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Since 2006, global prices and price volatility for foodgrain commodities have spiked frequently and dramatically. Such spikes have had the heaviest economic and social impact on developing nations, where agriculture accounts for a sizable portion of economic activity. We demonstrate how US...
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raises food commodity prices, and leads to a rise in food, energy and core inflation, and to a persistent fall in real GDP …
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How to understand the twenty-first century food crisisSince 2007, farm-product prices have gone crazy, causing hunger, malnutrition, and social and political upheaval around the world. Endless Appetites explores how "food security," the availability of food and the reasonable ability to buy it,...
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