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Grain Financialization and Food Security: A Chinese Perspective

Author

Listed:
  • Sit Tsui
  • Lau Kin Chi
  • Qiu Jiansheng
  • Yan Xiaohui
  • Ji Han
  • Wen Tiejun

Abstract

The globalization led by financial capital has already resulted in ‘grain financialization’ (or grain dollarization), which is the most important factor giving rise to the grave situation in global food security, as well as turmoil in developing countries that rely heavily on grain imports. * This article analyzes food security issues in the twenty-first century in the context of international financial globalization. In particular, it pays attention to developing countries’ discontents and crises due to grain financialization, as well as China’s strategies in dealing with the dual risks existing in grain and financial markets.

Suggested Citation

  • Sit Tsui & Lau Kin Chi & Qiu Jiansheng & Yan Xiaohui & Ji Han & Wen Tiejun, 2017. "Grain Financialization and Food Security: A Chinese Perspective," Agrarian South: Journal of Political Economy, Centre for Agrarian Research and Education for South, vol. 6(3), pages 306-333, December.
    • Handle: RePEc:sae:agspub:v:6:y:2017:i:3:p:306-333
    DOI: 10.1177/2277976017745213
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    References listed on IDEAS

    as
    1. World Bank, 2012. "Responding to Higher and More Volatile World Food Prices," World Bank Publications - Reports 12950, The World Bank Group.
    2. Alexandra Dwyer & George Gardner & Thomas Williams, 2011. "Global Commodity Markets - Price Volatility and Financialisation," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 49-58, June.
    3. Lehecka, Georg V., 2013. "Have food and financial markets integrated? An empirical assessment on aggregate data," 53rd Annual Conference, Berlin, Germany, September 25-27, 2013 156108, German Association of Agricultural Economists (GEWISOLA).
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