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Poverty Impacts Of Food Price Increases In Burkina Faso
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Book Synopsis Poverty impacts of food price increases in Burkina Faso by : Minot, Nicholas
Download or read book Poverty impacts of food price increases in Burkina Faso written by Minot, Nicholas and published by Intl Food Policy Res Inst. This book was released on 2023-09-05 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: The prices of many agricultural commodities, including many staple grains, started to increase in mid-2020 partly due to supply chain bottlenecks associated with the outbreak of Covid-19. The invasion of Ukraine by Russia in February 2022 caused an additional spike in commodity prices, particularly wheat and maize. This brief estimates the impact of these price increases on poverty in Burkina Faso. It is part of a series of six such briefs that estimate the poverty impact of higher world prices for staple grains. The other briefs cover Kenya, Ethiopia, Niger, Nigeria, and Mali (see Minot and Martin, 2023a and 2023b; Martin and Minot, 2023a, 2023b, and 2023c). We use the same approach in all six country studies. The analysis starts by exploring the effect of the rise in international grain prices on the real price of selected grains in the domestic markets of the country. Next, we estimate the impact of the changes in domestic grain prices on the real income of each household in a nationally representative survey, taking into account the importance of the commodities in consumption and as a source of income for each household. Finally, changes in headcount poverty (the share of people living below the poverty line) are estimated 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. The methods are described in more detail in a method brief.
Book Synopsis Poverty Impacts of Food Price Increases in Burkina Faso by : Nicholas Minot
Download or read book Poverty Impacts of Food Price Increases in Burkina Faso written by Nicholas Minot and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This note is part of Quality testing.
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 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 Poverty impacts of food price increases in Nigeria by : Minot, Nicholas
Download or read book Poverty impacts of food price increases in Nigeria written by Minot, Nicholas and published by Intl Food Policy Res Inst. This book was released on 2023-09-05 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: The prices of staple grains on international markets began to rise in mid-2020 in response to higher fertilizer prices and supply constraints associated with the Covid-19 pandemic. They further spiked in early 2022 following the invasion of Ukraine by Russia. This brief examines the impact of these events on poverty in Nigeria. It is part of a series of six such briefs that estimate the poverty impact of higher world prices for staple grains. The other briefs cover Kenya, Ethiopia, Burkina Faso, Niger and Mali (see Minot and Martin, 2023a and 2023b; Martin and Minot, 2023a, 2023b, and 2023c). The methodological approach is similar in all six country studies. First, we examine the effect of the increases 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 Poverty impacts of food price increases in Mali by : Minot, Nicholas
Download or read book Poverty impacts of food price increases in Mali 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: Because of low incomes and associated large shares of expenditure on food, Mali is potentially very vulnerable to sharp increases in the prices of key grain staples such as maize and wheat. A first step in understanding the impacts of changes in the prices of these products is to examine developments in their prices on world markets. After a long period of relatively stable prices on world markets, the prices of key food staples began to rise during 2020. This period of price increases, spanning the COVID-19 pandemic and then the price shocks following Russia’s invasion of Ukraine raised serious concerns about the welfare of poor people in countries such as Mali.
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 Poverty Impacts of Food Price Increases in Mali by : Nicholas Minot
Download or read book Poverty Impacts of Food Price Increases in Mali written by Nicholas Minot and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This note is part of Quality testing.
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 339 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 Poverty Impacts of Food Price Increases in Niger by : Nicholas Minot
Download or read book Poverty Impacts of Food Price Increases in Niger written by Nicholas Minot and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This note is part of Quality testing.
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 Food inflation, poverty, and urbanization by : Derek D. Headey
Download or read book Food inflation, poverty, and urbanization written by Derek D. Headey and published by Intl Food Policy Res Inst. This book was released on 2022-09-02 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: After a long secular decline in the 20th century, food prices spiked sharply in 2007-08, 2010-11 and again in 2021-22. While often termed “food crises”, economists disagree on whether rising food prices increase or decrease poverty: poor people have high food expenditure shares but also produce and sell food, and higher food prices trigger food supply responses and growth in rural wages. One limitation of previous econometric studies is their focus on medium-run multi-year impacts, even though simulation analyses typically find negative impacts in the short run. In this study we therefore construct and analyze a novel short run panel of annual poverty and food price data for 33 middle income countries (MICs) over 2000-2019. Using standard panel data techniques, we find that increases in the real price of food predict reductions in $3.20/day poverty in less urbanized countries but increases in poverty in the most urbanized MICs.
