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Mapping Weak Signals

Inspired by: FP7 » Food markets became investment subject in previous credit crunch

version: 4 / updated: 2011-04-20
id: #1714 / version id: #614
mode: VIEW

Originally submitted by: Tuomo Kuosa
List of all contributors by versions (mouse over)
Last changed by: Rafael Popper
WI-WE status:
unpublished

Source of inspiration

European Commission Framework Programme for RTD (FP7)

Theme/activity of inspiration

Theme 2 - Food, Agriculture and Fisheries, and Biotechnology

Sub-theme/area of inspiration

Food quality and safety

Signal's headline

(max. 9 words)
Food markets became investment subject in previous credit crunch

Signal's description

(approx. 150 words)
Please describe the Weak Signal (approx. 150 words)
Basic production of agriculture may become globally very profitable business if we face a few years of crop failures. Furthermore, if a credit crunch takes place at the same time, the prices of grain, raw materials and oil will probebly go up in the markets in the same way as they did during the previous credit crunch. Tangible goods maintain their value.

Keywords

food price, agriculture, investors, crop failure,

Mini-description

(max. 250 characters)
Furthermore, if a credit crunch takes place at the same time, the prices of grain, raw materials and oil will probebly go up in the markets in the same way as they did during the previous credit crunch.

Signal's first apperance

2000-2005

Signal's potential evolution

It could lead to...
issue type of issue/development potential impact on society timeframe for the issue to become at least 50% probable
#1 speculation new/emerging
harmful
now-2050

Importance

please specify
please select
Level 1: important for a particular country
Level 2: important for a particular world region
Level 3: important for the European Union
Level 4: important for the whole world

Filters preventing the signal's monitoring

information/communicational filters (media/editorial interests, language, reasoning)
cultural/religious filters (values, traditions, faith, spiritual beliefs)
economic filters (business/market interests)
political filters (party or ideological interests)
social filters (class, status, education level)

Key driving forces of this signal

Please use these boxes to provide up to 2 drivers of HIGH importance. Click on HELP to see examples:
Driver 1 Driver 2
Economic speculation of markets

Signal's relevance for European Grand Challenges

where? please justify:
particularly relevant Europe world
Crime and terrorism
Ethics and abuse of S&T
Food security and diet
Sustainability and climate change
Water security/vulnerability

Signal's relevance for thematic research areas

please justify:
particularly relevant
Food, Agriculture and Fisheries, and Biotechnology
Environment (including Climate Change)
Social Sciences and Humanities

Pan-European strategies influencing the signal

please justify:
particularly relevant
Improving researchers mobility and career development by, for example, realising a single labour market for researchers.
Fostering and facilitating coherent international cooperation in science and technology

Research-friendly strategies potentially improving understanding of the signal

For further information about 'research-friendly strategies' click here
please justify:
particularly relevant
Overcoming sub-criticality and systemic failures
To be subcritical means that the effort in a particular field or subfield lacks resources, equipment or a sufficient number of researchers to achieve a desired goal
Addressing cohesion through a localised articulation between supply and demand
(e.g. making research institutions more engaged with their own context and local users; reinforcing knowledge flows into and out of regions; etc.