Markets and Famines
- List Price: $42.00
- Binding: Paperback
- Publisher: Oxford University Press
- Publish date: 03/01/1990
Description:
This study, widely acclaimed since its first appearance in 1987, applies some modern methods of economic investigation to the question of how famines happen in market economies, focusing particularly on the 1974-75 famine in Bangladesh. The book explains how sharp increases in mortality can arise from even small changes in the distribution of food consumption, either between people or over time. A recurrent theme is that the way markets for storable foods use information about future scarcity is crucial to their performance during a famine.
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