Global Uncertainty and the Volatility of Agricultural Commodities Prices

Global Uncertainty and the Volatility of Agricultural Commodities Prices PDF Author: B.R. Munier
Publisher: IOS Press
ISBN: 1614990379
Category : Business & Economics
Languages : en
Pages : 256

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Book Description
The recent global financial crisis exposed the serious limitations of existing economic and financial models. Not only did macro models fail to predict the crisis, they seemed incapable of explaining what was happening to the economy. Policymakers felt abandoned by the conventional tools of the now obsolete Washington consensus and the World Trade Organization’s oversimplified faith in free markets.The traditional models for agricultural commodities have so far failed to take into account the uncertain character of the global agricultural economy and its ferocious consequences in food price volatility, the worst in 300 years, yielding hunger riots throughout the world. This book explores the elements which could help to close this fundamental modeling gap. To what extent should traditional models be questioned regarding agricultural commodities? Are prices on these markets foreseeable? Can their evolution be either predicted or convincingly simulated, and if so, by which methods and models? Presenting contributions from acknowledged experts from several countries and backgrounds – professors at major international universities or researchers within specialized international organizations – the book concentrates on four issues: the role of expectations and capacity of prediction; policy issues related to development strategies and food security; the role of hoarding and speculation and finally, global modeling methods. The book offers a renewed wisdom on some of the core issues in the world economy today and puts forward important innovations in analyzing these core issues, among which the modular modeling design, the Momagri model being a seminal example of it. Reading this book should inspire fruitful revisions in policy-making to improve the welfare of populations worldwide.

Global Uncertainty and the Volatility of Agricultural Commodities Prices

Global Uncertainty and the Volatility of Agricultural Commodities Prices PDF Author: B.R. Munier
Publisher: IOS Press
ISBN: 1614990379
Category : Business & Economics
Languages : en
Pages : 256

Get Book Here

Book Description
The recent global financial crisis exposed the serious limitations of existing economic and financial models. Not only did macro models fail to predict the crisis, they seemed incapable of explaining what was happening to the economy. Policymakers felt abandoned by the conventional tools of the now obsolete Washington consensus and the World Trade Organization’s oversimplified faith in free markets.The traditional models for agricultural commodities have so far failed to take into account the uncertain character of the global agricultural economy and its ferocious consequences in food price volatility, the worst in 300 years, yielding hunger riots throughout the world. This book explores the elements which could help to close this fundamental modeling gap. To what extent should traditional models be questioned regarding agricultural commodities? Are prices on these markets foreseeable? Can their evolution be either predicted or convincingly simulated, and if so, by which methods and models? Presenting contributions from acknowledged experts from several countries and backgrounds – professors at major international universities or researchers within specialized international organizations – the book concentrates on four issues: the role of expectations and capacity of prediction; policy issues related to development strategies and food security; the role of hoarding and speculation and finally, global modeling methods. The book offers a renewed wisdom on some of the core issues in the world economy today and puts forward important innovations in analyzing these core issues, among which the modular modeling design, the Momagri model being a seminal example of it. Reading this book should inspire fruitful revisions in policy-making to improve the welfare of populations worldwide.

Multinational Corporations and United States Foreign Policy: International grain companies

Multinational Corporations and United States Foreign Policy: International grain companies PDF Author: United States. Congress. Senate. Committee on Foreign Relations. Subcommittee on Multinational Corporations
Publisher:
ISBN:
Category : International business enterprises
Languages : en
Pages : 396

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Book Description


Food Price Volatility and Its Implications for Food Security and Policy

Food Price Volatility and Its Implications for Food Security and Policy PDF Author: Matthias Kalkuhl
Publisher: Springer
ISBN: 3319282018
Category : Business & Economics
Languages : en
Pages : 620

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Book Description
This book provides fresh insights into concepts, methods and new research findings on the causes of excessive food price volatility. It also discusses the implications for food security and policy responses to mitigate excessive volatility. The approaches applied by the contributors range from on-the-ground surveys, to panel econometrics and innovative high-frequency time series analysis as well as computational economics methods. It offers policy analysts and decision-makers guidance on dealing with extreme volatility.

