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Food Prices And Inflation In Developing Asia
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Book Synopsis Global Food Price Inflation and Developing Asia by : Asian Development Bank
Download or read book Global Food Price Inflation and Developing Asia written by Asian Development Bank and published by Asian Development Bank. This book was released on 2011-03-01 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: The specter of high commodity prices has recently reemerged, with global food prices registering a new peak in February 2011, triggered mainly by production shortfalls due to bad weather. The 30% hike in international food prices has translated to an average domestic food price inflation in developing Asia of about 10%. This could push an additional 64.4 million Asians into poverty, or lead to a 1.9 percentage point increase in poverty incidence based on the $1.25-a-day poverty line. The frequency with which food price spikes have occurred in recent years suggests that short- and long-term solutions need to be implemented to secure food supplies for the world's growing population.
Book Synopsis Food Prices and Inflation in Developing Asia by : William E. James
Download or read book Food Prices and Inflation in Developing Asia written by William E. James and published by . This book was released on 2008 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Food Prices and Inflation in Developing Asia by : Asian Development Bank
Download or read book Food Prices and Inflation in Developing Asia written by Asian Development Bank and published by . This book was released on 2008 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The recent spike in global food prices and the short-sighted policy responses that accentuate volatility in prices threaten to push large numbers of people back below the poverty line--including many millions in developing Asia. Structural forces augmented by adverse cyclical events have put food prices on an upward trajectory that will not end soon. Unless trade is kept open and relative prices are allowed to reflect market scarcity, severe consequences will emerge. In the immediate future, carefully targeted assistance to the poor will be essential--both in terms of food and inputs necessary to increase food production in the coming crop season. A reevaluation of investment priorities and feasibility of agricultural projects must be undertaken in light of these price developments, accompanied by stronger efforts to boost agricultural productivity growth in order to mitigate any longer-term rise in food prices."--Abstract.
Book Synopsis Food Prices and Inflation in Developing Asia: is Poverty Reduction Coming Tot an End? by : Asian Development Bank Economics and Research Department
Download or read book Food Prices and Inflation in Developing Asia: is Poverty Reduction Coming Tot an End? written by Asian Development Bank Economics and Research Department and published by . This book was released on 2008 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Inflation Co-Movement in Emerging and Developing Asia: The Monsoon Effect by : Patrick Blagrave
Download or read book Inflation Co-Movement in Emerging and Developing Asia: The Monsoon Effect written by Patrick Blagrave and published by International Monetary Fund. This book was released on 2019-07-11 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Co-movement (synchronicity) in inflation rates among a set of 13 emerging and developing countries in Asia is shown to be strongest for the food component, partly due to common rainfall shocks—a result which the paper terms the ‘monsoon effect.’ Economies with higher trade integration and co-movement in nominal effective exchange rates also experience greater food-inflation co-movement. By contrast, cross-country co-movement in core inflation is weak and the aforementioned determinants have little explanatory power, suggesting a prominent role for idiosyncratic domestic factors in driving core inflation. In the context of the growing literature on the globalization of inflation, these results suggest that common weather patterns are partly responsible for any role played by a so-called ‘global factor’ among inflation rates in emerging and developing economies, in Asia at least.
Book Synopsis Inflation in Developing Asia by : Juthathip Jongwanich
Download or read book Inflation in Developing Asia written by Juthathip Jongwanich and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world economy experienced a sharp spike in food and oil prices during 2007 and 2008. In light of developing Asia's dependence on imported oil and food, we can expect higher global food and oil prices to result in higher domestic consumer prices in the region. However, the actual impact of the global commodity shocks on consumer price inflation in developing Asia depends on a number of other factors, including government policy measures. The objective of this paper is to examine empirically the extent of the pass-through of global food and oil prices to domestic consumer prices in nine countries in the region. The main empirical result is that the magnitude of the pass-through has been limited. Government policy measures, for example, subsidies and price controls, played a role in reducing or delaying the pass-through of oil and food price increases to domestic prices.
Book Synopsis Examining the Determinants of Food Prices in Developing Asia by : Hyeon-seung Huh
Download or read book Examining the Determinants of Food Prices in Developing Asia written by Hyeon-seung Huh and published by . This book was released on 2013 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Global Food Price Inflation and Policy Responses in Central Asia by : International Monetary Fund
Download or read book Global Food Price Inflation and Policy Responses in Central Asia written by International Monetary Fund and published by International Monetary Fund. This book was released on 2012-03-01 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the implications of elevated global food prices for inflation in select Central Asian economies - Kazakhstan, the Kyrgyz Republic, Tajikistan, and Uzbekistan. The findings suggest that global food inflation has significant short-run effects that build over time. Inflation outcomes simulated under alternative global wheat price assumptions underscore these vulnerabilities, and suggest that sustained administrative measures are unlikely to prove effective. In line with structural economic features, the interest rate channel of monetary policy is found to be limited, arguing for a broad policy strategy to control more expansive inflationary pressures. Looking ahead, measures to enhance supply responses, deepen domestic financial markets, develop adequate social safety nets, and increase central bank independence are warranted.
