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Book How Government Policies Affect the Relationship between Polish and World Wheat prices

Download or read book How Government Policies Affect the Relationship between Polish and World Wheat prices written by Panayotis N. Varangis and published by World Bank Publications. This book was released on 1999 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: June 1997 Government intervention is the main reason for the low correlation between cash prices for Polish wheat and wheat futures prices in Chicago and London. Polish government policies reduce incentives for Poland's private sector to use existing wheat futures contracts in foreign exchanges to hedge against price risks and impede the development of a Polish wheat futures exchange. Cash prices for wheat in Poland are not closely related to futures prices in Chicago and London, for several reasons: differences in seasonality, fluctuations in exchange rate, poor dissemination of information in Poland, and most important the Polish government's intervention in wheat markets. Polish wheat prices generally move to expected intervention prices (set by ARR, the agency for agricultural markets) and then stay there until the next intervention level becomes known. The exception was in 1994/95, when sharply higher world prices raised prices in Poland. A wheat futures exchange in Poland could give the private sector a tool for hedging against price risk, improving efficiency and price discovery in Poland. It would be difficult to develop, however, under present interventionist policies. This situation could be improved by reducing the protection of prices and by making any intervention rules-based (reducing uncertainty about policies). Should intervention be reduced or rationalized, the next question is whether Poland needs its own wheat futures exchange or whether Poland's private sector can use futures exchanges in London and Chicago to hedge against risk. The answer to that question is not an easy one. This paper - a product of the Commodity Policy and Analysis Unit, International Economics Department - is part of a larger effort in the department to analyze commodity pricing policies.

Book How Government Policies Affect the Relationship Between Polich and World Wheat Prices

Download or read book How Government Policies Affect the Relationship Between Polich and World Wheat Prices written by Szczepan Figiel and published by . This book was released on 1997 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book How Government Policies Affect the Relationship between Polish and World Wheat Prices

Download or read book How Government Policies Affect the Relationship between Polish and World Wheat Prices written by Sczepan Figel and published by . This book was released on 2016 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: Government intervention is the main reason for the low correlation between cash prices for Polish wheat and wheat futures prices in Chicago and London. Polish government policies reduce incentives for Poland`s private sector to use existing wheat futures contracts in foreign exchanges to hedge against price risks and impede the development of a Polish wheat futures exchange.Cash prices for wheat in Poland are not closely related to futures prices in Chicago and London, for several reasons: differences in seasonality, fluctuations in exchange rate, poor dissemination of information in Poland, and most important the Polish government`s intervention in wheat markets.Polish wheat prices generally move to expected intervention prices (set by ARR, the agency for agricultural markets) and then stay there until the next intervention level becomes known. The exception was in 1994/95, when sharply higher world prices raised prices in Poland.A wheat futures exchange in Poland could give the private sector a tool for hedging against price risk, improving efficiency and price discovery in Poland. It would be difficult to develop, however, under present interventionist policies. This situation could be improved by reducing the protection of prices and by making any intervention rules-based (reducing uncertainty about policies).Should intervention be reduced or rationalized, the next question is whether Poland needs its own wheat futures exchange or whether Poland's private sector can use futures exchanges in London and Chicago to hedge against risk. The answer to that question is not an easy one.This paper - a product of the Commodity Policy and Analysis Unit, International Economics Department - is part of a larger effort in the department to analyze commodity pricing policies.

Book The Economics of Food Price Volatility

Download or read book The Economics of Food Price Volatility written by Jean-Paul Chavas and published by University of Chicago Press. This book was released on 2014-10-14 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The conference was organized by the three editors of this book and took place on August 15-16, 2012 in Seattle."--Preface.

Book Food Policy in the United States

Download or read book Food Policy in the United States written by Parke Wilde and published by Routledge. This book was released on 2013 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a broad introduction to food policies in the United States. Real-world controversies and debates motivate the book's attention to economic principles, policy analysis, nutrition science and contemporary data sources. It assumes that the reader's concern is not just the economic interests of farmers, but also includes nutrition, sustainable agriculture, the environment and food security. The book's goal is to make US food policy more comprehensible to those inside and outside the agri-food sector whose interests and aspirations have been ignored. The chapters cover US agriculture, food production and the environment, international agricultural trade, food and beverage manufacturing, food retail and restaurants, food safety, dietary guidance, food labeling, advertising and federal food assistance programs for the poor. The author is an agricultural economist with many years of experience in the non-profit advocacy sector, the US Department of Agriculture and as a professor at Tufts University. The author's well-known blog on US food policy provides a forum for discussion and debate of the issues set out in the book.

