The impact of price insulation on world wheat markets during Covid-19 and the Ukraine crisis

The impact of price insulation on world wheat markets during Covid-19 and the Ukraine crisis

Author: Martin, Will

Publisher: Intl Food Policy Res Inst

Published: 2023-03-24

Total Pages: 48

ISBN-13:

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This paper begins with a survey of recent commodity price developments that highlights the magnitude of this price surge and identifies the rapid rise in wheat prices as a key element. The analysis in this paper focuses on the extent to which domestic markets are insulated from these changes and on the resulting impacts on world prices. An econometric analysis using Error Correction Models finds stable long-term relationships between world wheat prices and most domestic prices of wheat and wheat products, but with considerable variation across countries in the rate of price transmission. A case study of the price shocks during the Covid pandemic and the Ukraine food price crisis finds that price insulation roughly doubled the overall increase in world wheat prices and raised their volatility both during periods of price increase and price decline.


Implications of the COVID-19 Pandemic and the Russia-Ukraine Crisis on the Agricultural Sector

Implications of the COVID-19 Pandemic and the Russia-Ukraine Crisis on the Agricultural Sector

Author: Martinho, Vítor João Pereira Domingues

Publisher: IGI Global

Published: 2023-04-24

Total Pages: 526

ISBN-13: 1668489252

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The agricultural sector has undergone significant changes in response to both the COVID-19 pandemic and the Russia-Ukraine turmoil. These changes have significantly affected markets and distribution chains due to lockdowns and rising energy prices within the global food production economy. Some of these issues stemmed from a lack of available labor due to pandemic shutdowns, a lowered demand for certain commodities, and the Ukraine regional crisis has led to a 25% decrease in agricultural production and output. A thorough evaluation of the real impacts of these events is necessary to identify the main factors and provide concepts for future adjustments that may create a more resilient agriculture industry. Implications of the COVID-19 Pandemic and the Russia-Ukraine Crisis on the Agricultural Sector offers a novel and valuable contribution to the scientific community by examining the true effects of compounded crises on the global agricultural sector. The author, Vítor João Pereira Domingues Martinho, draws on over 20 years of experience in agriculture and economics, with expertise in areas such as agricultural policy, European Union food markets, and more. This book is an ideal resource for students, professors, researchers, farmers, and policymakers from national and international organizations. Its methodologies and insights provide crucial information for stakeholders seeking to understand the implications of these crises on the agricultural sector.


Global food policy report 2023: Rethinking food crisis responses

Global food policy report 2023: Rethinking food crisis responses

Author: International Food Policy Research Institute (IFPRI)

Publisher: Intl Food Policy Res Inst

Published: 2023-04-13

Total Pages: 140

ISBN-13:

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This decade has been marked by multiple, often overlapping, crises. The COVID-19 pandemic, natural disasters, and the ongoing war in Ukraine have all threatened the fabric of our global food systems. But opportunities can be found amid crises, and the world’s food systems have demonstrated surprising resilience. With new evidence on what works, now is the time to rethink how we address food crises. Better prediction, preparation, and resilience building can make future crises less common and less devastating, and improved responses can contribute to greater food security, better nutrition, and sustainable livelihoods.


ITJEMAST 13(5) 2022

ITJEMAST 13(5) 2022

Author: TuEngr.com

Publisher: International Transaction Journal of Engineering, Management, & Applied Sciences & Technologies

Published:

Total Pages: 245

ISBN-13:

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Articles in ITJEMAST 13(5)


Global Economic Prospects, June 2021

Global Economic Prospects, June 2021

Author: World Bank

Publisher: World Bank Publications

Published: 2021-08-03

Total Pages: 339

ISBN-13: 1464816662

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The world economy is experiencing a very strong but uneven recovery, with many emerging market and developing economies facing obstacles to vaccination. The global outlook remains uncertain, with major risks around the path of the pandemic and the possibility of financial stress amid large debt loads. Policy makers face a difficult balancing act as they seek to nurture the recovery while safeguarding price stability and fiscal sustainability. A comprehensive set of policies will be required to promote a strong recovery that mitigates inequality and enhances environmental sustainability, ultimately putting economies on a path of green, resilient, and inclusive development. Prominent among the necessary policies are efforts to lower trade costs so that trade can once again become a robust engine of growth. This year marks the 30th anniversary of the Global Economic Prospects. The Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). Each edition includes analytical pieces on topical policy challenges faced by these economies.


