A recent publication of the UN Food and Agricultural Organization (FAO) has highlighted the food insecurity problem facing the globe: food production will have to increase by 70 percent in 2050 to keep up with a global population that is projected to grow from 6 billion to 9 billion. There has...

For many low-income countries, the impact of structural reforms on economic growth and poverty alleviation crucially depends on the response of aggregate agricultural supply to changing incentives. Despite its policy relevance, the size of this parameter is still largely unknown. This paper...

This paper projects global food supply and demand to the year 2025, with a particular emphasis on Asia. Technological change is found to be the critical factor in determining whether or not food prices will preserve their long-run, downward trend, as well as the likely patterns of trade and...