Book The Intended and Unintended Effects of U S  Agricultural and Biotechnology Policies

Download or read book The Intended and Unintended Effects of U S Agricultural and Biotechnology Policies written by Joshua S. Graff Zivin and published by University of Chicago Press. This book was released on 2012-03-15 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using economic models and empirical analysis, this volume examines a wide range of agricultural and biofuel policy issues and their effects on American agricultural and related agrarian insurance markets. Beginning with a look at the distribution of funds by insurance programs—created to support farmers but often benefiting crop processors instead—the book then examines the demand for biofuel and the effects of biofuel policies on agricultural price uncertainty. Also discussed are genetically engineered crops, which are assuming an increasingly important role in arbitrating tensions between energy production, environmental protection, and the global food supply. Other contributions discuss the major effects of genetic engineering on worldwide food markets. By addressing some of the most challenging topics at the intersection of agriculture and biotechnology, this volume informs crucial debates.

Book Food Price Volatility and Its Implications for Food Security and Policy

Download or read book Food Price Volatility and Its Implications for Food Security and Policy written by Matthias Kalkuhl and published by Springer. This book was released on 2016-04-12 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book Handbook of Bioenergy Economics and Policy

Download or read book Handbook of Bioenergy Economics and Policy written by Madhu Khanna and published by Springer Science & Business Media. This book was released on 2009-12-02 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: Concerns about energy security, uncertainty about oil prices, declining oil reserves, and global climate change are fueling a shift towards bioenergy as a renewable alternative to fossil fuels. Public policies and private investments around the globe are aiming to increase local capacity to produce biofuels. A key constraint to the expansion of biofuel production is the limited amount of land available to meet the needs for fuel, feed, and food in the coming decades. Large-scale biofuel production raises concerns about food versus fuel tradeoffs, about demands for natural resources such as water, and about potential impacts on environmental quality. The book is organized into five parts. The introductory part provides a context for the emerging economic and policy challenges related to bioenergy and the motivations for biofuels as an energy source. The second part of the handbook includes chapters that examine the implications of expanded production of first generation biofuels for the allocation of land between food and fuel and for food/feed prices and trade in biofuels as well as the potential for technology improvements to mitigate the food vs. fuel competition for land. Chapters in the third part examine the infrastructural and logistical challenges posed by large scale biofuel production and the factors that will influence the location of biorefineries and the mix of feedstocks they use. The fourth part includes chapters that examine the environmental implications of biofuels, their implications for the design of policies and the unintended environmental consequences of existing biofuel policies. The final part presents economic analysis of the market, social welfare, and distributional effects of biofuel policies.

Book Growth and Evolution in China s Agricultural Support Policies

Download or read book Growth and Evolution in China s Agricultural Support Policies written by Fred Gale and published by Createspace Independent Publishing Platform. This book was released on 2014-04-04 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: China is perhaps the most prominent example of a developing country that has transitioned from taxing to supporting agriculture. In recent years, Chinese price supports and subsidies have risen at an accelerating pace after they were linked to rising production costs. Per-acre subsidy payments to grain producers now equal 7 to 15 percent of those producers' gross income, but grain payments appear to have little influence on production decisions. Chinese authorities began raising price supports annually to bolster incentives, and Chinese prices for major farm commodities are rising above world prices, helping to attract a surge of agricultural imports. U.S. agricultural exports to China tripled in value during the period when China's agricultural support was accelerating. Overall, China's expansion of support is loosely constrained by World Trade Organization (WTO) commitments, but the country's price-support programs could exceed WTO limits in coming years. Chinese officials promise to continue increasing domestic policy support for agriculture, but the mix of policies may evolve as the Chinese agricultural sector becomes more commercialized and faces competitive pressures.

Book Public Policies for Food Sovereignty

Download or read book Public Policies for Food Sovereignty written by Annette Aurelie Desmarais and published by Routledge. This book was released on 2017-09-07 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: An increasing number of rural and urban-based movements are realizing some political traction in their demands for democratization of food systems through food sovereignty. Some are pressuring to institutionalize food sovereignty principles and practices through laws, policies, and programs. While the literature on food sovereignty continues to grow in volume and complexity, there are a number of key questions that need to be examined more deeply. These relate specifically to the processes and consequences of seeking to institutionalize food sovereignty: What dimensions of food sovereignty are addressed in public policies and which are left out? What are the tensions, losses and gains for social movements engaging with sub-national and national governments? How can local governments be leveraged to build autonomous spaces against state and corporate power? The contributors to this book analyze diverse institutional processes related to food sovereignty, ranging from community-supported agriculture to food policy councils, direct democracy initiatives to constitutional amendments, the drafting of new food sovereignty laws to public procurement programmes, as well as Indigenous and youth perspectives, in a variety of contexts including Brazil, Ecuador, Spain, Switzerland, UK, Canada, USA, and Africa. Together, the contributors to this book discuss the political implications of integrating food sovereignty into existing liberal political structures, and analyze the emergence of new political spaces and dynamics in response to interactions between state governance systems and social movements voicing the radical demands of food sovereignty.

