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ID136201
Title ProperFood insecurity
Other Title Informationthe basic threat in an overburdened region
LanguageENG
AuthorKandeel, Amal A
Summary / Abstract (Note)Since the 1980s, after two decades of low and stable international food prices, the world's agricultural commodities markets began to experience the effects of a number of structural factors that had been silently increasing the prices of basic food commodities. By the second half of 2008, when the world's economy was hit by an unanticipated financial meltdown, the global food-price crisis had already set in. The latter's impacts and long-term effects were much more universal and pervasive than those of the former. Despite how interconnected many parts of the world's financial markets were, many countries were neither directly nor deeply, if at all, involved in the highly complex financial practices and products adopted by the giant U.S. and European institutions whose collapse triggered the markets’ crash. This was not the case for agricultural and food-commodity markets. All over the world people depended in one form or another on these markets, whether as consumers, producers, or both.
`In' analytical NoteMiddle East Policy Vol.21, No.4; Win.2014: p.84-91
Journal SourceMiddle East Policy Vol: 21 No 4
Standard NumberUnited States – US


 
 
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