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Implications Of Higher Global Food Prices For Poverty In Low Income Countries
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Book Synopsis implications of higher global food prices for poverty in low-income countries by : Maros Ivanic
Download or read book implications of higher global food prices for poverty in low-income countries written by Maros Ivanic and published by World Bank Publications. This book was released on 2008 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: In many poor countries, the recent increases in prices of staple foods raise the real incomes of those selling food, many of whom are relatively poor, while hurting net food consumers, many of whom are also relatively poor. The impacts on poverty will certainly be very diverse, but the average impact on poverty depends upon the balance between these two effects, and can only be determined by looking at real-world data. Results using household data for ten observations on nine low-income countries show that the short-run impacts of higher staple food prices on poverty differ considerably by commodity and by country, but, that poverty increases are much more frequent, and larger, than poverty reductions. The recent large increases in food prices appear likely to raise overall poverty in low income countries substantially.
Book Synopsis Implications of Higher Global Food Prices for Poverty in Low-Income Countries by : Maros Ivanic
Download or read book Implications of Higher Global Food Prices for Poverty in Low-Income Countries written by Maros Ivanic and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In many poor countries, the recent increases in prices of staple foods raise the real incomes of those selling food, many of whom are relatively poor, while hurting net food consumers, many of whom are also relatively poor. The impacts on poverty will certainly be very diverse, but the average impact on poverty depends upon the balance between these two effects, and can only be determined by looking at real-world data. Results using household data for ten observations on nine low-income countries show that the short-run impacts of higher staple food prices on poverty differ considerably by commodity and by country, but, that poverty increases are much more frequent, and larger, than poverty reductions. The recent large increases in food prices appear likely to raise overall poverty in low income countries substantially.
Book Synopsis Global Food-Price Shocks and Poor People by : Marc J. Cohen
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.
Book Synopsis Food prices and poverty reduction in the long run by : Headey, Derek D.
Download or read book Food prices and poverty reduction in the long run written by Headey, Derek D. and published by Intl Food Policy Res Inst. This book was released on with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Standard microeconomic methods consistently suggest that, in the short run, higher food prices increase poverty in developing countries. In contrast, macroeconomic models that allow for an agricultural supply response and consequent wage adjustments suggest that the poor ultimately benefit from higher food prices. In this paper we use international data to systematically test the relationship between changes in domestic food prices and changes in poverty. We find robust evidence that in the long run (one to five years) higher food prices reduce poverty and inequality. The magnitudes of these effects vary across specifications and are not precisely estimated, but they are large enough to suggest that the recent increase in global food prices has significantly accelerated the rate of global poverty reduction.
Book Synopsis Are Low Food Prices Pro-poor? by : M. Ataman Aksoy
Download or read book Are Low Food Prices Pro-poor? written by M. Ataman Aksoy and published by World Bank Publications. This book was released on 2008 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: There is a general consensus that most of the poor in developing countries are net food buyers and food price increases are bad for the poor. This could be expected of urban poor, but it is also often attributed to the rural poor. Recent food price increases have increased the importance of this issue, and the possible policy responses to these price increases. This paper examines the characteristics of net food sellers and buyers in nine low-income countries. Although the largest share of poor households are found to be net food buyers, almost 50 percent of net food buyers are marginal net food buyers who would not be significantly affected by food price increases. Only three of the nine countries examined exhibited a substantial proportion of vulnerable households. The average incomes (as measured by expenditure) of net food buyers were found to be higher than net food sellers in eight of the nine countries examined. Thus, food price increases, ceteris paribus, would transfer income from generally higher income net food buyers to poorer net food sellers. The analysis also finds that the occupations and income sources of net sellers and buyers in rural areas are significantly different. In rural areas where food production is the main activity and where there are limited non-food activities, the incomes of net buyers might depend on the incomes and farming activities of net food sellers. These results suggest the need for reevaluation of the consensus on the impact of food prices on food needs. Further work on the regional differences, and more important, on the second order effects, are necessary to answer these questions more precisely. Only on the basis of further analysis can we start generating better policy responses.
