Managing Food Price Instability in Developing Countries
This report reviews the effects of food price instability in developing countries on overall food security, agricultural growth, and economic development. It is well recognized that food price instability has grown over the last few years and will continue to do so under the impact of climate change, decreasing global grain stocks, the boom in biofuels, and the increasing financialization of agricultural futures markets. This instability will undoubtedly increase producer and consumer price instability in developing countries. This report presents various scenarios that can lead to increased stability of food prices, and the types of accompanying policies needed to prevent high fluctuations of these, which have severe consequences on the wellbeing of populations in developing countries.
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