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Food Price Policy in an Era of Market Instability: A Political Economy Analysis

Per Pinstrup-Andersen

Abstract

Food price volatility is one of the major challenges facing the global agricultural system today. This was most vividly illustrated during the global food crisis of 2007–9 when price spikes occurred for key staple food commodities—such as wheat, rice, maize, and soybeans. Given the variety of reactions by governments of countries experiencing similar food price shocks, the 2007–9 crisis offered an excellent natural experiment for generating knowledge on responses to price volatility in particular and on the political economy of agricultural policy-making more generally. This book contains the ... More

Keywords: food price volatility, global agricultural system, staple food commodities, policy intervention, developing countries

Bibliographic Information

Print publication date: 2014 Print ISBN-13: 9780198718574
Published to Oxford Scholarship Online: January 2015 DOI:10.1093/acprof:oso/9780198718574.001.0001

Authors

Affiliations are at time of print publication.

Per Pinstrup-Andersen, editor
Graduate School Professor at Cornell University and Adjunct Professor at Copenhagen University

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Contents

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Part I An Overview

Part II Synthesis of Findings from Country Studies

5 A Political Economy Synthesis

Derrill D. Watson II*

Part III The Political Economy of Food Price Policy in Low-income Landlocked Countries

7 The Political Economy of Food Price Policy in Malawi

Ephraim W. Chirwa and Blessings Chinsinga

Part IV The Political Economy of Food Price Policy in Low-income Countries with Limited Dependence on Food Imports

10 The Political Economy of Food Price Policy in Mozambique

Virgulino Nhate, Claudio Massingarela, and Vincenzo Salvucci

Part V The Political Economy of Food Price Policy in Low- and Middle-income Countries Heavily Dependent on Food Import

Part VI The Political Economy of Food Price Policy in Large Exporters

15 The Political Economy of Food Price Policy in Vietnam

Nguyen Manh Hai and Theodore Talbot

17 The Political Economy of Food Price Policy in China

Jikun Huang, Jun Yang, and Scott Rozelle

18 The Political Economy of Food Price Policy in Brazil

Bernardo Mueller and Charles Mueller*

Part VII The Political Economy of Food Price Policy in High-income Countries

21 Food Price Volatility and EU Policies

Johan Swinnen, Louise Knops, and Kristine van Herck*

Part VIII Conclusions and Recommendations

End Matter