ULYSSES
Project number |
312182 |
Project subject |
ULYSSES Understanding and coping with food markets voLatilitY towards more Stable World and EU food SystEmS |
Project term of execution |
3 years 01.08.2012- 31.07.2015 |
Short description |
The literature published in the last 3 years trying to explain agricultural markets instability during 2007-2009 offers inconclusive results about its causes and impacts. On balance, available scientific evidence gives insufficient guidance for prioritizing
policy initiatives, and for effectively averting and mitigating new food crises. Based on an integrated approach, Project ULYSSES seeks to provide general, but sufficiently detailed, responses to the main questions that have been recently posed in the literature
and debated in political sphere: a)What are the causes of markets volatility increases since 2007?;b)What drivers are volatility-increasing and which others are price level-increasing?; c)How likely is that the main commodity markets will experience new episodes
of large volatility?d)To what extent increasing volatility affects agents in the value chain?;e)What are the actual impacts on the most vulnerable households in the EU and in selected developing countries?; f)What policies are more effective to avert and mitigate
the effects of markets volatility at the EU and international levels? |
Expected results description including publications |
ULYSSES has six objectives: |
Keywords |
volatility, commodities, markets, econometrics, biophysical models, market linkages, food supply chain, consumers, trade policy, agricultural policy |
Project stages |
6 stages August 2012- January 2013; February 2013- July 2013; August 2013- January 2014; February 2014- July 2014; August 2014- January 2015; February 2015- July 2015; |
Information about the funding programme |
SEVENTH FRAME WORK PROGRAMME |
Information about an additional funding |
MEYS (Ministry of education youth people and science) |
Total value of the project |
1 491 369 euro |
Total sum granted to UNWE |
92 260 euro |
Information about the responsible subdivision |
Department of Natural recourses |
Information about the partners of the project |
UNIVERSIDAD POLITECNICA DE MADRID WAGENINGEN UNIVERSITEIT JRC -JOINT RESEARCH CENTRE- EUROPEAN COMMISSION UNIVERSITY OF NATIONAL AND WORLD ECONOMY GEORG-AUGUST-UNIVERSITAET GOETTINGEN STIFTUNG OEFFENTLICHEN RECHTS FOOD AND AGRICULTURE ORGANISATION OF THE UNITED NATIONS FAO |
Project manager |
Prof. Plamen Mishev |
Project body |