skip to content
Global uncertainty and the volatility of agricultural commodities prices Preview this item
ClosePreview this item
Checking...

Global uncertainty and the volatility of agricultural commodities prices

Author: Bertrand R Munier
Publisher: Washington, D.C. : IOS Press, 2012.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
The recent global financial crisis exposed the serious limitations of existing economic and financial models. Not only did macro models fail to predict the crisis, they seemed incapable of explaining what was happening to the economy. Policymakers felt abandoned by the conventional tools of the now obsolete Washington consensus and the World Trade Organization's oversimplified faith in free markets. The traditional  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

Find a copy online

Links to this item

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Genre/Form: Electronic books
Additional Physical Format: Print version:
Global uncertainty and the volatility of agricultural commodities prices.
Washington, D.C. : IOS Press, 2012
(DLC) 2012934635
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Bertrand R Munier
ISBN: 9781614990376 1614990379 1280875933 9781280875939
OCLC Number: 802057590
Description: 1 online resource (ix, 244 pages :) : illustrations
Responsibility: edited by Bertrand R. Munier.

Abstract:

The recent global financial crisis exposed the serious limitations of existing economic and financial models. Not only did macro models fail to predict the crisis, they seemed incapable of explaining what was happening to the economy. Policymakers felt abandoned by the conventional tools of the now obsolete Washington consensus and the World Trade Organization's oversimplified faith in free markets. The traditional models for agricultural commodities have so far failed to take into account the uncertain character of the global agricultural economy and its ferocious consequences in food price volatility, the worst in 300 years, yielding hunger riots throughout the world. This book explores the elements which could help to close this fundamental modeling gap. To what extent should traditional models be questioned regarding agricultural commodities? Are prices on these markets foreseeable? Can their evolution be either predicted or convincingly simulated, and if so, by which methods and models? Presenting contributions from acknowledged experts from several countries and backgrounds - professors at major international universities or researchers within specialized international organizations - the book concentrates on four issues: the role of expectations and capacity of prediction; policy issues related to development strategies and food security; the role of hoarding and speculation and finally, global modeling methods. The book offers a renewed wisdom on some of the core issues in the world economy today and puts forward important innovations in analyzing these core issues, among which the modular modeling design, the Momagri model being a seminal example of it. Reading this book should inspire fruitful revisions in policy-making to improve the welfare of populations worldwide.

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.

