AGFOODTRADE

International trade reflects complex dynamic processes driven by demographic, socio-economic, technological and political changes. Therefore, future evolution of world markets is highly uncertain.

The project builds on past research but emphasizes issues usually overlooked by standard assessments of trade liberalization such as:
- the impact of demand from energy markets which could affect agriculture and reverse the decline of real farm product prices;
- the demographic changes, which in some developing and transition countries modify - the demand for food, especially that for industrial food processing;
- the concentration of firms in many global markets, which could modify the expected size and distribution of gains from trade liberalization among stakeholders;
- the impact of trade liberalization on price volatility, which is a key concern but remains to be thoroughly evaluated;