FIW-wiiw-Seminar in International Economics
Regular lecture series on current issues in international economics.
The seminar is part of the activities of FIW, the Centre of Competence in International Economics.Series Details
Venue: wiiw, Rahlgasse 3, 1060 Vienna, lecture hall (entrance from the ground floor)
Monday, 12 December 2011, 4:00 pm
Open for all (free attendance)
Presentation:
English
The resurgence of global commodity prices in the past year has once again generated a food crisis with soaring prices in many developing countries. While supply factors are important in the medium term, the recent volatility in global food prices is closely related to financial speculation in commodity futures, as they have effectively become another financial asset class. Regulation to control such financial activity is urgently required.