The World Food Economy

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Author: Douglas D. Southgate Jr.

ISBN-10: 1405105976

ISBN-13: 9781405105972

Category: Agricultural Economics

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The questions of population growth and food supply have long been of central concern to economists. The World Food Economy seeks to examine the lessons of the past for wealthy nations, where agricultural output has steadily risen for decades, as well as for developing nations where the advances of the “Green Revolution” in the 1960s have introduced new problems in addition to solutions. This book assesses the challenge of satisfying food demand during the twenty-first century as consumers and producers in every part of the world – rich and poor alike – feel the effects of expanded global commodity trade, food aid, and national legislation in response to globalization. The difficulties of developing agriculture in the developing world are discussed in the context of food subsidies in Europe and the US.

1Introduction12The demand side : how population growth and higher incomes affect food consumption103The supply side : agricultural production and its determinants414Aligning the consumption and production of food over time745Agriculture and the environment986Globalization and agriculture1247Agriculture and economic development1478Striving for food security1669A synopsis of regional trends in the global food economy18710Affluent nations20611Asia22812Latin America and the Caribbean25013The Middle East and North Africa27314Eastern Europe and the former Soviet Union29515Sub-Saharan Africa32116The global food economy in the twenty-first century357