Food Security in Africa and Asia: Strategies for Small-scale Agricultural Development
2017-12-17 12:06:39 Viewed: 2285 Downloads: 657-
Food Security in Africa and Asia: Strategies for Small-scale Agricultural Development
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Pub: 2017-12-17 12:06:39
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The global food crisis that hit us a couple ofyears ago was typified by a rise in food prices. The prices of cereals went through the roof. The price of wheat and maize doubled in the space of two years while for rice, prices tripled in the space of a few months (Headey, 2011). Africa and Asia were the worst hit continents. There, some 105 million people were added tothe category of people usually labelled poor – as a
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result of the crisis (Agarwal, 2011).
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Keywords
Food security
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Keywords
optimal extraction path, optimal control, costate variable, production quota, Pigouvian tax