Tanaka, Tetsuji; Hosoe, Nobuhiro - National Graduate Institute for Policy Studies (GRIPS) - 2011
In the late 2000s, the world grain markets experienced severe turbulence with rapid crop price rises caused by bad crops, oil price hikes, export restrictions, and the emergence of biofuels as well as financial speculation. We review the impacts of the first four real-side factors using a world...