Global uncertainty and the volatility of agricultural commodities prices:
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Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Amstersam IOS Press ©2012
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Beschreibung:Includes indexes
The recent global financial crisis exposed the serious limitations of existing economic and financial models. Not only did macro models fail to predict the crisis, they seemed incapable of explaining what was happening to the economy. Policymakers felt abandoned by the conventional tools of the now obsolete Washington consensus and the World Trade Organization's oversimplified faith in free markets. The traditional models for agricultural commodities have so far failed to take into account the uncertain character of the global agricultural economy and its ferocious consequences in food price vo
Title Page; Preface; Acknowledgments; Contents; Introduction -- World Uncertainty: The Modeling Gap in Commodities Markets; Expectation and Prediction Issues; Dynamic Modelling of Agricultural Policies: The Role of Expectation Schemes; Predicting Agri-Commodity Prices: An Asset Pricing Approach; Policy Issues; Development Based on Commodity Revenues; Coping with Rising Food Prices: Policy Dilemmas in the Developing World; Price Stabilization for Staple Foods: Costs and Benefits, Implications for Modeling, and Using Trade Policy as a Safety Net
Beschreibung:1 Online-Ressource
ISBN:9781614990376
1614990379

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