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Food Price Volatility, Food Security and Trade Policy Conference
September 18-19, 2014World Bank Headquarters, Washington, D.C.
This conference will focus on trade-offs faced by policy makers trying increase food security for their populations. The challenge is to identify policies or combinations of policies that can ensure both the livelihood security and the food security of vulnerable people.

Food price volatility raises serious concerns in developing countries, given the large share of income spent on food by the poor, and the importance of agriculture as a source of income for many poor people. It can result in sharp declines in the incomes of poor people, potentially throwing them into poverty, and pose serious threats to their food security. The challenge for policy is to identify policies or combinations of policies that can ensure both the livelihood security and the food security of vulnerable people. Meeting this challenge is made much more difficult by collective-action problems. While individual countries may insulate themselves from a food price surge using measures such as export bans, these exacerbate the increase in the world price, creating particular difficulties for poor net-food-importing countries. Join the research department for a two-day conference at World Bank headquarters in Washington, DC, for a far-ranging discussion and debate on the trade-offs faced by policy makers trying increase food security for their populations. 

Conference Organizer

, Research Manager, Development Research Group, World Bank 

Inquiries

For any inquiries regarding the event, please contact Estella Malayaika emalayika@worldbank.org.


This project received substantial support from the Knowledge for Change Trust Fund (KCP project on Trade and Storage,TF010230).


Last Updated: Oct 02, 2014

THURSDAY, SEPTEMBER 18*

08.15am

Breakfast and Coffee

09.00am

Introduction, Kaushik Basu, Senior Vice President & Chief Economist (DECVP), World Bank (minute 1:30, )

NATURE AND IMPACTS OF FOOD PRICE VOLATILITY
Chair: Bob Thompson, Johns Hopkins University (former Director for Agriculture, World Bank)

09.20am

Causes and types of food price volatility
Speaker: Brian Wright, UC Berkeley (Presentation) (minute 22, )
Discussant: Maximo Torero, International Food Policy Research Institute (minute 42, )

10.00am

Implications of food price changes for the poor
Speakers: Maros Ivanic & Will Martin, Development Research Group, World Bank (Presentation) (minute 58, )
Discussant: Rob Townsend, World Bank (minute 79, )

10.40am

Morning Coffee

FIRST-BEST POLICY RESPONSES
Chair: Gopinath Munisamy, Director, Market and Trade Division, Economic Research Service, United States Department of Agriculture

11.00am

Social safety nets
Speakers: Ruslan Yemtsov and Ugo Gentilini, World Bank (Presentation) (minute 126, )
Discussant: Antoine Bouet, International Food Policy Research Institute (Presentation) (minute 148, )

11.40am

Producer insurance and risk management
Speaker: Vincent Smith, University of Montana (Presentation | Paper)  (minute 165, )
Discussant: Olivier Mahul, World Bank (minute 187, )


Lunch

TRADE AND STORAGE POLICY RESPONSES
Chair: Aaditya Mattoo, Research Manager, Trade and International Integration, Development Research Group, World Bank

02.00pm

Optimal trade and storage policies
Speaker: Christophe Gouel, French National Institute for Agricultural Research (Presentation) (minute 300, )
Discussant: Donald F. Larson, Agricultural and Rural Development, Development Research Group, World Bank (Presentation) (minute 320, )

02.40pm

Trade policy & price insulation
Speaker: Will Martin, Agricultural and Rural Development, Development Research Group, World Bank (Presentation) (minute 339, )
Discussant: Peter Timmer, Harvard University and Center for Global Change (minute 361, )

03.20pm

Afternoon tea

TRADE AND STORAGE POLICY CASE STUDIES
Chair: Uma Lele, Independent Scholar (formerly Senior Advisor, World Bank)

03.50pm

India
Speaker: Madhur Gautam, World Bank (Presentation | Paper) (minute 405, )
Disussant: Ashok Gulati, Indian Council for Research on International Economic Relations (minute 428, )

04.30pm

China 
Speaker: Mario Miranda, Ohio State (Presentation | Paper) (minute 441, )
Discussant: Funing Zhong, Nanjing University (minute 465, )

05.10pm

Africa
Speaker: Thom Jayne, Michigan State University (Presentation) (minute 493, )
Discussant: Obie Porteous, UC Berkeley (Presentation) (minute 518, )

FRIDAY, SEPTEMBER 19

08.15am

 Breakfast and Coffee

TRADE AND STORAGE POLICY CASE STUDIES (continued)
Chair: Mark Cackler, Manager, Agriculture Global Practice 

09.00am

Indonesia country study
Speaker: Peter Timmer, Harvard University and Center for Global Change (Presentation) (minute 2, )
Discussant: Peter Warr, Australian National University (Presentation) (minute 26, )

09.40am

Low-income net food importers
Speaker: David Hallam, Food and Agricultural Organization (Presentation)  (minute 47, )
Discussant: Paulo Bastos, Development Research Group, World Bank (Presentation) (minute 72, )

10.20am

Morning Coffee

POLICY OPTIONS
Chair: Will Martin, Research Manager, Agricultural and Rural Development, World Bank

10.40am

Potential rules for managing collective action problems 
Speaker: Tim Josling, Stanford University (Presentation | Paper) (minute 104, )
Discussant: Majda Petschen, World Trade Organization (minute 129, )

11:20am

Policy panel
Ashok Gulati, Indian Council for Research on International Economic Relations (minute 157, )
Bernard Hoekman, European University Institute (minute 174, )
Eugenio Diaz-Bonilla, International Food Policy Research Institute (Presentation) (minute 187, )

Last Updated: Oct 02, 2014

Speaker Bios

  • Development Research Group, World Bank

  • International Food Policy Research Institute

  • Indian Council for Research on International Economic Relations

  • European University Institute

  • Johns Hopkins University (former Director for Agriculture, World Bank)

  • UC Berkeley

  • French National Institute for Agricultural Research

  • Food and Agriculture Organization

  • Donald F. Larson

    Development Research Group, World Bank

  • Visiting Senior Research Fellow, International Food Policy Research Institute

  • Funing Zhong

    Professor, College of Economics & Trade, Nanjing Agricultural University

  • Gopinath Munisamy

    Director, Market and Trade Division, Economic Research Service, United States Department of Agriculture

  • Madhur Gautam

    World Bank

  • Majda Petschen

    Agriculture and Commodities Division of the World Trade Organization

  • Ohio State University

  • Mark Cackler

    Manager, Agriculture Global Practice

  • Maros Ivanic

    Development Research Group, World Bank

  • International Food Policy Research Institute

  • UC Berkeley

  • Disaster Risk Financing and Insurance Program, World Bank

  • Development Research Group, World Bank

  • Harvard University and Center for Global Change

  • Australian National University

  • Rob Townsend

    World Bank

  • World Bank

  • Michigan State University

  • Stanford University

  • Independent Scholar (formerly Senior Advisor, World Bank)

  • Vincent Smith

    University of Montana

  • William J. Martin

    Organizer, Development Research Group, World Bank
Background Papers
Event Details
  • Date: September 18-19, 2014
  • Location: World Bank Headquarters, 1818 H Street, N.W., Room MC13-121
  • Feature Story: Read the Story
  • CONTACT: Research Department, research@worldbank.org
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