The onset of the grain price spikes in late 2007 heralded a heated discussion among economists and policy makers on the source of the problem and appropriate policy responses. The subsequent rounds of price surges hit landless poor consumers hard, and transferred billions of dollars from them to landowners worldwide. Economists offered a list of highly plausible explanations for the recent jumps in grain price levels.
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Library ResourceJournal Articles & BooksDecember, 2014India, China
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