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The questions of population growth and food supply have long been of central concern to economists. The World Food Economy seeks to examine the lessons of the past for wealthy nations, where agricultural output has steadily risen for decades, as well as for developing nations where the advances of the "Green Revolution" in the 1960s have introduced new problems in addition to solutions. This book assesses the challenge of satisfying food demand during the twenty-first century as consumers and producers in every part of the world - rich and poor alike - feel the effects of expanded global commodity trade, food aid, and national legislation in response to globalization. The difficulties of developing agriculture in the developing world are discussed in the context of food subsidies in Europe and the US.
Douglas Southgate is Professor of Natural Resource Economics in the Agricultural, Environmental, and Development Economics Department at Ohio State University. A natural resource economist by training, his previous books include Economic Progress and the Environment and Tropical Forest Conservation. Douglas H. Graham is Professor Emeritus of Rural Finance in the Agricultural, Environmental, and Development Economics Department at Ohio State University. Luther Tweeten is Emeritus Anderson Professor of Agricultural Marketing, Trade, and Policy in the Agriculture, Environmental, and Development Economics Department at Ohio State University. He is the author or co-author of over 500 journal articles and seven books, including Foundations of Farm Policy and Agricultural Trade: Principles and Policies.