Food Prices in a Global World

297 views · Published 17 May 2011 · 1:36 · Indexed 23 October 2026

Channel: IESE Business School · 2011 · Education

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In 2007, the rapid rise of rice prices prompted many governments to close things down at their borders. But since only 5-7% of the rice grown worldwide is traded internationally, the entire supply-demand shift focuses on a small part of the market. How should we manage this kind of phenomena? IESE professor Pankaj Ghemawat gives some clues, included in his new book, World 3.0.

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