Yuksel, Hatice; Karantininis, Konstantinos; Hess, Sebastian - European Association of Agricultural Economists - EAAE - 2014
In 2007-2008, when food prices started to increase dramatically, purchasing power parity of consumers started to decrease automatically. High food prices were argued to cause poverty, hunger, and food riots among urban populations. Henceforward, ‘food crisis’ became a new story line on the...