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Author : T. G. Srinivasan
Publisher :
ISBN 13 :
Total Pages : 70 pages
Book Rating : 4.X/5 (2 download)
Download or read book Food Subsidies and Inflation in Developing Countries written by T. G. Srinivasan and published by . This book was released on 1989 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Per Pinstrup-Andersen
Publisher : International Food Policy Research Insitute
ISBN 13 :
Total Pages : 400 pages
Book Rating : 4.3/5 (91 download)
Download or read book Food Subsidies in Developing Countries written by Per Pinstrup-Andersen and published by International Food Policy Research Insitute. This book was released on 1988 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Rafael Portillo
Publisher : International Monetary Fund
ISBN 13 : 1475542631
Total Pages : 62 pages
Book Rating : 4.4/5 (755 download)
Download or read book Implications of Food Subsistence for Monetary Policy and Inflation written by Rafael Portillo and published by International Monetary Fund. This book was released on 2016-03-17 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: We introduce subsistence requirements in food consumption into a simple new-Keynesian model with flexible food and sticky non-food prices. We study how the endogenous structural transformation that results from subsistence affects the dynamics of the economy, the design of monetary policy, and the properties of inflation at different levels of development. A calibrated version of the model encompasses both rich and poor countries and broadly replicates the properties of inflation across the development spectrum, including the dominant role played by changes in the relative price of food in poor countries. We derive a welfare-based loss function for the monetary authority and show that optimal policy calls for complete (in some cases nearcomplete) stabilization of sticky-price non-food inflation, despite the presence of a foodsubsistence threshold. Subsistence amplifies the welfare losses of policy mistakes, however, raising the stakes for monetary policy at earlier stages of development.
Author : Mr.David Coady
Publisher : International Monetary Fund
ISBN 13 : 145520532X
Total Pages : 25 pages
Book Rating : 4.4/5 (552 download)
Download or read book The Unequal Benefits of Fuel Subsidies written by Mr.David Coady and published by International Monetary Fund. This book was released on 2010-09-01 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews evidence on the impact of fuel subsidy reform on household welfare in developing countries. On average, the burden of subsidy reform is neutrally distributed across income groups; a $0.25 decrease in the per liter subsidy results in a 6 percent decrease in income for all groups. More than half of this impact arises from the indirect impact on prices of other goods and services consumed by households. Fuel subsidies are a costly approach to protecting the poor due to substantial benefit leakage to higher income groups. In absolute terms, the top income quintile captures six times more in subsidies than the bottom. Issues that need to be addressed when undertaking subsidy reform are also discussed, including the need for a new approach to fuel pricing in many countries.
Author : Davide Furceri
Publisher : International Monetary Fund
ISBN 13 : 1513542974
Total Pages : 34 pages
Book Rating : 4.5/5 (135 download)
Download or read book Global Food Prices and Domestic Inflation written by Davide Furceri and published by International Monetary Fund. This book was released on 2015-06-24 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a broad brush look at the impact of fluctuations in global food prices on domestic inflation in a large group of countries. For advanced economies, we find that these fluctuations have played a significant role over the period from 1960 to the present, but the impact has declined over time and become less persistent. We also find that the more recent global food price shocks occurred in the 2000s had a much bigger impact on emerging than on advanced economies. This larger impact could reflect the larger share of food in the consumption baskets in emerging economies on average than in advanced economies, and less anchored inflation expectations in emerging economies than in advanced economies.
Author : Carine Meyimdjui
Publisher : International Monetary Fund
ISBN 13 : 1513566881
Total Pages : 25 pages
Book Rating : 4.5/5 (135 download)
Download or read book Food Price Shocks and Household Consumption in Developing Countries: The Role of Fiscal Policy written by Carine Meyimdjui and published by International Monetary Fund. This book was released on 2021-01-15 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies whether fiscal policy plays a stabilizing role in the context of import food price shocks. More precisely, the paper assesses whether fiscal policy dampens the adverse effect of import food price shocks on household consumption. Based on a panel of 70 low and middle-income countries over the period 1980-2012, the paper finds that import price shocks negatively and significantly affect household consumption, but this effect appears to be mitigated by discretionary government consumption, notably through government subsidies and transfers. The results are particularly robust for African countries and countries with less flexible exchange rate regimes.
Author : Asian Development Bank
Publisher :
ISBN 13 :
Total Pages : 50 pages
Book Rating : 4.3/5 (91 download)
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.
