Food price inflation in East and Southeast Asia: Situation, driving forces, and the outlook
Food price inflation has raised concerns about food insecurity and systemic crises in East and Southeast Asia, given the region’s population size, economic significance, and role in the international food market. COVID-19 repercussions, extreme climate- and weather-induced events, anthropogenic stre...
| Autores principales: | , |
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| Formato: | Journal Article |
| Lenguaje: | Inglés |
| Publicado: |
AKI Agrarkozgazdasagi Intezet Nonprofit Kft
2023
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| Acceso en línea: | https://hdl.handle.net/10568/138816 |
| _version_ | 1855526754957918208 |
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| author | Zhou, Yunyi Chen, Kevin Z. |
| author_browse | Chen, Kevin Z. Zhou, Yunyi |
| author_facet | Zhou, Yunyi Chen, Kevin Z. |
| author_sort | Zhou, Yunyi |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Food price inflation has raised concerns about food insecurity and systemic crises in East and Southeast Asia, given the region’s population size, economic significance, and role in the international food market. COVID-19 repercussions, extreme climate- and weather-induced events, anthropogenic stressors such as global economic softness and the Russia-Ukraine war, and many other uncertainties enlarged the supply-demand imbalance of food. Those factors are not likely to ease in the short term and in the meantime, potentially new food crises are simmering in East and Southeast Asia. Meanwhile, China’s reopening and deepened intraregional integration have allowed the region’s food price situation to be less grim than elsewhere. This article conducts a political-economic analysis in order to identify the major forces driving recent food price inflation in the region as well as to explore what proactive measures can build greater food system resilience during the post-COVID-19 recovery. This article recommends that ountries refrain from imposing further export restrictions (whatever their form), and instead deepen dialogues and cooperation in order to facilitate food system resilience against the looming risks, such as El Niño. |
| format | Journal Article |
| id | CGSpace138816 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2023 |
| publishDateRange | 2023 |
| publishDateSort | 2023 |
| publisher | AKI Agrarkozgazdasagi Intezet Nonprofit Kft |
| publisherStr | AKI Agrarkozgazdasagi Intezet Nonprofit Kft |
| record_format | dspace |
| spelling | CGSpace1388162024-11-07T09:25:53Z Food price inflation in East and Southeast Asia: Situation, driving forces, and the outlook Zhou, Yunyi Chen, Kevin Z. food prices food systems inflation political aspects Food price inflation has raised concerns about food insecurity and systemic crises in East and Southeast Asia, given the region’s population size, economic significance, and role in the international food market. COVID-19 repercussions, extreme climate- and weather-induced events, anthropogenic stressors such as global economic softness and the Russia-Ukraine war, and many other uncertainties enlarged the supply-demand imbalance of food. Those factors are not likely to ease in the short term and in the meantime, potentially new food crises are simmering in East and Southeast Asia. Meanwhile, China’s reopening and deepened intraregional integration have allowed the region’s food price situation to be less grim than elsewhere. This article conducts a political-economic analysis in order to identify the major forces driving recent food price inflation in the region as well as to explore what proactive measures can build greater food system resilience during the post-COVID-19 recovery. This article recommends that ountries refrain from imposing further export restrictions (whatever their form), and instead deepen dialogues and cooperation in order to facilitate food system resilience against the looming risks, such as El Niño. 2023-12-01 2024-02-01T17:44:48Z 2024-02-01T17:44:48Z Journal Article https://hdl.handle.net/10568/138816 en Open Access AKI Agrarkozgazdasagi Intezet Nonprofit Kft Zhou, Yunyi; Chen, Kevin Z. 2023. Food price inflation in East and Southeast Asia: Situation, driving forces, and the outlook. Studies in Agricultural Economics 125(2): 77-86. https://doi.org/10.7896/j.2556 |
| spellingShingle | food prices food systems inflation political aspects Zhou, Yunyi Chen, Kevin Z. Food price inflation in East and Southeast Asia: Situation, driving forces, and the outlook |
| title | Food price inflation in East and Southeast Asia: Situation, driving forces, and the outlook |
| title_full | Food price inflation in East and Southeast Asia: Situation, driving forces, and the outlook |
| title_fullStr | Food price inflation in East and Southeast Asia: Situation, driving forces, and the outlook |
| title_full_unstemmed | Food price inflation in East and Southeast Asia: Situation, driving forces, and the outlook |
| title_short | Food price inflation in East and Southeast Asia: Situation, driving forces, and the outlook |
| title_sort | food price inflation in east and southeast asia situation driving forces and the outlook |
| topic | food prices food systems inflation political aspects |
| url | https://hdl.handle.net/10568/138816 |
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