...
Persistent link: https://www.econbiz.de/10010319942
, volatility, and spikes. While price trends are important in the long term, volatility and spikes are more important in the short … correlations among themselves. A rising medium-term price trend has triggered extreme short-term price spikes and increased … volatility. An assessment of the costs of price volatility has shown that the existing literature follows a conventional marginal …
Persistent link: https://www.econbiz.de/10010323663
scheduled economic releases on three exchange rates: EUR/$, JPY/$ and GBP/$. Using wavelets to analyze volatility behavior, we … empirically show that intraday volatility clusters increase as we approach the time of the releases, and decay exponentially after …. Finally, we propose a wavelet volatility estimator which is not only more efficient than a range estimator that is commonly …
Persistent link: https://www.econbiz.de/10010301730
looks at the argument that a strong CAP is needed to feed the world. While hunger in developing countries is undeniably a …
Persistent link: https://www.econbiz.de/10011790335
Since 2006, global prices and price volatility for foodgrain commodities have spiked frequently and dramatically. Such … effects on world markets prior to 2006. We then focus on new causal mechanisms that have emerged since 2006, sourced with … interacted with each other and with biofuel policies in the rest of the world. This assessment focuses on the role of such …
Persistent link: https://www.econbiz.de/10010319827
The paper examines the underlying political economy motivations of the government's policy responses to food price increases in 2007/08 focusing particularly on maize as the main staple crop. The main government policy responses to the food price spikes in 2007/08 were price control, bans on...
Persistent link: https://www.econbiz.de/10010319850
Persistent link: https://www.econbiz.de/10011601824