UniversidadxClima“Standard trade models underestimate the impact because they miss the bottleneck mechanism: energy disruptions cascade through chemicals and fertilizer production into food prices, amplifying losses for the world’s poorest countries.”
Kiel Policy Brief #KielInstitute
Authors Hinz J. Mahlkow H. Sogalla R. Willmann G.
#EnergySecurity #FoodPrices #Geoeconomics
Emerging Markets & Developing Countries
International Trade
https://bsky.app/profile/chadbourn.bsky.social/post/3mhuu2ta2ds2e
Mark Chadbourn (@chadbourn.bsky.social)
“Standard trade models underestimate the impact because they miss the bottleneck mechanism: energy disruptions cascade through chemicals and fertilizer production into food prices, amplifying losses for the world’s poorest countries.” https://www.kielinstitut.de/publications/the-cost-of-closing-the-strait-of-hormuz-energy-bottlenecks-and-global-food-security-19613/