Título
Speculation, Global Crisis and Food
Autor
ROBERTO SOTO ESQUIVEL
Nivel de Acceso
Acceso Abierto
Materias
Resumen o descripción
The process of economic and financial globalization, today in rapid reversal, for
decades established global economic structures that left Latin America and other
regions of the world highly vulnerable to the ebb and flow of the US economy. Mexico
is an exemplary country in the region. By strictly following the doctrines and practices
of neoliberal globalization, Mexico today finds itself particularly dependent on the US
economy. The gradual loss of national sovereignty in terms of economic policy and
flows of credit and commerce has come to the forefront in the present crisis.
This paper will focus on the determination of food prices. On the one hand, it will
highlight the fact that Mexico has lost control over the supply and the price of its food, a
similar phenomenon to the loss of other strategic sectors of its economy. On the other
hand, the paper will emphasize the speculative nature of the formation of commodity
prices in international markets. The financialization of the economy will be explored
within the context of financial de-regulation, which has significantly altered the world’s
pricing system, with financial markets, and in particular derivates markets, exercising a
2 considerable influence, therefore undermining the orthodox notion of determination of
prices based on supply and demand.
Producción Científica de la Universidad Autónoma de Zacatecas UAZ
Fecha de publicación
13 de agosto de 2009
Tipo de publicación
Objeto de congreso
Recurso de información
Formato
application/pdf
Idioma
Español
Audiencia
Público en general
Repositorio Orígen
Repositorio Institucional Caxcán
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