2014
DOI: 10.1080/08109028.2015.1028192
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Adam Smith in a warmer world: climate change, multilateral trade and national food security

Abstract: Market efficiency is essential in a world of scarce resources, but it is a secondary concern if human survival depends on a market that can provide reliable agricultural supply. For example, the projected increase in the frequency, magnitude and severity of extreme weather events (as increasing CO2 emissions make the world warmer) has profound implications for the reliability of the multilateral agricultural market. Market reliability is assumed to be embedded in supply and demand price transmission, although … Show more

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Cited by 3 publications
(4 citation statements)
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“…This 35-page document copied and pasted the most significant ideas gained from the thematic review and listed the interview note page number at the end of each idea so that the interview notes could quickly be reviewed when quoting a respondent, as it is important to verify the context of that quote. The “Master Analysis” document was used in preparing the article “Adam Smith in a Warmer World: Climate Change, Multilateral Trade and National Food Security” (Crump, 2014).…”
Section: Discussionmentioning
confidence: 99%
See 1 more Smart Citation
“…This 35-page document copied and pasted the most significant ideas gained from the thematic review and listed the interview note page number at the end of each idea so that the interview notes could quickly be reviewed when quoting a respondent, as it is important to verify the context of that quote. The “Master Analysis” document was used in preparing the article “Adam Smith in a Warmer World: Climate Change, Multilateral Trade and National Food Security” (Crump, 2014).…”
Section: Discussionmentioning
confidence: 99%
“…These themes combined with relevant literature eventually became a draft research paper. The most significant publication from this period of field research is titled “Adam Smith in a Warmer World: Climate Change, Multilateral Trade and National Food Security” (Crump, 2014). This prototype summary has offered an overview of the field research process; now we will examine each component of that process in greater detail.…”
Section: Prototype Field Research Summarymentioning
confidence: 99%
“…Insufficient work has been conducted on regional economic associations within a negotiation context (Crump 2013), although international negotiation researchers and scholars have focused on a couple of regional organizations. For example, the European Union has been studied extensively (Delreux, 2009;Meerts & Cede 2004), while NAFTA (Odell 2006;Winham, & Finn 2000) and Mercosur (Beltramino 2005;Crump 2011) also receive some attention in the international negotiation literature.…”
Section: Food Securitymentioning
confidence: 98%
“…Furthermore, increases in the frequency of droughts and floods are projected to affect crop production negatively. An increase in extreme weather events could possibly have serious implications for the international agricultural marketplace, as this market could be destabilized if national governments respond by restricting agricultural exports (Crump 2010) -as many did during the 2007-08 global food panic. The sudden reduction in agricultural exports resulted in dramatic price increases, food panics and riots in 2007-08 (FAO 2008;Mitra & Josling 2009).…”
Section: Food Securitymentioning
confidence: 99%