Book Synopsis Food Prices and Rural Poverty by : Centre for Economic Policy Research
Download or read book Food Prices and Rural Poverty written by Centre for Economic Policy Research and published by CEPR. This book was released on 2010-11-15 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: The impact of price developments on world food markets on poor households in developing countries is an important policy question. Who gains and who loses from agricultural commodity price changes depends on the specific circumstances of households, and, at the level of nations, on the structure of production and trade. The contributions to this volume review trends in international prices and trade patterns of key food commodities, and assess the incidence of food price changes in a number of developing countries using household level data on sources of incomes and consumption patterns.
Book Synopsis Methods used to estimate the poverty impact of increases in international food prices by : Minot, Nicholas
Download or read book Methods used to estimate the poverty impact of increases in international food prices written by Minot, Nicholas and published by Intl Food Policy Res Inst. This book was released on 2023-10-12 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: The prices of agricultural commodities have increased on international markets since the outbreak of the Covid-19 pandemic in early 2020 and spiked after the invasion of Ukraine by Russia in February 2022. The price increases were particularly notable in the case of wheat, maize, and sorghum, which are staple foods in many developing countries. This prompted a wave of research to better understand the effect of these price changes on income and poverty in low-income countries. IFPRI carried out a set of country studies to explore the poverty impact of higher staple grain prices on six countries in sub-Saharan Africa: Mali, Burkina Faso, Niger, Nigeria, Kenya, and Ethiopia (see Martin and Minot, 2023a, 2023b, and 2023c and Minot and Martin, 2023a, 2023b, and 2023c). This brief describes the methods and data used in those studies.
Book Synopsis Food Price Volatility and Its Implications for Food Security and Policy by : Matthias Kalkuhl
Download or read book Food Price Volatility and Its Implications for Food Security and Policy written by Matthias Kalkuhl and published by Springer. This book was released on 2016-04-12 with total page 626 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides fresh insights into concepts, methods and new research findings on the causes of excessive food price volatility. It also discusses the implications for food security and policy responses to mitigate excessive volatility. The approaches applied by the contributors range from on-the-ground surveys, to panel econometrics and innovative high-frequency time series analysis as well as computational economics methods. It offers policy analysts and decision-makers guidance on dealing with extreme volatility.
Book Synopsis Poverty impacts of food price increases in Niger by : Minot, Nicholas
Download or read book Poverty impacts of food price increases in Niger written by Minot, Nicholas and published by Intl Food Policy Res Inst. This book was released on 2023-09-05 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: The prices of staple grains began rising in mid-2020, reflecting higher fertilizer prices and the supply chain bottlenecks caused by the outbreak of Covid-19, and increased sharply following the Russian invasion of Ukraine in early 2022. How have these dramatic increases in world prices of cereals affected poverty in low-income countries? This brief estimates the impact of higher world grain prices on poverty in Niger. Other briefs in this series examine the impact of higher food prices on poverty in Kenya, Ethiopia, Nigeria, Burkina Faso, and Mali (see Minot and Martin, 2023a and 2023b; Martin and Minot, 2023a, 2023b, and 2023c). All six studies use a similar approach. First, we examine the effect of the rise in international cereal prices on the real price of key grains in the domestic markets of the country. Second, we estimate the impact of the changes in domestic grain prices on the real income of each household using nationally-representative survey data, taking into account the importance of the commodities in consumption and as a source of income for each household. Finally, we estimate the changes in headcount poverty (the share of people living below the poverty line) based on the changes in real income for each household in the sample. We focus on the prices of maize, wheat, and sorghum for reasons discussed below.
Book Synopsis Commodity Price Volatility and Inclusive Growth in Low-Income Countries by : Mr.Rabah Arezki
Download or read book Commodity Price Volatility and Inclusive Growth in Low-Income Countries written by Mr.Rabah Arezki and published by International Monetary Fund. This book was released on 2012-10-24 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the years following the global financial crisis, many low-income countries experienced rapid recovery and strong economic growth. However, many are now facing enormous difficulties because of rapidly rising food and fuel prices, with the threat of millions of people being pushed into poverty around the globe. The risk of continued food price volatility is a systemic challenge, and a failure in one country has been shown to have a profound impact on entire regions. This volume addresses the challenges of commodity price volatility for low-income countries and explores some macroeconomic policy options for responding to commodity price shocks. The book then looks at inclusive growth policies to address inequality in commodity-exporting countries, particularly natural resource rich countries. Perspectives from the Middle East and North Africa, sub-Saharan Africa, emerging Asia, and Mexico are presented and, finally, the role of the international donor community is examined. This volume is a must read for policymakers everywhere, from those in advanced, donor countries to those in countries with the poorest and most vulnerable populations.
