-PDF Download- Anatomy Of A Crisis The Causes And Consequences Of Surging Food Prices EBOOK

Anatomy of a Crisis

Author: Shenggen Fan

Publisher:

Published: 2015

Total Pages:

ISBN-13:

Although the potential causes and consequences of recent increases in international food prices have attracted widespread attention, many existing appraisals are superficial and/or piecemeal. This paper attempts to provide a more comprehensive review of these issues based on the best and most recent research, and includes fresh theoretical and empirical analysis. We first analyze the causes of the current crisis by considering how well standard explanations hold up against relevant economic theory and important stylized facts. Some explanations, especially rising oil prices, the depreciation of the US dollar, biofuel demand, and some commodity-specific explanations, hold up much better than some others. We then provide an appraisal of the likely macro- and microeconomic impacts of the crisis in developing countries. We observe a large gap in the effects of macro and micro factors, and note that when these factors are used to identify the most vulnerable countries, the results often point in different directions. We conclude with a brief discussion of what ought to be learned from this crisis.

The Food and Financial Crises in Sub-Saharan Africa Origins, Impacts and Policy Implications

Author: M. B. Ndulo

Publisher: CABI

Published: 2011

Total Pages: 285

ISBN-13: 9781845939144

DOWNLOAD EBOOK →

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.

The food crisis of 2008

Author: Hovland, Ingeborg

Publisher: Intl Food Policy Res Inst

Published: 2011-07-08

Total Pages: 57

ISBN-13:

DOWNLOAD EBOOK →

This paper aims to document IFPRI’s communications activities during the recent food crisis which peaked in mid-2008. IFPRI’s communications activities during the food crisis were somewhat unusual for the Institute. The communications campaign included IFPRI’s usual avenues, and built on IFPRI’s existing place in the global food policy system, but was unusual in its concerted coordination across all divisions of the Institute, the relatively low number of publications and unusually high engagement with the media, as well as a high number of face-to-face presentations and meetings. All in all the campaign, which arose in response to the policy window that opened up in early and mid-2008, was considered particularly effective, and IFPRI earned the position as one of the “thought leaders” during the crisis.

Mitigating the Nutritional Impacts of the Global Food Price Crisis

Author: Institute of Medicine

Publisher: National Academies Press

Published: 2010-03-10

Total Pages: 201

ISBN-13: 0309151953

DOWNLOAD EBOOK →

In 2007 and 2008, the world witnessed a dramatic increase in food prices. The global financial crisis that began in 2008 compounded the burden of high food prices, exacerbating the problems of hunger and malnutrition in developing countries. The tandem food price and economic crises struck amidst the massive, chronic problem of hunger and undernutrition in developing countries. National governments and international actors have taken a variety of steps to mitigate the negative effects of increased food prices on particular groups. The recent abrupt increase in food prices, in tandem with the current global economic crisis, threatens progress already made in these areas, and could inhibit future efforts. The Institute of Medicine held a workshop, summarized in this volume, to describe the dynamic technological, agricultural, and economic issues contributing to the food price increases of 2007 and 2008 and their impacts on health and nutrition in resource-poor regions. The compounding effects of the current global economic downturn on nutrition motivated additional discussions on these dual crises, their impacts on the nutritional status of vulnerable populations, and opportunities to mitigate their negative nutritional effects.

Intra-household Resource Allocation when Food Prices Soar: Impacts on Child Growth in Indonesia

Author: Futoshi Yamauchi

Publisher: Intl Food Policy Res Inst

Published: 2019-09-20

Total Pages: 24

ISBN-13:

DOWNLOAD EBOOK →

An unanticipated spike in food prices can increase malnutrition among the poor with lasting consequences, but parents can protect the most vulnerable within the family by distributing scarce food to minimize adverse impacts. To find evidence of this strategy, we use anthropometric and consumption data from Indonesia, collected before and after the 2007/08 food price crisis. Our results indicate that soaring food prices had a significant and uneven impact on growth among children. Using household fixed effects, we find that the negative impact was significantly larger among larger children, as measured by the initial height z-score. We find that children with low height z-scores at the start of the crisis gained ground relative to their peers during the crisis, consistent with food-resource allocations in their favor. The findings remain robust when controlling for possible differential impacts by gender, family size and food producer status. We conclude that the food price crises had negative long-term impacts on children, and that parental behavior protected the most vulnerable. For Indonesian policy makers, our results indicate that safeguarding family food security should be a priority when targeting specific groups of children is difficult.

Food

Author: Jennifer Clapp

Publisher: Polity

Published: 2012

Total Pages: 233

ISBN-13: 074564936X

DOWNLOAD EBOOK →

Food is one of the most basic resources that humans need for daily survival. Forty percent of the world’s population gains a livelihood from agriculture and we all consume food. Yet control over this fundamental resource is concentrated in relatively few hands. The 2008 food price crisis illustrated both the volatility and vulnerability built into the current global food system; at the height of the crisis, the number of hungry people on the planet climbed to over 1 billion. At the same time, there are serious ecological consequences that stem from an increasingly industrial model of agriculture that has spread worldwide. This book aims to contribute to a fuller understanding of the forces that influence and shape the current global food system. Author Jennifer Clapp explores how corporate control, inequitable international agricultural trade rules, and the financialization of farm commodities have each had a fundamental influence on the practices that dominate today’s global food system. By contrast, farmers and consumers, particularly in the developing world, have had little voice to change the rules of the game. But movements are emerging to challenge the dominant global system. The extent to which these alternative movements can displace it, however, remains to be seen.

Surviving the Global Financial and Economic Downturn

Author: Hossein Jalilian

Publisher: Institute of Southeast Asian Studies

Published: 2014-03-12

Total Pages: 267

ISBN-13: 9814459666

DOWNLOAD EBOOK →

The global financial and economic shock of 2007-09 is the third major economic crisis to have buffeted Cambodia in its post-conflict period, coming in the wake of the food crisis of 2007-08 and just a decade after the Asian financial crisis of 1997-98 (the "triple crises"). Cambodia's post-conflict history can be divided into two periods: 1991-98, referred to as the early phase of transition during which the first of the triple crises, the Asian financial crisis, occurred; and 1998 to the present, the late phase of transition during which the food and economic shocks transpired. A stocktake of the developments in Cambodia's post-conflict history suggests that the country has come a long way in reinstituting the foundations of a capitalist economic and procedural democracy but has yet to make significant headway in economic sophistication and substantive democracy. The triple crises were different, yet had similar characteristics. They were all exogenously-driven shocks with their own specific causes but their effects were shaped by the country's situation at the time. In terms of magnitude of impact, the global financial and economic downturn was the worst of the three crises. That it caused the first ever growth contraction in the post-conflict period was sufficient rationale for the series of studies that substantiate this book. Like the two shocks that preceded it however, the way it impacted on Cambodia cannot be understood in isolation from the overall post-conflict milieu. The thesis here is not that endogenous factors caused the crisis. It is simply that endogenous factors shaped the impact of the crisis and a historical, as opposed to a static, analysis better illuminates the nature of the impact. This book is an in-depth comprehensive examination of the impact of the global financial and economic crisis on Cambodia. It probes into the effects of the shock at macro, sectoral and micro levels using qualitative and quantitative techniques.