The Global Food Crisis – Impact on Wheat Markets and Trade in the Caucasus and Central Asia and the Role of Kazakhstan, Russia, and Ukraine

Project Completed: February 2012 – September 2015
Coordinator: IAMO
Partners: World Bank (USA), ICARE (Armenia), GCAD (Georgia), ACEPAS (Kazakhstan), the Higher School of Economics (Russia), VIAPI (Russia), SAI (Uzbekistan), and CACAARI (Uzbekistan).

The research project investigates wheat markets in the Caucasus and Central Asia and the major supplier countries of this region, namely Kazakhstan, Russia and Ukraine (KRU) against the background of the on-going global food crisis. Long-term rising prices and increasing price volatility on the world markets for agricultural raw materials have considerably affected the countries in Central Asia and the Caucasus. However, up until today research has more or less neglected the impact of the global food crisis on this region. There is nearly no empirical evidence on how wheat markets in this region work and how prices are formed. The present research project aims to close this research gap. Three different but closely connected working groups carry out empirical analyses on price transmission and price volatility, the structure of the wheat supply chains, and wheat trade patterns and relationships. Besides providing empirical results on important research questions, this project also contributes to capacity-building in the countries under consideration. The Ph.D. students coming predominantly from the countries under study do not only benefit from working in an international research team consisting of IAMO researchers and well-known scientists in the relevant field of research, but also from taking part in graduate courses and Ph.D. workshops.
Coordinator: IAMO
Partners: World Bank (USA), ICARE (Armenia), GCAD (Georgia), ACEPAS (Kazakhstan), the Higher School of Economics (Russia), VIAPI (Russia), SAI (Uzbekistan), and CACAARI (Uzbekistan).

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