Author : Marc J. Cohen
Publisher : Routledge
ISBN 13 : 1317979060
Total Pages : 510 pages
Book Rating : 4.3/5 (179 download)
Download or read book Global Food-Price Shocks and Poor People written by Marc J. Cohen and published by Routledge. This book was released on 2014-06-11 with total page 510 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the effects of high and volatile food prices during 2007-08 on low-income farmers and consumers in developing, transition, and industrialized countries. Previous studies of this crisis have mostly used models to estimate the likely impacts. This volume includes actual evidence from the field as to how higher prices affected access to food and farm income among poor people. In addition to country and regional case studies, the book presents discussions of cross-cutting themes, including gender, risk management, violence, the importance of subsistence farming as a coping strategy, and the role of governments and markets in addressing higher prices. With 2011 witnessing an unprecedentedly high level of food prices, the findings and policy recommendations presented here should prove useful to both scholars and policy makers in understanding the causes and consequences, as well as the policies needed to ensure food security in light of the skyrocketing cost of food. This book was published as a special double issue of Development in Practice.
Author : Díaz-Bonilla, Eugenio
Publisher : Intl Food Policy Res Inst
ISBN 13 : 0896298590
Total Pages : 644 pages
Book Rating : 4.8/5 (962 download)
Download or read book Macroeconomics, agriculture, and food security written by Díaz-Bonilla, Eugenio and published by Intl Food Policy Res Inst. This book was released on 2015-10-27 with total page 644 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why write a book on macroeconomic policies and their links to agriculture and food security in developing countries? The food price spikes of the years just prior to 2010 and the economic, political, and social dislocations they generated refocused the attention of policymakers and development practitioners on the agricultural sector and food security concerns. But even without those traumatic events, the importance of agriculture for developing countries—and for an adequate functioning of the world economy— cannot be denied. First, although declining over time, primary agriculture still represents important percentages of developing countries’ overall domestic production, exports, and employment. If agroindustrial, transportation, commercial, and other related activities are also counted, then the economic and social importance of agriculture-based sectors increases significantly. Furthermore, large numbers of the world’s poor still live in rural areas and work in agriculture. Through the links via production, trade, employment, and prices, agricultural production is also crucial for national food security. Second, it has been shown that agriculture in developing countries has important growth and employment multipliers for the rest of the economy, and agriculture seems to have larger positive effects in reducing poverty than growth in other sectors. Third, agriculture is not only important for individual developing countries, but it has global significance, considering the large presence of developing countries in world agricultural production and the increasing participation in international trade of those products (these three points will be covered in greater detail in Chapter 1).
Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
ISBN 13 : 1498334474
Total Pages : 59 pages
Book Rating : 4.4/5 (983 download)
Download or read book Food and Fuel Prices - Recent Developments, Macroeconomic Impact, and Policy Responses written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2008-06-30 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides a first broad assessment of the impact of the surge in food and fuel prices on the balance of payments, budgets, prices, and poverty of a large sample of countries. It reviews countries’ macroeconomic policy responses to date and also discusses Fund advice for managing the price increases. Policies should (i) ensure that food and finance reaches the most affected countries as quickly as possible, (ii) include targeted and scaled-up social measures, and (iii) avoid high costs in terms of macroeconomic instability or loss in future agricultural production. Collaborating with international partners, the Fund also stands ready to provide balance of payments assistance. As the paper presents an initial assessment of a still-evolving situation, the somewhat tentative nature of the analysis should be borne in mind.
Author : Sachin Kumar Sharma
Publisher : Springer
ISBN 13 : 9811021791
Total Pages : 243 pages
Book Rating : 4.8/5 (11 download)
Download or read book The WTO and Food Security written by Sachin Kumar Sharma and published by Springer. This book was released on 2016-09-28 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the public stockholding policies of selected developing countries from the perspective of WTO rules and assesses whether the provisions of the Agreement on Agriculture (AoA) could hamper these countries’ efforts to address the challenges of food security. Further, it highlights the need to amend the provisions of the AoA to make WTO rules just and fair for the millions of people suffering from hunger and malnutrition in developing countries. This book highlights that 12 countries namely China, Egypt, India, Indonesia, Jordan, Kenya, Morocco, Pakistan, Tunisia, Turkey, Zambia and Zimbabwe are facing or will face problems in implementing the food security policies due to the provisions under AoA. These provisions need to be amended for permitting developing countries to address hunger and undernourishment. Progress in WTO negotiations on public stockholding for food security purposes are also discussed and analysed. The findings of this study greatly benefit trade negotiators, policymakers, civil society, farmers groups, researchers, students and academics interested in issues related to the WTO, agriculture and food security.
