| |
| Coping with Agricultural Price Volatility |
Seminar |
  |
 |
In partnership with
 |
|
| |
|
| |
April 8, 2011 |
| |
|
The 2007-08 spike in commodity prices revived concerns about
commodity price volatility. High-price episodes may jeopardize
food security in some developing countries, and incur significant real
income losses to many others, with potentially important economic
and political consequences. In developed countries, price volatility
reveals problematic for farmers’ incomes. These concerns led the French
Presidency of the G20 to set “combating commodity price volatility” among its priorities.
Is there a need for policy intervention to cope with agricultural price
instability? If so, what form could it take, and who should take the
initiative? Addressing these policy questions first requires a better
understanding of the recent trends in commodity price volatility and
their drivers. Did volatility really increase recently? What role did
stocks, biofuels and trade policies play? What are the links with financial
markets?
This seminar will combine diff erent views on these questions. The
stakes will first be spelt out from a policy point of view. Researchers
will then share their views about the way economic studies can contribute
to this debate. A roundtable gathering academics, policy makers and
practitioners of commodity markets will wrap up what can be learnt from
these diff erent points of view. |
|
|
 |
| |
|
|
|
8:50 |
|
|
|
|
|
| |
|
Rémi Toussain |
General Director, AgroParisTech |
Introductory remarks |
|
|
|
|
|
|
|
|
|
9:00 - 11:00 |
|
|
|
|
|
| |
|
Jean-Christophe Bureau |
Professor,
AgroParisTech-Paris; Research associate, CEPII |
Chairman |
|
|
|
|
|
| Commodity Price Volatility as a Challenge to Policy Makers |
 |
Hélène Durand |
Technical adviser to the President of the French Republic, in
charge of Economic Affairs |
Speakers |
|
|
|
|
| Causes of and Possible Remedies to Price Volatility |
|
|
|
| Brian Wright |
Professor and Chair, Department of Agricultural and Resource
Economics, University of California, Berkeley |
|
|
|
|
|
|
| Has Volatility Increased, and what did International Coordination
Achieved? |
|
Christopher Gilbert |
Professor, University of Trento, Italy |
| |
|
|
|
|
| |
|
|
|
11:15 - 12:30 |
|
|
|
|
|
| |
|
Agnès Bénassy-Quéré |
Director, CEPII |
Chair |
|
|
|
|
|
| Can and Should Trade Policies be Used to Manage Price Instability? |
|
Sébastien Jean |
Senior Scientist, INRA; Scientific Adviser, CEPII |
Speaker |
|
|
|
|
|
Roundtable:
What Should and can be Done to Cope with Price Instability? |
|
Christopher Gilbert |
Professor, University of Trento, Italy |
Speakers |
|
|
| Brian Wright |
Professor and Chair, Department of Agricultural and Resource
Economics, University of California, Berkeley |
|
|
| Didier Marteau |
Professor, ESCP Europe; Member, Scientific Council, Autorité de Contrôle Prudentiel |
|
|
| Edouard Vieillefond |
Managing Director in charge of the Regulatory Policy
and International Affairs Division, Autorité des Marchés Financiers |
|
|
| François Luguenot |
Responsible for the analysis of Agricultural Markets,
InVivo |
| |
|
|
|
|
| |
Contact:
|
Le Blog du 
