Policy seminar: Food price policy in an era of market instability

This event took place on 4 March 2015 at the India Habitat Centre, Lodhi Road, New Delhi. Presenters included Per Pinstrup-Andersen, Bibek Debroy, Rajat Kathuria, Prabhu Pingali, Ashok Gulati, and the Director of UNU-WIDER, Finn Tarp.

Between 2007 and 2008, world governments made decisions that, in conjunction with extreme weather events, turned an already alarming food supply and demand situation into a global food price crisis. This begs the question: How do governments make food policy decisions? Are they driven by data, special interests, theories of change or a combination of the above?

This policy seminar, hosted by the Indian Council for Research on International Economic Relations, addressed these questions, which are particularly timely as India prepares for the next round of predicted food price fluctuations (grain prices in the international market have already become unstable).