Book The Causes of Government and the Consequences for Growth and Well being

Download or read book The Causes of Government and the Consequences for Growth and Well being written by Simon Commander and published by World Bank Publications. This book was released on 1999 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: June 1997 A range of factors drive size of government: relative prices, the age-dependency ratio, how long a country has been independent, relative political freedom, and openness in trade. Larger governments tend to limit growth, but that tendency can be offset by well-functioning institutions and high-quality bureaucracy. Size of government is not the only issue that matters. Using a large cross-country data set, Commander, Davoodi, and Lee examine the factors that cause governments to grow and analyze how the size of government affects growth, whether measured as income growth or other measures of well-being, such as infant mortality and life expectancy. They find no robust link between government size and per capita income. The factors they find to be important in explaining government size are relative prices, the age-dependency ratio, how long a country has been independent, relative political freedom, and openness in trade. Their results also partially support the view that governments use consumption to buffer external risk, especially in low-income countries. As for how government size affects growth, they find a robust and significant negative relationship between growth and government size, as measured by consumption. Policy distortions, predictably, also have a negative effect on growth. But the positive effects of well-functioning institutions and high quality in government bureaucracies can offset the negative influence of large government size alone. Finally, they find that social-sector spending can exert a positive influence by reducing infant mortality and raising life expectancy. Better income distribution, higher per capita income, higher per capita income growth, and more political freedom have the same positive effect on those two measures of well-being. This paper - a joint product of the Office of the Senior Vice President, Development Economics and Chief Economist, and New Products and Outreach Division, Economic Development Institute - was prepared as a background paper for World Development Report 1997 on the role of the state in a changing world.

Book The Rice Crisis

    Book Details:
  • Author : David Dawe
  • Publisher : Routledge
  • Release : 2012-07-26
  • ISBN : 1136530398
  • Pages : 394 pages

Download or read book The Rice Crisis written by David Dawe and published by Routledge. This book was released on 2012-07-26 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent escalation of world food prices – particularly for cereals - prompted mass public indignation and demonstrations in many countries, from the price of tortilla flour in Mexico to that of rice in the Philippines and pasta in Italy. The crisis has important implications for future government trade and food security policies, as countries re-evaluate their reliance on potentially more volatile world markets to augment domestic supplies of staple foods. This book examines how government policies caused and responded to soaring world prices in the particular case of rice, which is the world's most important source of calories for the poor. Comparable case studies of policy reactions in different countries, principally across Asia, but also including the USA, provide the understanding necessary to evaluate the impact of trade policy on the food security of poor farmers and consumers. They also provide important insights into the concerns of developing countries that are relevant for future international trade negotiations in key agricultural commodities. As a result, more appropriate policies can be put in place to ensure more stable food supplies in the future. Published with the Food and Agriculture (FAO) Organization of the United Nations

Book Trade Policy Issues and Empirical Analysis

Download or read book Trade Policy Issues and Empirical Analysis written by Robert E. Baldwin and published by University of Chicago Press. This book was released on 2008-04-15 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interest in U.S. trade policy has been stimulated in recent years by the massive American trade deficit, by the belief that intervention by foreign governments in international markets has given other countries a competitive edge over the United States, and by concern about the increase in protectionism among industrial countries. In turn, major analytical developments in international economics have revolutionized trade theory, broadening its scope both by introducing in a more formal manner such concepts as imperfect competition, increasing returns, product differentiation, and learning effects and by including the study of political and economic factors that shape trade policy decisions. This collection of papers—the result of a conference held by the NBER—applies these "new" trade theories to existing world cases and also presents complementary empirical studies that are grounded in more traditional trade theories. The volume is divided into four parts. The papers in part 1 consider the problem of imperfect competition, empirically assessing the economic effect of various trade policies introduced in industries in which the "new" trade theory seems to apply. Those in part 2 isolate the effects of protection from the influences of the many economic changes that accompany actual periods of protection and also examine how the effects from exogenous changes in economic conditions vary with the form of protection. Part 3 provides new empirical evidence on the effect of foreign production by a country's firms on the home country's exports. Finally, in part 4, two key bilateral issues are analyzed: recent U.S.-Japanese trade tensions and the incident involving the threat of the imposition of countervailing duties by the United States on Canadian softwood lumber.

