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  • Book
  • Open Access
  • © 2016

Food Price Volatility and Its Implications for Food Security and Policy

  • Develops tools and concepts for analyzing excessive food price volatility in related contexts

  • Presents recently established time-series models as well as nonparametric approaches to link international price volatility with domestic consumer welfare

  • Provides instruments for policy analysts and decision makers in the public and private sectors for reducing excessive food price volatility

  • Includes supplementary material:

Buying options

Softcover Book USD 59.99
Price excludes VAT (USA)
Hardcover Book USD 59.99
Price excludes VAT (USA)

Table of contents (23 chapters)

  1. Front Matter

    Pages i-xi
  2. Introduction

    1. Front Matter

      Pages 1-1
    2. Volatile and Extreme Food Prices, Food Security, and Policy: An Overview

      • Matthias Kalkuhl, Joachim von Braun, Maximo Torero
      Pages 3-31Open Access
  3. Food Price Volatility at International Food Commodity Markets

    1. Front Matter

      Pages 33-33
    2. Drivers and Triggers of International Food Price Spikes and Volatility

      • Getaw Tadasse, Bernadina Algieri, Matthias Kalkuhl, Joachim von Braun
      Pages 59-82Open Access
    3. The Effects of Southern Hemisphere Crop Production on Trade, Stocks, and Price Integration

      • Joseph W. Glauber, Mario J. Miranda
      Pages 83-100Open Access
  4. National and Regional Responses to Food Price Volatility

    1. Front Matter

      Pages 329-329
    2. India’s Food Security Policies in the Wake of Global Food Price Volatility

      • Shweta Saini, Ashok Gulati
      Pages 331-352Open Access
    3. The Costs and Benefits of Regional Cooperation on Grain Reserves: The Case of ECOWAS

      • Lukas Kornher, Matthias Kalkuhl
      Pages 353-384Open Access

About this book

This book provides fresh insights into concepts, methods and new research findings on the causes of excessive food price volatility. It also discusses the implications for food security and policy responses to mitigate excessive volatility. The approaches applied by the contributors range from on-the-ground surveys, to panel econometrics and innovative high-frequency time series analysis as well as computational economics methods. It offers policy analysts and decision-makers guidance on dealing with extreme volatility.


  • Agricultural Economics
  • Development Economics
  • Financial Markets
  • Food Price Spikes
  • Food Price Volatility
  • Food Security
  • International Food Markets
  • Time Series Analysis

Editors and Affiliations

  • Center for Development Research, University of Bonn, Bonn, Germany

    Matthias Kalkuhl, Joachim von Braun

  • IFPRI, Washington, USA

    Maximo Torero

About the editors

Matthias Kalkuhl is Professor on Climate Change, Development and Economic Growth at the University of Potsdam, Germany, and Head of the Working Group Economic Growth and Human Development, MCC Berlin, Germany

Joachim von Braun is Professor for Economic and Technological Change at the University of Bonn and Director of the Center for Development Research (ZEF)

Maximo Torero, Dr., is Division Director of the Markets, Trade, and Institutions Division at the International Food Policy Research Institute, IFPRI for Latin America, leader of the Global Research Program on Institutions and Infrastructure for Markets Development, and co-leader of the Global Research Program on Urban and Rural Linkages

Bibliographic Information

  • Book Title: Food Price Volatility and Its Implications for Food Security and Policy

  • Editors: Matthias Kalkuhl, Joachim von Braun, Maximo Torero

  • DOI:

  • Publisher: Springer Cham

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and the Author(s) 2016

  • License: CC BY-NC

  • Hardcover ISBN: 978-3-319-28199-5Published: 21 April 2016

  • Softcover ISBN: 978-3-319-80295-4Published: 22 April 2018

  • eBook ISBN: 978-3-319-28201-5Published: 12 April 2016

  • Edition Number: 1

  • Number of Pages: XI, 626

  • Number of Illustrations: 78 b/w illustrations, 56 illustrations in colour

  • Topics: Agricultural Economics

Buying options

Softcover Book USD 59.99
Price excludes VAT (USA)
Hardcover Book USD 59.99
Price excludes VAT (USA)