Download or read book Soaring Food Prices written by and published by . This book was released on 2008 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Soaring food grain prices in recent months have caused serious concern around the world. In Asia the estimated 1.2 billion poor people who spend on average 60% of their income on food have been hit hard. Food price inflation severely stresses the most vulnerable groups. High and rising food prices are threatening to reverse the gains in poverty reduction in the Asia and Pacific region, undermining the global fight against poverty. If high food prices persist, the Millennium Development Goal of halving poverty by 2015 could be jeopardized. This paper explains why food prices are rising and how ADB is responding to this crisis."-- provided by publisher.
Book Synopsis Asian Development Outlook 2020 by : Asian Development Bank
Download or read book Asian Development Outlook 2020 written by Asian Development Bank and published by Asian Development Bank. This book was released on 2020-04-01 with total page 737 pages. Available in PDF, EPUB and Kindle. Book excerpt: After a disappointing 2019, growth prospects in developing Asia have worsened under the impact of the current health crisis. Signs of incipient recovery near the turn of this year were quickly overthrown as COVID-19 broke out in January 2020 in the region’s largest economy and subsequently expanded into a global pandemic. Disruption to regional and global supply chains, trade, and tourism, and the continued spread of the outbreak, leave the region reeling under massive economic shocks and financial turmoil. Across Asia, the authorities are responding with policies to contain the outbreak, facilitate medical interventions, and support vulnerable businesses and households. Assuming that the outbreak is contained this year, growth is expected to recover in 2021. Especially to face down fundamental threats such as the current medical emergency, innovation is critical to growth and development. As some economies in developing Asia challenge the innovation frontier, many others lag. More and better innovation is needed in the region to sustain growth that is more inclusive and environmentally sustainable. Five key drivers of innovation are sound education, productive entrepreneurship, high-quality institutions, efficient financial systems, and dynamic cities that excite knowledge exchange. The journey to creating an innovative society takes long-term commitment and hard work.
Book Synopsis Inflation in Emerging and Developing Economies by : Jongrim Ha
Download or read book Inflation in Emerging and Developing Economies written by Jongrim Ha and published by World Bank Publications. This book was released on 2019-02-24 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first comprehensive study in the context of EMDEs that covers, in one consistent framework, the evolution and global and domestic drivers of inflation, the role of expectations, exchange rate pass-through and policy implications. In addition, the report analyzes inflation and monetary policy related challenges in LICs. The report documents three major findings: In First, EMDE disinflation over the past four decades was to a significant degree a result of favorable external developments, pointing to the risk of rising EMDE inflation if global inflation were to increase. In particular, the decline in EMDE inflation has been supported by broad-based global disinflation amid rapid international trade and financial integration and the disruption caused by the global financial crisis. While domestic factors continue to be the main drivers of short-term movements in EMDE inflation, the role of global factors has risen by one-half between the 1970s and the 2000s. On average, global shocks, especially oil price swings and global demand shocks have accounted for more than one-quarter of domestic inflation variatio--and more in countries with stronger global linkages and greater reliance on commodity imports. In LICs, global food and energy price shocks accounted for another 12 percent of core inflation variatio--half more than in advanced economies and one-fifth more than in non-LIC EMDEs. Second, inflation expectations continue to be less well-anchored in EMDEs than in advanced economies, although a move to inflation targeting and better fiscal frameworks has helped strengthen monetary policy credibility. Lower monetary policy credibility and exchange rate flexibility have also been associated with higher pass-through of exchange rate shocks into domestic inflation in the event of global shocks, which have accounted for half of EMDE exchange rate variation. Third, in part because of poorly anchored inflation expectations, the transmission of global commodity price shocks to domestic LIC inflation (combined with unintended consequences of other government policies) can have material implications for poverty: the global food price spikes in 2010-11 tipped roughly 8 million people into poverty.
Book Synopsis Managing Food Price Inflation in South Asia by : Sadiq Ahmed
Download or read book Managing Food Price Inflation in South Asia written by Sadiq Ahmed and published by . This book was released on 2010 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contributed articles presented at a seminar.