Book Synopsis The Food and Financial Crises in Sub-Saharan Africa Origins, Impacts and Policy Implications by : M. B. Ndulo
Download or read book The Food and Financial Crises in Sub-Saharan Africa Origins, Impacts and Policy Implications written by M. B. Ndulo and published by CABI. This book was released on 2011 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dramatic increases in food prices, as witnessed on a global scale in recent years, threaten the food security of hundreds of millions of the rural poor in Sub-Saharan Africa alone. This book focuses on recent food and financial crises as they have affected Africa, illustrating the problems using country case studies, that cover their origins, effects on agriculture and rural poverty, their underlying factors and making recommendations as to how such crises could best be addressed in the future.
Book Synopsis Burkina Faso by : Javier Arze del Granado
Download or read book Burkina Faso written by Javier Arze del Granado and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis From bad to worse: Poverty impacts of food availability responses to weather shocks in Zambia by : Koo, Jawoo
Download or read book From bad to worse: Poverty impacts of food availability responses to weather shocks in Zambia written by Koo, Jawoo and published by Intl Food Policy Res Inst. This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Since Amartya Sen’s famous work on Poverty and Famines, economists have understood that policy responses to food market shocks should be guided by changes in households’ incomes and access to food, rather than by overall food availability. Perhaps because the household-level impacts are not directly observable, many policy makers have continued to rely on availability-oriented policies such as export bans. In the Zambia case considered in this paper, export bans imposed in response to an El Niño event exacerbated the poverty problems resulting from the output shock. The combination of household-level data and crop models used in this paper allows us to assess the impacts of weather and price shocks at the household level, and hence to evaluate the suitability of availability-based policies for dealing with weather shocks. These analytical techniques are also useful in identifying the households and regions adversely affected by food output shocks, and hence in designing policies to improve poor consumers’ access to food.
Book Synopsis Potential Impact of Higher Food Prices on Poverty by :
Download or read book Potential Impact of Higher Food Prices on Poverty written by and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "Concerns have been raised about the impact of rising food prices worldwide on the poor. To assess the impact of rising food prices in any particular country it is necessary to look at both the impact on food producers who are poor or near-poor and could benefit from an increase in prices and food consumers who are poor or near-poor and would loose out when the price increases. In most West and Central African countries, the sign (positive or negative) of the impact is not ambiguous because a substantial share of food consumption is imported, so that the negative impact for consumers is larger than the positive impact for net sellers of locally produced foods. Yet even if the sign of the impact is clear, its magnitude is not. Using a set of recent and comprehensive household surveys, this paper summarizes findings from an assessment of the potential impact of higher food prices on the poor in a dozen countries. Rising food prices for rice, wheat, maize, and other cereals as well as for milk, sugar and vegetable oils could lead to a substantial increase in poverty in many of the countries. At the same time, the data suggest that the magnitude of the increase in poverty between different countries is likely to be different. Finally, the data suggest that a large share of the increase in poverty will consist of deeper levels of poverty among households who are already poor, even if there will also be a larger number of poor households in the various countries."--World Bank web site.
Book Synopsis Potential Impact of Higher Food Prices on Poverty by : Quentin T. Wodon
Download or read book Potential Impact of Higher Food Prices on Poverty written by Quentin T. Wodon and published by . This book was released on 2016 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Concerns have been raised about the impact of rising food prices worldwide on the poor. To assess the impact of rising food prices in any particular country it is necessary to look at both the impact on food producers who are poor or near-poor and could benefit from an increase in prices and food consumers who are poor or near-poor and would loose out when the price increases. In most West and Central African countries, the sign (positive or negative) of the impact is not ambiguous because a substantial share of food consumption is imported, so that the negative impact for consumers is larger than the positive impact for net sellers of locally produced foods. Yet even if the sign of the impact is clear, its magnitude is not. Using a set of recent and comprehensive household surveys, this paper summarizes findings from an assessment of the potential impact of higher food prices on the poor in a dozen countries. Rising food prices for rice, wheat, maize, and other cereals as well as for milk, sugar and vegetable oils could lead to a substantial increase in poverty in many of the countries. At the same time, the data suggest that the magnitude of the increase in poverty between different countries is likely to be different. Finally, the data suggest that a large share of the increase in poverty will consist of deeper levels of poverty among households who are already poor, even if there will also be a larger number of poor households in the various countries.
