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Crop plants versus energy plants--on the international food crisis
1Agricultural Policy and Development Economics, University of Giessen, 35390 Giessen, Germany. Michael.Schmitz@agrar.uni-giessen.de
Abstract:
The recent price explosion of important agricultural commodities has lead to an international food crisis. The price rise is attributed to fundamental factors, such as the rising demand for dairy and meat products in China and the development of the bioenergy branch as well as on short-term factors such as the behaviour of speculators. Mobilising the worldwide supply can held to overcome the demand driven shortage of food this can be achieved through a proper design of the agricultural policy both in developed and developing countries.
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