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A Forensic Analysis of the Food Commodity Price Boom of 2008

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The Economics of Biofuel Policies

Abstract

This chapter will contribute to the understanding of how this price spiral happened, which has quickly become one of the most analyzed period of food commodity price movements in history. As Timmer and Dawe (2010, 8) state:

No lessons from the food crisis are of much relevance without understanding how this price spiral happened.

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© 2015 Harry de Gorter, Dusan Drabik, and David R. Just

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de Gorter, H., Drabik, D., Just, D.R. (2015). A Forensic Analysis of the Food Commodity Price Boom of 2008. In: The Economics of Biofuel Policies. Palgrave Studies in Agricultural Economics and Food Policy. Palgrave Macmillan, New York. https://doi.org/10.1057/9781137414854_5

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