food crisis

1. Casablanca
27/10/2011
2007-2008
Made by,Edmond
Supervised by Mr Benani

2. Content
 Historic
 Causes
 Consequences
-Macro Economic
-Micro Economic
 Alternatives
 References

3. Historic
Price trends
Global increase of Food:
 Increase of 12% from 2005 to
2006, 24% in 2007 and Raise
50% in January a great peak
 Decrease then increased 2009-
2010
 Peaking again slightly to the
one of 2008

4.  Between 2006 and 2008 average world prices
for rice rose by 217%,
 wheat by 136%,
 corn by 125% and
 soybeans by 107%.
 soya by 87%, and maize 31%

5. Causes
 Scarcity of Resources(land,raw
materials…drought in grain
producting countries
 Raise of Oil price
- Hight cost of fertilizers
- Hight cost of Food Transportation
- Industrial agriculture

6.  Growth of world population
 Hight demand
 Financial speculation
 Lack of Rain
 Vulnerability of the current
agricultural and food model

7. Consequences
 MacroEconomic
o Increase of 12%
from 2005 to 2006,
24% in 2007, and a
rise of about 50% in
January and July
2008.
FAO Price Index at current prices (black
curve) and corrected for inflation (blue
curve) between January 2004 and May 2011

8. oRise of the oil ‘s
price combined with
global raise of food
price and other
leads to the global
inflation
oGreat fear of Financial
market s:stocks markets
Example of Wall street,
oAffect the global
Economy

9.  Micro economic
o Switch to other foods or other business
o Wholesalers incresase more the price of food
o Retailers raise it again
o Purcahsing power become insignificant to
afford the purchase of food
o Decrease of consumer confidence
o Increase of anger

10. oUnrest around the world
1. Mauritania, 8 Morocco
2. Cameroon 10 Mexico
3. Senegal 11 Bolivia
4. Burkina Faso 13 Yemen
5. Côte d'Ivoire 14 Uzbekistan
6. Egypt 15 Pakistan
7. Bangladesh 16 Sri Lanka
8. South Africa. …………..

12. Alternatives

Interventions of Governements(bailout,being
owner of certains banks..)
More Grants to the farmers
Support Small scale and sustainable production.
IT IS NECESSARY TO GENERATE MECHANISM OF
INTERVENTION AND REGULATION

13.  Government intervention:
 -IFAD $200million to
support poor farmers
 -April 30, 2008 creation of
the organition of rice
exporting countries
 - June 2008 the food and
agriculture organization
hosted conference in
which $1.2 billion in food
aid

14. References
 Ester,V.,2008.Causes Consequences and Alternatives:International
Viewpoint[Online].Available at:<
http://www.internationalviewpoint.org/spip.php?article1774>[Accesse
d 24 October 2011]
 Rolf,K.,Reinhard and Jutta,W.,2010. What Became of the Food Price
Crisis in 2008?.[Online] Züric: “Aussenwirtschaft”.
 Swiss Review of International Economic Relations.Available at :<
http://www.nadel.ethz.ch/publikationen/food_price_crisis.pdf>[Access
ed 24 October 2011]
 Food and Agricultural Organization Of the United Nations.2011 How
does international price volatility affect domestic economies and
food security?FAO
 Joachim,V.B.,2008. Food and financial crises: Implications for agriculture
and the poor.IFPRI Policy Brief 7.Washington,DC:International Food Policy
Research Institute