The current spike in global food prices has deep roots in decades of trade distorting policies that have encouraged inefficient agricultural production in rich countries and discouraged efficient production in developing countries. High-income countries have historically protected their domestic producers and subsidized inefficient production most recently biofuels, and dumped surpluses onto global markets. In turn, developing countries have often...
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INFORMATION
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2008/06/01
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Fiche
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44898
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1
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1
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2010/07/01
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Disclosed
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Global food price crisis : trade policy origins
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Poverty Reduction & Economic Management
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