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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 (
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)
Last changed by:
Rafael Popper
WI-WE status:
submitted
unpublished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.
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