Abstract
Trade is a key feature of the FEW Nexus. Typically, the practical goals of the Nexus are straightforward - decrease demands for FEW commodities, increase supplies, increase storage buffers, increase transportation and trade capacity and connectivity, and do so in the presence of climate change, population growth, growing wealth and consumption, and dietary changes. Trade is a powerful tool in achieving practical goals in FEW systems.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Allan, J. A. (2003). Virtual water-the water, food, and trade nexus. Useful concept or misleading metaphor? Water International, 28(1), 106–113.
Bailey, R., & Wellesley, L. (2017). Chokepoints and vulnerabilities in global food trade. Chatham House. Retrieved February 20, 2019, from https://reader.chathamhouse.org/chokepoints-vulnerabilities-global-food-trade#
Baldwin, R. (2016). The great convergence. Cambridge: Harvard University Press.
Benton, T. (n.d.). Food security, trade and its impacts, ResourceTrade.Earth, Chatham House. Retrieved February 20, 2019, from https://resourcetrade.earth/stories/food-security-trade-and-its-impacts#top
BP (2018) BP Statistical Review of World Energy, 67th Edition, British Petroleum Co, London. https://www.bp.com/content/dam/bp/business-sites/en/global/corporate/pdfs/energy-economics/statistical-review/bp-stats-review-2018-full-report.pdf
Bruckner, M., et al. (2012). Materials embodied in international trade–Global material extraction and consumption between 1995 and 2005. Global Environmental Change, 22(3), 568–576.
Cazcarro, I., Duarte, R., & Sanchez-Choliz, J. (2013). Water footprints for Spanish regions based on a multi-regional input-output (MRIO) model. In J. Murray & M. Lenzen (Eds.), The sustainability practitioner’s guide to multi-regional input-output analysis (pp. 119–132). Champaign, IL: Common Ground.
Chapagain, A.K. and Hoekstra, A.Y. (2004) Water footprints of nations, Volume 1: Main Report, Value of Water Research Report Series No. 16 UNESCO-IHE Delft https://waterfootprint.org/media/downloads/Report16Vol1.pdf
D’Odorico, P., et al. (2014). Feeding humanity through global food trade. Earth’s Future, 2(9), 458–469.
Debaere, P. (2014). The global economics of water: is water a source of comparative advantage? American Economic Journal: Applied Economics, 6(2), 32–48.
Dietzenbacher, E., & Velazquez, E. (2007). Analysing Andalusian virtual water trade in an input-output framework. Regional Studies, 41, 185–196.
EIA. (n.d.). The changing U.S. energy trade balance is still dominated by crude oil imports. Retrieved February 20, 2019, from https://www.eia.gov/todayinenergy/detail.php?id=37253
Feng, K., Chapagain, A., Suh, S., Pfister, S., & Hubacek, K. (2011). Comparison of bottom-up and top-down approaches to calculating the water footprints of nations. Economic Systems Research, 23, 371–385.
Feng, K., Hubacek, K., Pfister, S., Yu, Y., & Sun, L. (2014). Virtual scarce water in China. Environmental Science & Technology, 48, 7704–7713.
FAO (2018) The State of Agricultural Commodity Markets 2018. Agricultural trade, climate change and food security. Food and Agriculture Organization of the United Nations Rome. http://www.fao.org/3/I9542EN/i9542en.pdf
Hathaway, D. (1997). Agriculture and the GATT: Rewriting the rules. Washington, DC: Institute for International Economics, Policy Analysis in International Economic.
Huang, R. D., Masulis, R. W., & Stoll, H. R. (1996). Energy shocks and financial markets. Journal of Futures Markets: Futures, Options, and Other Derivative Products, 16(1), 1–27.
IEA. (2018). World energy balances 2018. International Energy Agency, 978-92-64-30155-9.
International Energy Charter. (n.d.). Retrieved February 20, 2019, from https://energycharter.org/process/overview/
Keynes, J. M. (2017). The economic consequences of the peace. New York: Routledge.
Kilian, L. (2008). The economic effects of energy price shocks. Journal of Economic Literature, 46(4), 871–909.
Konar, M., Dalin, C., Suweis, S., Hanasaki, N., Rinaldo, A., & Rodriguez‐Iturbe, I. (2011). Water for food: The global virtual water trade network. Water Resources Research, 47(5).
Lenzen, M., Moran, D., Bhaduri, A., Kanemoto, K., Bekchanov, M., Geschke, A., & Foran, B. (2013). International trade of scarce water. Ecological Economics, 94, 78–85.
Mann, C. C. (2011). 1493: Uncovering the new world Columbus created. New York: Vintage.
Muñoz-Castillo, R., Feng, K., Sun, L., Guilhoto, J., Pfister, S., Miralles-Wilhelm, F., & Hubacek, K. (2019). The land-water nexus of biofuel production in Brazil: Analysis of synergies and tradeoffs using a multiregional input-output model. Journal of Cleaner Production, 214, 52–61.
