A Proposal for the Elimination of Export Restrictions on Food Products

Abstract

The episodes of higher and volatile food prices during 2007-2008 and 2011-2012 have raised concerns about the role of agricultural export restrictions in further raising international prices and its impact on the food- insecure population in net food-importing

developing countries. Although many arguments have been invoked to justify the application of export restrictions, mainly food security concerns, it is clear not only from theoretical studies but also from historical research, that these measures have a multiplier effect on spikes and the volatility of international prices