How volatile are African food prices?

Instability in the price of staple foods is an important source of risk in developing countries. This is particularly true in Africa south of the Sahara because of the low incomes of many African households. Poor urban households allocate a large share of their income to food, so food price volatili...

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Detalles Bibliográficos
Autor principal: Minot, Nicholas
Formato: Brief
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2013
Materias:
Acceso en línea:https://hdl.handle.net/10568/153490
Descripción
Sumario:Instability in the price of staple foods is an important source of risk in developing countries. This is particularly true in Africa south of the Sahara because of the low incomes of many African households. Poor urban households allocate a large share of their income to food, so food price volatility affects their purchasing power. Many poor rural households depend on agriculture for their livelihood, so they too are directly influenced by food price volatility.