The World Food Economy

The World Food Economy, 2 nd Edition continues to provide a broad introduction to the economics of food and agriculture. As consumers and producers continue to feel the effects of expanded global commodity trade, food aide, and national legislation in response to globalization, this book assesses the challenges of satisfying food demand in both rich and poor countries alike. This second edition includes a new chapter devoted to biofuel developments and the price of energy in the United States and other nations. Other revised topics which the authors have paid specific attention to include price-trends and new research about trade restrictions and policy-induced distortions in prices. Each chapter addresses economic and demographic trends, patterns of agricultural development, food consumption, and key food issues while comparing and contrasting economics amongst countries. This regional focus ensures that the information presented throughout The World Food Economy is relevant and current for readers.

Douglas D. Southgate, Jr. is a Professor of agricultural economics at Ohio State University, where he also has directed the International studies Center and the Latin American Studies Program. He was awarded a bachelor's degree in economics by the University of Oregon in 1974 and was elected to Phi Beta Kappa. He completed his Ph.D. in agricultural economics at the University of Wisconsin, in 1980, and the same year joined the faculty at Ohio State. He was promoted to associate professor in 1986 and to full professor in 1995.