Open water fishery crisis is one of the greatest “tragedies of the commons. Although open water fish stocks are a public resource, governments have degraded their value by subsidizing fisheries. According to the World Trade Organization, governments spend betw... More »
On January 31, the Agricultural Market Information System (AMIS) released its latest food price index report, showing that food prices have trended upward since July 2020. The primary agricultural commodities — soybeans, wheat, and other cereals, corn, rice, a... More »
In August 2020, the World Trade Organization (WTO) began the election process of its new Director General. The process started after the resignation of the Brazilian Roberto Azevedo, one year before the expected end of his term, and ended in February 2021 with... More »
Basic economic theory says that public health lockdowns, such as the ones being imposed during the COVID-19 pandemic, are likely to raise food prices and aggravate food insecurities in vulnerable communities. The resulting decline in market activity and the in... More »