The intersection of trade policy, price volatility, and food security
The volatility of food prices has always concerned national governments, especially those of open developing economies, as it undermines their perceived national food security. A common policy approach has been to partially insulate their domestic market from international food price fluctuations by varying restrictions on their imports or exports. Unfortunately, such domestic stabilization measures amplify international price fluctuations. This article explains conceptually, and illustrates...[Show more]
|Collections||ANU Research Publications|
|Source:||Annual Review of Resource Economics 6 (2014): 513-532|
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