Book Government Subsidies

Download or read book Government Subsidies written by Mr.Benedict J. Clements and published by International Monetary Fund. This book was released on 1995-09-01 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper addresses the problems of defining and measuring government subsidies, examines why and how government subsidies are used as a fiscal policy tool, assesses their economic effects, appraises international empirical evidence on government subsidies, and offers options for their reform. Recent international trends in government subsidy expenditure are analyzed for the 16-year period from 1975 to 1990, using general government subsidy data for 60 countries from the System of National Accounts (SNA) and central government expenditure on subsidies and other current transfers for 68 countries from Government Finance Statistics (GFS). The paper reviews major policy options for subsidy reform, focusing on ways to improve the cost-effectiveness of subsidy programs.

Book Improving Food Safety Through a One Health Approach

Download or read book Improving Food Safety Through a One Health Approach written by Institute of Medicine and published by National Academies Press. This book was released on 2012-09-10 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization of the food supply has created conditions favorable for the emergence, reemergence, and spread of food-borne pathogens-compounding the challenge of anticipating, detecting, and effectively responding to food-borne threats to health. In the United States, food-borne agents affect 1 out of 6 individuals and cause approximately 48 million illnesses, 128,000 hospitalizations, and 3,000 deaths each year. This figure likely represents just the tip of the iceberg, because it fails to account for the broad array of food-borne illnesses or for their wide-ranging repercussions for consumers, government, and the food industry-both domestically and internationally. A One Health approach to food safety may hold the promise of harnessing and integrating the expertise and resources from across the spectrum of multiple health domains including the human and veterinary medical and plant pathology communities with those of the wildlife and aquatic health and ecology communities. The IOM's Forum on Microbial Threats hosted a public workshop on December 13 and 14, 2011 that examined issues critical to the protection of the nation's food supply. The workshop explored existing knowledge and unanswered questions on the nature and extent of food-borne threats to health. Participants discussed the globalization of the U.S. food supply and the burden of illness associated with foodborne threats to health; considered the spectrum of food-borne threats as well as illustrative case studies; reviewed existing research, policies, and practices to prevent and mitigate foodborne threats; and, identified opportunities to reduce future threats to the nation's food supply through the use of a "One Health" approach to food safety. Improving Food Safety Through a One Health Approach: Workshop Summary covers the events of the workshop and explains the recommendations for future related workshops.

Book Impact of National Grain Policies on World Grain Supplies and Price

Download or read book Impact of National Grain Policies on World Grain Supplies and Price written by Food and Agriculture Organization of the United Nations. Commodities and Trade Division and published by Food & Agriculture Org.. This book was released on 1985 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aan de hand van situaties in de praktijk wordt de invloed van het graanbeleid op nationaal niveau op de internationale marktstabiliteit en graanhandel voor de korte termijn besproken. Tenslotte worden deze korte termijnfluctuaties die van invloed zijn op het marktmechanisme in een formule aan elkaar gerelateerd

Book Eating Tomorrow

Download or read book Eating Tomorrow written by Timothy A. Wise and published by The New Press. This book was released on 2019-02-05 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A powerful polemic against agricultural technology." —Nature A major new book that shows the world already has the tools to feed itself, without expanding industrial agriculture or adopting genetically modified seeds, from the Small Planet Institute expert Few challenges are more daunting than feeding a global population projected to reach 9.7 billion in 2050—at a time when climate change is making it increasingly difficult to successfully grow crops. In response, corporate and philanthropic leaders have called for major investments in industrial agriculture, including genetically modified seed technologies. Reporting from Africa, Mexico, India, and the United States, Timothy A. Wise's Eating Tomorrow discovers how in country after country agribusiness and its well-heeled philanthropic promoters have hijacked food policies to feed corporate interests. Most of the world, Wise reveals, is fed by hundreds of millions of small-scale farmers, people with few resources and simple tools but a keen understanding of what and how to grow food. These same farmers—who already grow more than 70 percent of the food eaten in developing countries—can show the way forward as the world warms and population increases. Wise takes readers to remote villages to see how farmers are rebuilding soils with ecologically sound practices and nourishing a diversity of native crops without chemicals or imported seeds. They are growing more and healthier food; in the process, they are not just victims in the climate drama but protagonists who have much to teach us all.