Table of Contents

Handbook on Food

Handbook on Food

Demand, Supply, Sustainability and Security

Elgar original reference

Edited by Raghbendra Jha, Raghav Gaiha and Anil B. Deolalikar

The global population is forecasted to reach 9.4 billion by 2050, with much of this increase concentrated in developing regions and cities. Ensuring adequate food and nourishment to this large population is a pressing economic, moral and even security challenge and requires research (and action) from a multi-disciplinary perspective. This book provides the first such integrated approach to tackling this problem by addressing the multiplicity of challenges posed by rising global population, diet diversification and urbanization in developing countries and climate change.

Chapter 5: Transmission of global food prices, supply response and impacts on the poor

David Dawe

Subjects: development studies, agricultural economics, development studies, economics and finance, agricultural economics, environment, agricultural economics, environmental sociology


There has been substantial discussion of what happened (and why) on world food markets between 2006 and 2008, and more recently, in 2010 and 2011 (Piesse and Thirtle, 2009; Gilbert, 2010; Headey and Fan, 2010; Timmer, 2010; Headey, 2011; OECD-FAO, 2011; Wright and Cafiero, 2011, to cite just a few). This chapter will not discuss those important issues, but will focus instead on two main 'downstream' topics. First, and primarily, the degree to which world price movements were transmitted to domestic farm and retail prices (and why), because neither farmers nor consumers interact directly with world markets. Second, a review of how food prices affect poverty in different types of countries.

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