Chapter 4: Using Trade Policy to Overcome Food Insecurity
Author: International Monetary Fund
Language:
English
Keywords:
MISC RPT; MISC; food price; price; food; country; developing country; commodity; trade; price volatility; food staple; food price volatility; value chain; food trade; Agricultural commodities; Exports; Food prices; Trade barriers; Trade policy; Global; Africa; North Africa

Abstract

Trade is an excellent buffer for domestic fluctuations in food supply. There is no global food shortage: the problem is regional or local—one of moving food, often across borders, from surplus production areas to deficit ones—coupled with affordability. World output of a given food commodity is far less variable than output in individual countries. Thus increased trade integration holds considerable potential to stabilize food prices, boost returns to farmers, and reduce the prices faced by consumers.

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Cover Global Monitoring Report
Global Monitoring Report
Food Prices, Nutrition, and the Millennium Development Goals: Food Prices, Nutrition, and the Millennium Development Goals
Author: International Monetary Fund
ISBN:
9780821394519
ISSN:
0258-7440
Publication Date:
25 Apr 2012
Publisher:
Organisation for Economic Co-Operation and Develop
DOI:
https://doi.org/10.5089/9780821394519.083
Pages:
188