Blog post

Galloping grain prices: is liberalisation the answer?

Publishing date: 29 April 2008
Authors: Jakob von Weizsäcker

Without agricultural subsidies, grain prices would be higher still. By combining cuts in subsidies with cuts in biofuel targets, liberalisation can benefit EU tax payers and the poor in developing countries alike.

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About the authors

Jakob von Weizsäcker

Jakob von Weizsäcker heads the department for economic policy and tourism at the Thuringian Economics Ministry in Erfurt and is a non-resident fellow at Bruegel where he was resident fellow form 2005 to 2010.

He previously worked at the World Bank in Washington (2002-2005) where he was country economist for Tajikistan and the Federal Economics Ministry in Berlin (2001-2002) where he headed the office of a junior minister. Before that, he worked for Vesta, a venture capital firm, and held research positions at the Center for Economic Studies in Munich and CIRED in Paris.