Robinson, S., et al. (2015). The international model for policy analysis of agricultural commodities and trade (IMPACT): Model description for version 3, IFPRI discussion paper 01483, International Food Policy Research Institute. Retrieved from http://www.ifpri.org/publication/international-model-policy-analysis-agricultural-commodities-and-trade-impact-model-0
Rosegrant, M. W., et al. (2012). The international model for policy analysis of agricultural commodities and trade (IMPACT) model description, International Food Policy Research Institute (IFPRI). Retrieved from http://www.ifpri.org/publication/international-model-policy-analysis-agricultural-commodities-and-trade-impact
Sassen, S. (1999). Globalization and its discontents: Essays on the new mobility of people and money. The New Press. ISBN-10: 1565845188
Scanlon, B. R., Ruddell, B. L., Reed, P. M., Hook, R. I., Zheng, C., Tidwell, V. C., & Siebert, S. (2017). The food‐energy‐water nexus: Transforming science for society. Water Resources Research, 53(5), 3550–3556.
Serrano, A., Guan, D., Duarte, R., & Paavola, J. (2016). Virtual water flows in the EU27: A consumption-based approach. Journal of Industrial Ecology, 20, 547–558.
Torreggiani, S., Mangioni, G., Puma, M. J., & Fagilo, G. (2018). Identifying the community structure of the international food-trade multi network. Environmental Research Letters, 13(5), 054026. https://doi.org/10.1088/1748-9326/aabf23.
U.S. Congress. (2008). Senate joint resolution 45, 110th Congress 2nd session. Retrieved March 11, 2019, from https://dnr.wi.gov/topic/GreatLakes/documents/Congress_Compact_Consent.pdf
UNEP. (2016). Transboundary waters systems—status and trends: Crosscutting analysis. Nairobi: United Nations Environmental Programme (UNEP).
US Congress. (1921). Colorado river compact, U.S. Congress, 42 statutes at large, p. 171. Retrieved March 11, 2019, from https://www.usbr.gov/lc/region/g1000/pdfiles/crcompct.pdf
Wolf, M. (2004). Why globalization works (No. 3). New Haven, CT: Yale University Press.
World Factbook. (2019). Country comparison: Natural gas exports. U.S. Central Intelligence Agency. Retrieved March 8, 2019, from https://www.cia.gov/library/publications/the-world-factbook/rankorder/2251rank.html
Further Reading
Allan, J. A. (2003). Virtual water-the water, food, and trade nexus. Useful concept or misleading metaphor? Water International, 28(1), 106–113.
Bailey, R., & Wellesley, L. (2017, June). Chokepoints and vulnerabilities in global food trade, Chatham House. Retrieved April 10, 2019, from https://www.chathamhouse.org/publication/chokepoints-vulnerabilities-global-food-trade
Bouet, A., & LaBorde, D. Building food security through international trade agreements, IFPRI. Retrieved February 20, 2019, from http://www.ifpri.org/blog/building-food-security-through-international-trade-agreements
D’Odorico, P., et al. (2014). Feeding humanity through global food trade. Earth’s Future, 2(9), 458–469.
Distefano, T., Laio, F., Ridolfi, L., & Schiavo, S. (2017). Shock transmission in the International Food Trade Network. A data-driven analysis. SEEDS working papers 0617. SEEDS, Sustainability Environmental Economics and Dynamics Studies.
Friedman, M., & Friedman, R. (1997). The case for free trade. Hoover Digest, 4.
Hamilton, J. D. (2003). What is an oil shock? Journal of Econometrics, 113(2), 363–398.
Headey, D. (2011). Rethinking the global food crisis: The role of trade shocks. Food Policy, 36(2), 136–146.
Keynes, J. M. (2017). The economic consequences of the peace. New York: Routledge.
LEVIN Institute. (n.d.). Globalization 101: Trade and globalization, SUNY LEVIN Institute. Retrieved February 20, 2019, from http://www.globalization101.org/
Ortiz-Ospina, E., Beltekian, D., & Roser, M. Trade and globalization, our world in data. Retrieved February 20, 2019, from https://ourworldindata.org/trade-and-globalization
Sassen, S. (1999). Globalization and its discontents: Essays on the new mobility of people and money.
UN Water. (n.d.). Transboundary waters. Retrieved February 20, 2019, from http://www.unwater.org/water-facts/transboundary-waters/
Worstall, T. (2014). The benefits of international trade in food; or the limits to localism, Forbes, August 14. Retrieved April 12, 2019, from https://www.forbes.com/sites/timworstall/2014/08/14/the-benefits-of-international-trade-in-food-or-the-limits-to-localism/#6fd1fef31691
Yergin, D. (2006). Ensuring energy security. Foreign Affairs, 85, 69–82.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2020 Springer Nature Switzerland AG
About this chapter
Cite this chapter
Saundry, P., Ruddell, B.L. (2020). Trade. In: Saundry, P., Ruddell, B. (eds) The Food-Energy-Water Nexus. AESS Interdisciplinary Environmental Studies and Sciences Series. Springer, Cham. https://doi.org/10.1007/978-3-030-29914-9_7
Download citation
DOI: https://doi.org/10.1007/978-3-030-29914-9_7
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-29913-2
Online ISBN: 978-3-030-29914-9
eBook Packages: Earth and Environmental ScienceEarth and Environmental Science (R0)