Transformation of Agricultural Markets: Trends, Drivers, and Implications for SDG2

Abstract

The objective of this text is to provide noneconomists with an analytical tool with which to understand some of the more important trends in the food system and to improve the interpretation of the complex and rapid changes to which this field is subject. The text will begin with a general description of the main characteristics of traditional agricultural markets and then examine modern agricultural markets and related issues, such as industrialization and globalization. Finally, the text will address some of the implications of recent events in global agricultural markets regarding food security and the goal of zero hunger.