Book Synopsis Asian Development Outlook 2018 by : Asian Development Bank
Download or read book Asian Development Outlook 2018 written by Asian Development Bank and published by Asian Development Bank. This book was released on 2018-04-01 with total page 650 pages. Available in PDF, EPUB and Kindle. Book excerpt: The annual Asian Development Outlook analyzes economic performance in the past year and offers forecasts for the next 2 years for the 45 economies in Asia and the Pacific that make up developing Asia. Growth prospects in the region are upbeat, buoyed by favorable demand at home and abroad. A strong performance in 2017 reflected a surge in exports, which will likely abate this year and next, and rapidly expanding domestic demand. While the outlook is for steady growth, risks to it are decidedly on the downside: Trade friction could weaken recently deepened trade links, tightening US monetary policy could diminish investment in developing Asia, and rising domestic private debt may hamper growth. New technologies drive higher productivity, the foundation for economic growth, better-paid jobs, and poverty reduction. The latest technologies in robotics and artificial intelligence may threaten some jobs, however, and leave less-skilled workers behind. To maximize gains in productivity while safeguarding social welfare, governments in developing Asia should protect workers but not preserve particular jobs. Meanwhile, they should facilitate the countervailing forces in new technologies that generate new jobs. Dealing with the downsides of new technology requires synchronized effort on skills development, labor regulation, social protection, and income redistribution.
Book Synopsis Food Security in Asia by : Wen S. Chern
Download or read book Food Security in Asia written by Wen S. Chern and published by Edward Elgar Publishing. This book was released on 2000 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Papers from an April 1998 conference held in Taipei, Taiwan, analyze the forces affecting the demand for, and supply of, staple foods in both developed and developing Asian countries. Particular attention is paid to the effects of rice production strategies and trade policies on food security. Papers discuss the implications of trade liberalization in the ASEAN free trade area and in East Asia on agricultural trade and food security, and examine the implications of China's ongoing economic transition on its agricultural trade and its policy on self-sufficiency. Of interest to scholars of Asian studies, agricultural economics, and international economics. Chern is affiliated with the Department of Agricultural, Environmental and Development Economics at the Ohio State University. Annotation copyrighted by Book News Inc., Portland, OR
Download or read book Global Food Price Inflation written by and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "The surge in global commodity prices of the past few years has presented a tremendous development challenge for South Asian countries. The large loss of income from the terms of trade shock has worsened macroeconomic balances, fueled rapid inflation, and hurt growth. Although commodity prices have come down recently, the benefits are being clouded by the emergence of a severe global financial crisis. The adverse consequences of the food price hike for the poor are large; the global financial crisis could further worsen the situation due to falling economic opportunities and government revenues. South Asian countries need to accelerate reforms to avoid facing a serious downturn in economic activity, investment, exports, and income. Governments in South Asia have responded by stabilizing domestic food prices through a number of short-term measures, tightened monetary policy to reduce inflation, and increased spending on a range of safety net programs for the poor. Some of the policies employed, such as export bans, are not consistent with the long-term welfare of the country or the region. Safety net interventions need to be made consistent with a longer-term poverty reduction strategy and fiscal sustainability. Most importantly, policy attention now needs to shift toward efforts to increase farm productivity, improve rural infrastructure, and lower the vulnerability of the poor."--World Bank web site.
Book Synopsis Asian Development Outlook 2021 Update by : Asian Development Bank
Download or read book Asian Development Outlook 2021 Update written by Asian Development Bank and published by Asian Development Bank. This book was released on 2021-09-01 with total page 578 pages. Available in PDF, EPUB and Kindle. Book excerpt: Renewed COVID-19 outbreaks and uneven vaccination progress are prolonging the fight against the disease in developing Asia. This is contributing to a divergence in growth paths in the region that is partly being determined by the progress on tackling COVID-19. Asian Development Outlook 2021 Update raises regional growth forecasts for East Asia and Central Asia, and revises them down for South Asia, Southeast Asia, and the Pacific. The main risks to the region's economic prospects still center on the pandemic, particularly the emergence of new variants, lagging vaccine rollouts, and waning vaccine effectiveness. As economies recover from the pandemic, the threats of climate change will take center stage again. Sustainable food production and agricultural systems that are resilient to climate change will be crucial for developing Asia. To transform agriculture in the region, its economies must tackle challenges from changing consumer demand, changing demographics, and a changing and more fragile environment.
Book Synopsis Food for Developing Countries in Asia and North Africa by : Viktor Georgievich Rasti︠a︡nnikov
Download or read book Food for Developing Countries in Asia and North Africa written by Viktor Georgievich Rasti︠a︡nnikov and published by . This book was released on 1976 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