Author : Mr.David Coady
Publisher : International Monetary Fund
ISBN 13 : 1513501399
Total Pages : 25 pages
Book Rating : 4.5/5 (135 download)
Download or read book The Unequal Benefits of Fuel Subsidies Revisited written by Mr.David Coady and published by International Monetary Fund. This book was released on 2015-11-25 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding who benefits from fuel price subsidies and the welfare impact of increasing fuel prices is key to designing, and gaining public support for, subsidy reform. This paper updates evidence for developing countries on the magnitude of the welfare impact of subsidy reform and its distribution across income groups, incorporating more recent studies and expanding the number of countries. These studies confirm that a very large share of benefits from price subsidies goes to high-income households, further reinforcing existing income inequalities. The results can also help to approximate the welfare impact of subsidy reform for countries where the data necessary for such an analysis is not available.
Author : Kathy Amanda Lindert
Publisher :
ISBN 13 :
Total Pages : 470 pages
Book Rating : 4.:/5 (56 download)
Download or read book Quality Differentiation and the Self-targeting of Food Subsidies in Developing Countries written by Kathy Amanda Lindert and published by . This book was released on 1995 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Per Pinstrup-Andersen
Publisher : Oxford University Press (UK)
ISBN 13 : 0198718578
Total Pages : 545 pages
Book Rating : 4.1/5 (987 download)
Download or read book Food Price Policy in an Era of Market Instability written by Per Pinstrup-Andersen and published by Oxford University Press (UK). This book was released on 2015 with total page 545 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 2006, global food prices have fluctuated greatly around an increasing trend and price spikes were observed for key food commodities such as rice, wheat, and maize.
Author : Mr.Emre Alper
Publisher : International Monetary Fund
ISBN 13 : 147556824X
Total Pages : 40 pages
Book Rating : 4.4/5 (755 download)
Download or read book Food Inflation in Sub-Saharan Africa written by Mr.Emre Alper and published by International Monetary Fund. This book was released on 2017-01-18 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes food inflation trends in Sub-Saharan Africa (SSA) from 2000 to 2016 using two novel datasets of disaggregated CPI baskets. Average food inflation is higher, more volatile, and similarly persistent as non-food non-fuel (NF/NF) inflation, especially in low-income countries (LICs) in SSA. We find evidence that food inflation became less persistent from 2009 onwards, related to recent improvements in monetary policy frameworks. We also find that high food prices are driven mainly by non-tradable food in SSA and there is incomplete pass-through from world food and fuel prices and exchange rates to domestic food prices. Taken together, these finding suggest that central banks in low-income countries with high and persistent food inflation should continue to pay attention to headline inflation to anchor inflation expectations. Other policy levers include reducing tariffs and improving storage and transport infrastructure to reduce food pressures.
Author : D. Gale Johnson
Publisher : CRC Press
ISBN 13 : 1000233421
Total Pages : 337 pages
Book Rating : 4.0/5 (2 download)
Download or read book The Role Of Markets In The World Food Economy written by D. Gale Johnson and published by CRC Press. This book was released on 2019-07-11 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book extends the discussion of world food problems by giving explicit recognition to the potential role of markets. The authors highlight the contribution of prices to the solution of food problems in low-income countries, for example, by providing adequate incentives to farmers to expand production, assuring that food supplies can be obtained through trade when needed and giving appropriate signals to consumers. They also document the negative effects on food supply and national welfare of the actual price policies of many Third World governments. While recognizing the problems involved in defining and measuring hunger, as well as in improving the food supply, the authors consider the outlook for future food availability as favorable in terms of continued modest improvement in per capita food supplies at prices, adjusted for inflation, that are likely to continue the slow decline of recent decades. One focus of their comments is the positive roles that governments can and should play in the world food economy, especially in support of research, creation of human capital, and provision of appropriate rural infrastructure.
Author : World Bank
Publisher :
ISBN 13 :
Total Pages : 88 pages
Book Rating : 4.:/5 (31 download)
Download or read book Poverty and Hunger written by World Bank and published by . This book was released on 1986 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: Food security means access by all people at all times to enough food for an active and healthy life. Available data suggest that more than 700 million people in the developing world lack the food necessary for such a life. No problem of underdevelopment may be more serious or have such important implications for the long-term growth of low-income countries. This report outlines the nature and extent of food security problems in developing countries, explores the policy options available to these countries in addressing these problems, and indicates what international institutions such as the World Bank can and should do to help countries solve their food security problems. It suggests ways to achieve the desired goal in cost-effective ways. It also identifies policies that waste economic resources and fail to reach the target groups. (BZ)
