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Food price instability in developing countries. The need for public intervention to stabilise prices
[Instabilité des prix alimentaires dans les pays en développement. La nécessaire intervention publique pour stabiliser les prix]

Author

Listed:
  • Franck Galtier

    (UMR MOISA - Marchés, Organisations, Institutions et Stratégies d'Acteurs - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - INRA - Institut National de la Recherche Agronomique - Montpellier SupAgro - Centre international d'études supérieures en sciences agronomiques - CIHEAM-IAMM - Centre International de Hautes Etudes Agronomiques Méditerranéennes - Institut Agronomique Méditerranéen de Montpellier - CIHEAM - Centre International de Hautes Études Agronomiques Méditerranéennes - Montpellier SupAgro - Institut national d’études supérieures agronomiques de Montpellier)

Abstract

The food crises which affected the Sahel in 2005 and the international markets in 2008 have placed the issue of food price instability at the very forefront of discussion. The urban riots which broke out in about forty developing countries as a result of the sharp price increases of 2008 emphasised the fact that this instability can have serious consequences for food security both in the short term - consumer access to food - and in the long term - incentive to producers to invest and increase production. Numerous experts predict that this instability will be long-lasting, both on the international markets and in developing countries. What, then, should be done?

Suggested Citation

  • Franck Galtier, 2009. "Food price instability in developing countries. The need for public intervention to stabilise prices [Instabilité des prix alimentaires dans les pays en développement. La nécessaire intervention pu," Post-Print hal-00723405, HAL.
    • Handle: RePEc:hal:journl:hal-00723405
    DOI: 10.18167/agritrop/00010
    Note: View the original document on HAL open archive server: https://hal.science/hal-00723405v2
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