Global commodity market disruption and the fallout

Sammanfattning

The war in the breadbasket of Europe, which spawned at the heels of the once-in-a-lifetime pandemic, sent major cereal prices spiralling upward. The unprecedented sequence of events leading to and including the war has tested the resilience of global commodity markets and the craftsmanship of policymakers. While the circumstances may differ, the disruption of global commodity markets is not exactly uncharted territory, with many examples and experiences from near and distant history. By showcasing anecdotal and empirical evidence from the past, this study puts the current crisis and its consequences in perspective and offers an outlook with a specific focus on low- and middle-income countries.

Nyckelord

cereal prices; commodity markets; food crisis; market disruption; trade restrictions

Publicerad i

Australian Journal of Agricultural and Resource Economics
2022, volym: 66, nummer: 4, sidor: 737-752
Utgivare: WILEY

SLU författare

• Ferguson, Shon

  • Institutionen för ekonomi, Sveriges lantbruksuniversitet
    
  • Institutet för Näringslivsforskning

Globala målen (SDG)

SDG1 Ingen fattigdom
SDG17 Genomförande och globalt partnerskap

UKÄ forskningsämne

Nationalekonomi

Publikationens identifierare

• DOI: https://doi.org/10.1111/1467-8489.12497

Permanent länk till denna sida (URI)

https://res.slu.se/id/publ/119696