The Future of the World Food Markets

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​According to Oxfam, the livelihood of more than 900 million people is in jeopardy as a direct result of growing instability of food prices. The project looks into causes of this instability and into solutions being proposed.

  • €23,000 Budget in Euros
  • 2014 Final release date
  • Round winner
  • 4 Locations
  • 8 Durations in months

According to Oxfam, the livelihood of more than 900 million people is in jeopardy as a direct result of growing instability of food prices. The project looks into possible causes of this instability and into solutions being proposed by the various actors.

The investigation explores the share of responsibility of the financial markets and looks into the major players dominating the commodities food markets, focusing on the question if a growing "financialisation" constitutes the most important factor behind prices hikes. Against the background of decelerating economic growth in emerging countries and the prospect of the end of the booming "super cycle" of commodities, it looks into the debate on improving these markets.

Eventually, it explores alternative solutions that are being developed, particularly projects aimed at improving food storage systems, such as an emergency facility that is planned in cooperation with Ecowas and the World Food Program (WFP) in West Africa.

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