World food markets into the 21st century: commodity risk management policies

Recent concerns about future global food production seem poorly based. The rapid phase of growth in food consumption is over for most of the world's population because of increased incomes and, besides, population growth rates continue to slow. Thus, the rate of growth of food production needed in the future is much lower than it has been for the past 40 years. Production and price instability will continue, perhaps with lessened intensity because of reduced government intervention. With private agricultural interests now facing greater exposure to price and production risks, especially in developing countries, there needs to be greater emphasis on financial market instruments for managing these risks.


Issue Date:
1997
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/118056
Published in:
Australian Journal of Agricultural and Resource Economics, Volume 41, Issue 3
Page range:
429-443
Total Pages:
15




 Record created 2017-04-01, last modified 2017-08-26

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