Total Factor Productividty Growth in Agriculture

Total Factor Productividty Growth in Agriculture PDF Author: A. F. D. ávila
Publisher:
ISBN: 9780444518743
Category :
Languages : en
Pages : 54

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Book Description
In this chapter we compute measures of total factor productivity (TFP) growth for developing countries and then contrast TFP growth with technological capital indexes. In developing these indexes, we incorporate schooling capital to yield two new indexes: Invention-Innovation Capital and Technology Mastery. We find that TFP performance is strongly related to technological capital and that technological capital is required for TFP and cost reduction growth. Investments in technological capital require long-term (20- to 40-year) investments, which are typically made by governments and aid agencies and are the only viable escape route from mass poverty.

The Canadian Wheat Board

The Canadian Wheat Board PDF Author: Andrew Schmitz
Publisher: University of Regina Press
ISBN: 9780889771345
Category : Business & Economics
Languages : en
Pages : 348

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Book Description
The Canadian Wheat Board is a monopoly seller of western Canadian wheat, durum, and barley for human consumption, and feed wheat for export. In this study, the authors first examine Canada's position in the world wheat & barley markets and the Board's role relative to multinational grain companies (MGCs). Chapter 3 presents the regulatory framework governing the Canadian grain industry. The single- desk selling concept of the Board is examined from a theoretical perspective in chapter 4. This chapter also describes the structure of the world wheat & barley trade in which MGCs play key roles. Recent changes in government policies in the US, the European Union, and Canada are discussed in chapter 5. Chapter 6 discusses state trading in grain, the World Trade Organization (WTO) attempts to discipline state trading enterprises, and the Board's impact on trade in the WTO context. Chapter 7 covers the numerous confrontations concerning Canada-US grain trade. Chapter 8 focuses on the debate over creation of a dual market for feed barley. Chapter 9 examines the Charter of Rights case brought against the Board by barley producers & organizations. The focus of chapter 10 is grain transportation, its regulatory framework, and the Board's roles in the grain transportation system. Chapter 11 examines the Board's economic performance. Chapter 12 discusses the marketing of flax and canola in order to better understand how the Board can achieve price premiums and eliminate inefficiencies when marketing grains. The Board's ability to introduce additional price & marketing flexibility is discussed in chapter 13, including the implications of providing the option for using futures markets. Chapter 14 explores the debate over dual marketing and its viability for western Canadian grain producers. The final chapter draws overall conclusions.

International grain companies

International grain companies PDF Author: United States. Congress. Senate. Committee on Foreign Relations. Subcommittee on Multinational Corporations
Publisher:
ISBN:
Category : International business enterprises
Languages : en
Pages : 392

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Book Description


Merchants of Grain

Merchants of Grain PDF Author: Dan Morgan
Publisher: Backinprint.com
ISBN: 9780595142101
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
The first and only book to describe the seven secretive families and five far-flung companies that control the world's food supplies. Little has changed their central role since Morgan's best-selling book first appeared in 1979.

The Oxford Handbook of Food, Water and Society

The Oxford Handbook of Food, Water and Society PDF Author: John Anthony Allan
Publisher:
ISBN: 0190669799
Category : Business & Economics
Languages : en
Pages : 945

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Book Description
Society's greatest use of water is in food production, which makes farmers central to global environmental management. Current food value chains, however, do not enable farmers to both feed a growing population and steward natural resources. Through a carefully curated collection of articles written by water and food system scientists and professionals, including farmers, this Oxford Handbook considers the interconnected issues of real water in the environment and "virtual water" in food value chains, and investigates society's influence on both. This perspective highlights considerable challenges for food security and environmental stewardship in the context of ongoing global change. The book discusses these issues by region and by selected commodities, emphasizing innovation needed for the food system to meet future challenges.

American Doctoral Dissertations

American Doctoral Dissertations PDF Author:
Publisher:
ISBN:
Category : Dissertation abstracts
Languages : en
Pages : 552

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Book Description


Dissertation Abstracts International

Dissertation Abstracts International PDF Author:
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 596

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Book Description