Economic Growth, Convergence, and World Food Demand and Supply

In recent years, developing countries have been growing much more rapidly than the industrial countries. This growth convergence has potentially very important implications for world food demand and for world agriculture because of the increase in demand for agricultural resources as diets shift awa...

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Main Authors:	Fukase, Emiko, Martin, Will
Format:	Journal Article
Published:	Elsevier 2020
Subjects:	CEREAL EQUIVALENTS DIETARY PATTERN INCOME GROWTH FOOD SECURITY GLOBAL FOOD DEMAND INCOME CONVERGENCE
Online Access:	http://hdl.handle.net/10986/33877

id	okr-10986-33877
recordtype	oai_dc
spelling	okr-10986-338772021-05-25T09:40:05Z Economic Growth, Convergence, and World Food Demand and Supply Fukase, Emiko Martin, Will CEREAL EQUIVALENTS DIETARY PATTERN INCOME GROWTH FOOD SECURITY GLOBAL FOOD DEMAND INCOME CONVERGENCE In recent years, developing countries have been growing much more rapidly than the industrial countries. This growth convergence has potentially very important implications for world food demand and for world agriculture because of the increase in demand for agricultural resources as diets shift away from starchy staples and towards animal-based products and fruits and vegetables. Using a resource-based measure of food production and consumption that accounts for the much higher production costs associated with animal-based foods, this article finds per capita demand growth to be a more important driver of food demand than population growth between now and 2050. Using the middle-ground Shared Socioeconomic Pathway scenario to 2050 from the International Institute for Applied Systems Analysis, which assumes continued income convergence, the article finds that the increase in food demand (102 percent) would be about a third greater than under a hypothetical scenario of all countries growing at the same rate (78 percent). As convergence increases the growth of food supply by less than demand, it appears to be a driver of upward pressure on world food prices. 2020-06-11T15:26:25Z 2020-06-11T15:26:25Z 2020-08 Journal Article World Development 0305-750X http://hdl.handle.net/10986/33877 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Elsevier Publications & Research :: Journal Article Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
topic	CEREAL EQUIVALENTS DIETARY PATTERN INCOME GROWTH FOOD SECURITY GLOBAL FOOD DEMAND INCOME CONVERGENCE
spellingShingle	CEREAL EQUIVALENTS DIETARY PATTERN INCOME GROWTH FOOD SECURITY GLOBAL FOOD DEMAND INCOME CONVERGENCE Fukase, Emiko Martin, Will Economic Growth, Convergence, and World Food Demand and Supply
description	In recent years, developing countries have been growing much more rapidly than the industrial countries. This growth convergence has potentially very important implications for world food demand and for world agriculture because of the increase in demand for agricultural resources as diets shift away from starchy staples and towards animal-based products and fruits and vegetables. Using a resource-based measure of food production and consumption that accounts for the much higher production costs associated with animal-based foods, this article finds per capita demand growth to be a more important driver of food demand than population growth between now and 2050. Using the middle-ground Shared Socioeconomic Pathway scenario to 2050 from the International Institute for Applied Systems Analysis, which assumes continued income convergence, the article finds that the increase in food demand (102 percent) would be about a third greater than under a hypothetical scenario of all countries growing at the same rate (78 percent). As convergence increases the growth of food supply by less than demand, it appears to be a driver of upward pressure on world food prices.
format	Journal Article
author	Fukase, Emiko Martin, Will
author_facet	Fukase, Emiko Martin, Will
author_sort	Fukase, Emiko
title	Economic Growth, Convergence, and World Food Demand and Supply
title_short	Economic Growth, Convergence, and World Food Demand and Supply
title_full	Economic Growth, Convergence, and World Food Demand and Supply
title_fullStr	Economic Growth, Convergence, and World Food Demand and Supply
title_full_unstemmed	Economic Growth, Convergence, and World Food Demand and Supply
title_sort	economic growth, convergence, and world food demand and supply
publisher	Elsevier
publishDate	2020
url	http://hdl.handle.net/10986/33877
_version_	1764479742596087808

Economic Growth, Convergence, and World Food Demand and Supply

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