Policy implications of price dynamics and the way forward
This chapter will look forward, providing recommendations and policy suggestions for decision makers tasked with improving global food security. The chapter begins with discussion of the challenges for the global community in achieving food security for all and how economic modeling and information can improve the three most commonly used government policy responses to food price volatility: trade policies, cereal storage programs and social safety nets. The chapter continues with specific suggestions of how models that integrate climate variability and price information can improve policy implementation. The chapter concludes with a description of technological solutions, development initiatives and market, price and environmental information products that may reduce the food security impacts of high and variable food prices and extreme weather events.