Poverty impacts of food price shocks and policies

In the event of large swings in world food prices, countries often intervene to dampen the impact of international food price spikes on domestic prices and lessen the burden of adjustment on vulnerable population groups. Although individual countries can succeed in insulating their domestic markets...

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Detalles Bibliográficos
Autores principales: Laborde Debucquet, David, Lakatos, Csilla, Martin, Will
Formato: Capítulo de libro
Lenguaje:Inglés
Publicado: World Bank 2019
Materias:
Acceso en línea:https://hdl.handle.net/10568/145583
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author Laborde Debucquet, David
Lakatos, Csilla
Martin, Will
author_browse Laborde Debucquet, David
Lakatos, Csilla
Martin, Will
author_facet Laborde Debucquet, David
Lakatos, Csilla
Martin, Will
author_sort Laborde Debucquet, David
collection Repository of Agricultural Research Outputs (CGSpace)
description In the event of large swings in world food prices, countries often intervene to dampen the impact of international food price spikes on domestic prices and lessen the burden of adjustment on vulnerable population groups. Although individual countries can succeed in insulating their domestic markets from short-term fluctuations in global food prices, the collective intervention of many countries exacerbates the volatility of world prices. Insulating policies introduced during the 2010-11 food price spike accounted for 40 percent of the increase in the world price of wheat and 25 percent of the increase in the world price of maize. Combined with government policy responses, the 2010-11 food price spike increased global poverty by 1 percent or 8.3 million people.
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spelling CGSpace1455832024-10-25T08:04:21Z Poverty impacts of food price shocks and policies Laborde Debucquet, David Lakatos, Csilla Martin, Will foods globalization policies markets trade policies trade food prices poverty prices In the event of large swings in world food prices, countries often intervene to dampen the impact of international food price spikes on domestic prices and lessen the burden of adjustment on vulnerable population groups. Although individual countries can succeed in insulating their domestic markets from short-term fluctuations in global food prices, the collective intervention of many countries exacerbates the volatility of world prices. Insulating policies introduced during the 2010-11 food price spike accounted for 40 percent of the increase in the world price of wheat and 25 percent of the increase in the world price of maize. Combined with government policy responses, the 2010-11 food price spike increased global poverty by 1 percent or 8.3 million people. 2019-12-09 2024-06-21T09:04:42Z 2024-06-21T09:04:42Z Book Chapter https://hdl.handle.net/10568/145583 en Open Access World Bank Laborde Debucquet, David; Lakatos, Csilla; and Martin, Will. 2019. Poverty impacts of food price shocks and policies. In Inflation in Emerging and Developing Economies : Evolution, Drivers and Policies, eds. Jongrim Ha; M. Ayhan Kose; and Franziska Ohnsorge. Part C: Inflation: Low-Income Country Considerations, Chapter 7, Pp. 371-401. https://openknowledge.worldbank.org/handle/10986/30657
spellingShingle foods
globalization
policies
markets
trade policies
trade
food prices
poverty
prices
Laborde Debucquet, David
Lakatos, Csilla
Martin, Will
Poverty impacts of food price shocks and policies
title Poverty impacts of food price shocks and policies
title_full Poverty impacts of food price shocks and policies
title_fullStr Poverty impacts of food price shocks and policies
title_full_unstemmed Poverty impacts of food price shocks and policies
title_short Poverty impacts of food price shocks and policies
title_sort poverty impacts of food price shocks and policies
topic foods
globalization
policies
markets
trade policies
trade
food prices
poverty
prices
url https://hdl.handle.net/10568/145583
work_keys_str_mv AT labordedebucquetdavid povertyimpactsoffoodpriceshocksandpolicies
AT lakatoscsilla povertyimpactsoffoodpriceshocksandpolicies
AT martinwill povertyimpactsoffoodpriceshocksandpolicies