Implementing physical and virtual food reserves to protect the poor and prevent market failure

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How researchers see this paper

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Examining the dynamic relationship between spot and future prices of agricultural commodities (2010, background): “In particular, von Braun and Torero (2008, 2009) have proposed the implementation of a global virtual reserve to minimize speculative attacks and avoid excessive spikes in spot prices.”
Safeguarding food security in volatile global markets. (2011, background): “Therefore, it is not surprising that the usefulness of holding public stocks has been the subject of debate by scholars in recent years - see Timmer (2010) and von Braun & Torero (2009).”
Agriculture and Development: A Brief Review of the Literature (2011, unknown): “Finally, financial speculation in agricultural commodity markets may have contributed to food price increases (von Braun and Torero, 2009).”
Recent Global Food Price Shocks: Causes, Consequences and Lessons for African Governments and Donors (2011, background): “Gilbert’s (2008) econometric evidence leads to much weaker conclusions even about the correlation of speculative capital and agricultural prices than does von Braun and Torero (2009).”
International Grain Reserves and Other Instruments to Address Volatility in Grain Markets (2009, background): “The idea is to arrange access to financial resources from nations that are club members to back these interventions, which “will reduce spot prices and should make speculators move out of the market” (von Braun and Torero 2009, p. 3).”