Book Synopsis Food Prices and Political Instability by : Mr.Rabah Arezki
Download or read book Food Prices and Political Instability written by Mr.Rabah Arezki and published by International Monetary Fund. This book was released on 2011-03-01 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine the effects that variations in the international food prices have on democracy and intra-state conflict using panel data for over 120 countries during the period 1970-2007. Our main finding is that in Low Income Countries increases in the international food prices lead to a significant deterioration of democratic institutions and a significant increase in the incidence of anti-government demonstrations, riots, and civil conflict. In the High Income Countries variations in the international food prices have no significant effects on democratic institutions and measures of intra-state conflict. Our empirical results point to a significant externality of variations in international food prices on Low Income Countries' social and political stability.
Book Synopsis Global Monitoring Report 2012 by : World Bank
Download or read book Global Monitoring Report 2012 written by World Bank and published by World Bank Publications. This book was released on 2012-04-24 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: This year's report summarizes the short- and long-term impact of food prices on several MDGs, explores future trends, and review policy responses, from domestic policies such as social safety nets, nutritional programs and agricultural policies, to regional trade policies to support by the international community.
Book Synopsis The Food Price Crisis and Urban Food (in)security by : Marc J. Cohen
Download or read book The Food Price Crisis and Urban Food (in)security written by Marc J. Cohen and published by IIED. This book was released on 2009 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Double-Edged Prices : Lessons from the food price crisis: 10 actions developing countries should take by : Teresa Cavero
Download or read book Double-Edged Prices : Lessons from the food price crisis: 10 actions developing countries should take written by Teresa Cavero and published by Oxfam. This book was released on with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Income Versus Prices: How Does The Business Cycle Affect Food (In)-Security? by : Mr. Christian Bogmans
Download or read book Income Versus Prices: How Does The Business Cycle Affect Food (In)-Security? written by Mr. Christian Bogmans and published by International Monetary Fund. This book was released on 2021-09-24 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study how two aspects of food insecurity - caloric insufficiency and diet composition - are affected by aggregate economic fluctuations. The use of cross-country panel data allows us to adopt a global prospective on the identification of the macroeconomic determinants of food insecurity. Income shocks are the most relevant driver of food insecurity, displaying high elasticities at the early stages of economic development. The role of food price shocks is more limited. Social protection has a direct effect and mitigates the impact of income shocks. Effects are highly heterogeneous across a range of structural characteristics of the economy, highlighting the role of distributional aspects and of food import dependency.
Book Synopsis The World Food Situtation by : Joachim von Braun
Download or read book The World Food Situtation written by Joachim von Braun and published by Intl Food Policy Res Inst. This book was released on 2007 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world food situation is currently being rapidly redefined by new driving forces. Income growth, climate change, high energy prices, globalization, and urbanization are transforming food consumption, production, and markets. The influence of the private sector in the world food system, especially the leverage of food retailers, is also rapidly increasing. Changes in food availability, rising commodity prices, and new producer-consumer linkages have crucial implications for the livelihoods of poor and food-insecure people. Analyzing and interpreting recent trends and emerging challenges in the world food situation is essential in order to provide policymakers with the necessary information to mobilize adequate responses at the local, national, regional, and international levels. It is also critical for helping to appropriately adjust research agendas in agriculture, nutrition, and health. Not surprisingly, renewed global attention is being given to the role of agriculture and food in development policy, as can be seen from the World Bank's World Development Report, accelerated public action in African agriculture under the New Partnership for Africa's Development (NEPAD), and the Asian Development Bank's recent initiatives for more investment in agriculture, to name just a few examples.
Book Synopsis Global Food Security Challenges for the Food and Agricultural System by : OECD
Download or read book Global Food Security Challenges for the Food and Agricultural System written by OECD and published by OECD Publishing. This book was released on 2013-06-19 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study is concerned with how changes to the world’s food and agriculture system can contribute to improvements in global food security.