Making Better Policies for Food Systems

Making Better Policies for Food Systems

Author: OECD

Publisher: OECD Publishing

Published: 2021-01-11

Total Pages: 282

ISBN-13: 9264967834

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Food systems around the world face a triple challenge: providing food security and nutrition for a growing global population; supporting livelihoods for those working along the food supply chain; and contributing to environmental sustainability. Better policies hold tremendous promise for making progress in these domains.


The Collapse of Global Trade, Murky Protectionism, and the Crisis

The Collapse of Global Trade, Murky Protectionism, and the Crisis

Author: Richard E. Baldwin

Publisher:

Published: 2011-03

Total Pages: 112

ISBN-13: 9781907142239

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The global financial crisis of 2008/9 is the Great Depression of the 21st century. For many though, the similarities stop at the Wall Street Crash as the current generation of policymakers have acted quickly to avoid the mistakes of the past. Yet the global crisis has made room for mistakes all of its own. While governments have apparently kept to their word on refraining from protectionist measures in the style of 1930s tariffs, there has been a disturbing rise in "murky protectionism." Seemingly benign, these crisis-linked policies are twisted to favour domestic firms, workers and investors. This book, first published as an eBook on VoxEU.org in March 2009, brings together leading trade policy practitioners and experts - including Australian Trade Minister Simon Crean and former Mexican President Ernesto Zedillo. Initially its aim was to advise policymakers heading in to the G20 meeting in London, but since the threat of murky protectionism persists, so too do their warnings.


Global Trends 2030

Global Trends 2030

Author: National Intelligence Council

Publisher: Cosimo Reports

Published: 2018-02-07

Total Pages: 0

ISBN-13: 9781646797721

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This important report, Global Trends 2030-Alternative Worlds, released in 2012 by the U.S. National Intelligence Council, describes megatrends and potential game changers for the next decades. Among the megatrends, it analyzes: - increased individual empowerment - the diffusion of power among states and the ascent of a networked multi-polar world - a world's population growing to 8.3 billion people, of which sixty percent will live in urbanized areas, and surging cross-border migration - expanding demand for food, water, and energy It furthermore describes potential game changers, including: - a global economy that could thrive or collapse - increased global insecurity due to regional instability in the Middle East and South Asia - new technologies that could solve the problems caused by the megatrends - the possibility, but by no means the certainty, that the U.S. with new partners will reinvent the international system Students of trends, forward-looking entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades will find this essential reading.


International Trade, Security and Transnational Terrorism

International Trade, Security and Transnational Terrorism

Author: Daniel Mirza

Publisher: World Bank Publications

Published: 2007

Total Pages: 29

ISBN-13:

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Abstract: The authors offer a general analytical framework illustrating the complex two-way interactions between trade and transnational terrorism. Then they survey the recent economic literature in light of this framework by pointing to the importance in empirical studies of (1) controlling appropriately for theses interactions, (2) distinguishing between "source" countries and "target" countries of terrorism, and (3) taking into account the intertemporal persistence of terrorism between specific pairs of countries.


Bioeconomy

Bioeconomy

Author: Iris Lewandowski

Publisher: Springer

Published: 2017-12-11

Total Pages: 358

ISBN-13: 3319681524

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This book is open access under a CC BY 4.0 license. This book defines the new field of "Bioeconomy" as the sustainable and innovative use of biomass and biological knowledge to provide food, feed, industrial products, bioenergy and ecological services. The chapters highlight the importance of bioeconomy-related concepts in public, scientific, and political discourse. Using an interdisciplinary approach, the authors outline the dimensions of the bioeconomy as a means of achieving sustainability. The authors are ideally situated to elaborate on the diverse aspects of the bioeconomy. They have acquired in-depth experience of interdisciplinary research through the university’s focus on “Bioeconomy”, its contribution to the Bioeconomy Research Program of the federal state of Baden-Württemberg, and its participation in the German Bioeconomy Council. With the number of bioeconomy-related projects at European universities rising, this book will provide graduate students and researchers with background information on the bioeconomy. It will familiarize scientific readers with bioeconomy-related terms and give scientific background for economists, agronomists and natural scientists alike.