Objective
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?
ULYSSES has six objectives:
1.Review the literature on prices volatility of food, feed and non-food commodities
2.Analyse agricultural markets, using updated data, new methods and markets linkages with a view to determine the causes of markets' volatility
3.Identify and evaluate the drivers and factors causing markets volatility, and make projections for supply shocks, demand changes and climate change impacts on agricultural production.
4.Evaluate the impact of markets volatility in the food supply chain in the EU and in developing countries, analysing traditional and new instruments to manage price risks.
5.Evaluate impacts of markets volatility on households in the EU and developing countries.
6.Draw policy-relevant conclusions that help the EU define market management strategies within the CAP after 2013 and inform EU’s standing in the international context.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
- natural sciences earth and related environmental sciences atmospheric sciences climatology climatic changes
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
FP7-KBBE-2012-6-singlestage
See other projects for this call
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Coordinator
28040 MADRID
Spain
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.