Exploring Food Price Scenarios Towards 2030 with a Global Multi-Region Model
This report examines future food price scenarios up to 2030 using the GLOBE model, considering factors like climate change, agricultural productivity, and trade. It aims to inform international responses to food security threats due to rising prices.
(Generated with the help of GPT-4)
| Quick Facts | |
|---|---|
| Report location: | source |
| Language: | English |
| Publisher: | |
| Authors: | Dirk Willenbockel |
| Time horizon: | 2020 |
| Geographic focus: | Global, Sub-saharan Africa, Central America, North Africa, Low-income Countries |
Methods
The GLOBE model, a multi-country, trade-focused, computable general equilibrium model, was used to simulate scenarios for food price increases to 2030. It considers factors like population growth, technical progress, capital accumulation, land use, and agricultural productivity growth.
(Generated with the help of GPT-4)
Key Insights
The report uses the GLOBE computable general equilibrium model to analyze food price trends and their drivers, including business-as-usual growth, climate change impacts, and increased agricultural productivity. It provides detailed projections for food commodity prices and production, considering the effects on different regions, especially sub-Saharan Africa.
(Generated with the help of GPT-4)
Additional Viewpoints
Categories: 2020 time horizon | 2020s time horizon | Central America geographic scope | English publication language | Global geographic scope | Low-income Countries geographic scope | North Africa geographic scope | Sub-saharan Africa geographic scope | agricultural productivity | climate change | crop production | food | food consumption | food prices | food security | income distribution | international trade | land rents | policy analysis