Similar Items

Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


Primary Entity

<http://www.worldcat.org/oclc/802057590> # Global uncertainty and the volatility of agricultural commodities prices
    a schema:CreativeWork, schema:MediaObject, schema:Book ;
    library:oclcnum "802057590" ;
    library:placeOfPublication <http://id.loc.gov/vocabulary/countries/dcu> ;
    library:placeOfPublication <http://experiment.worldcat.org/entity/work/data/1121902521#Place/washington_d_c> ; # Washington, D.C.
    schema:about <http://id.worldcat.org/fast/921161> ; # Farm produce
    schema:about <http://id.worldcat.org/fast/1078136> ; # Produce trade
    schema:about <http://dewey.info/class/332.6441/e23/> ;
    schema:about <http://id.worldcat.org/fast/801206> ; # Agricultural prices
    schema:bookFormat schema:EBook ;
    schema:contributor <http://viaf.org/viaf/22230231> ; # Bertrand R. Munier
    schema:datePublished "2012" ;
    schema:description "The recent global financial crisis exposed the serious limitations of existing economic and financial models. Not only did macro models fail to predict the crisis, they seemed incapable of explaining what was happening to the economy. Policymakers felt abandoned by the conventional tools of the now obsolete Washington consensus and the World Trade Organization's oversimplified faith in free markets. The traditional models for agricultural commodities have so far failed to take into account the uncertain character of the global agricultural economy and its ferocious consequences in food price volatility, the worst in 300 years, yielding hunger riots throughout the world. This book explores the elements which could help to close this fundamental modeling gap. To what extent should traditional models be questioned regarding agricultural commodities? Are prices on these markets foreseeable? Can their evolution be either predicted or convincingly simulated, and if so, by which methods and models? Presenting contributions from acknowledged experts from several countries and backgrounds - professors at major international universities or researchers within specialized international organizations - the book concentrates on four issues: the role of expectations and capacity of prediction; policy issues related to development strategies and food security; the role of hoarding and speculation and finally, global modeling methods. The book offers a renewed wisdom on some of the core issues in the world economy today and puts forward important innovations in analyzing these core issues, among which the modular modeling design, the Momagri model being a seminal example of it. Reading this book should inspire fruitful revisions in policy-making to improve the welfare of populations worldwide."@en ;
    schema:exampleOfWork <http://worldcat.org/entity/work/id/1121902521> ;
    schema:genre "Electronic books"@en ;
    schema:inLanguage "en" ;
    schema:isSimilarTo <http://worldcat.org/entity/work/data/1121902521#CreativeWork/global_uncertainty_and_the_volatility_of_agricultural_commodities_prices> ;
    schema:name "Global uncertainty and the volatility of agricultural commodities prices"@en ;
    schema:productID "802057590" ;
    schema:publication <http://www.worldcat.org/title/-/oclc/802057590#PublicationEvent/washington_d_c_ios_press_2012> ;
    schema:publisher <http://experiment.worldcat.org/entity/work/data/1121902521#Agent/ios_press> ; # IOS Press
    schema:url <http://www.myilibrary.com?id=371724> ;
    schema:url <http://site.ebrary.com/id/10574720> ;
    schema:url <http://gold.worcester.edu/login?url=http://site.ebrary.com/lib/worcesteruniv/Doc?id=10574720> ;
    schema:url <https://ebookcentral.proquest.com/lib/stanford-ebooks/detail.action?docID=948334> ;
    schema:url <http://www.myilibrary.com?id=371724&ref=toc> ;
    schema:workExample <http://worldcat.org/isbn/9781280875939> ;
    schema:workExample <http://worldcat.org/isbn/9781614990376> ;
    wdrs:describedby <http://www.worldcat.org/title/-/oclc/802057590> ;
    .


Related Entities

<http://experiment.worldcat.org/entity/work/data/1121902521#Place/washington_d_c> # Washington, D.C.
    a schema:Place ;
    schema:name "Washington, D.C." ;
    .

<http://id.worldcat.org/fast/1078136> # Produce trade
    a schema:Intangible ;
    schema:name "Produce trade"@en ;
    .

<http://id.worldcat.org/fast/801206> # Agricultural prices
    a schema:Intangible ;
    schema:name "Agricultural prices"@en ;
    .

<http://id.worldcat.org/fast/921161> # Farm produce
    a schema:Intangible ;
    schema:name "Farm produce"@en ;
    .

<http://viaf.org/viaf/22230231> # Bertrand R. Munier
    a schema:Person ;
    schema:familyName "Munier" ;
    schema:givenName "Bertrand R." ;
    schema:name "Bertrand R. Munier" ;
    .

<http://worldcat.org/entity/work/data/1121902521#CreativeWork/global_uncertainty_and_the_volatility_of_agricultural_commodities_prices>
    a schema:CreativeWork ;
    rdfs:label "Global uncertainty and the volatility of agricultural commodities prices." ;
    schema:description "Print version:" ;
    schema:isSimilarTo <http://www.worldcat.org/oclc/802057590> ; # Global uncertainty and the volatility of agricultural commodities prices
    .

<http://worldcat.org/isbn/9781280875939>
    a schema:ProductModel ;
    schema:isbn "1280875933" ;
    schema:isbn "9781280875939" ;
    .

<http://worldcat.org/isbn/9781614990376>
    a schema:ProductModel ;
    schema:isbn "1614990379" ;
    schema:isbn "9781614990376" ;
    .

<https://ebookcentral.proquest.com/lib/stanford-ebooks/detail.action?docID=948334>
    rdfs:comment "Available to Stanford-affiliated users." ;
    .


Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.