Global Food-Price Shocks and Poor People

Global Food-Price Shocks and Poor People PDF

Author: Marc J. Cohen

Publisher: Routledge

Published: 2014-06-11

Total Pages: 510

ISBN-13: 1317979060

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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.

Food Price Volatility and Its Implications for Food Security and Policy

Food Price Volatility and Its Implications for Food Security and Policy PDF

Author: Matthias Kalkuhl

Publisher: Springer

Published: 2016-04-12

Total Pages: 626

ISBN-13: 3319282018

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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.

Global Food-Price Shocks and Poor People

Global Food-Price Shocks and Poor People PDF

Author: Marc J. Cohen

Publisher: Routledge

Published: 2014-06-11

Total Pages: 339

ISBN-13: 1317979079

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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.

Food Price Shocks and the Political Economy of Global Agricultural and Development Policy

Food Price Shocks and the Political Economy of Global Agricultural and Development Policy PDF

Author: Johan Swinnen

Publisher:

Published: 2014

Total Pages:

ISBN-13:

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The recent spikes of global food prices induced a rapid increase in mass media coverage, public policy attention, and donor funding for food security, and for agriculture and rural poverty. This has occurred while the shift from "low" to "high" food prices has induced a shift in (demographic or social) "location" of the hunger and poverty effects, but the total number of undernourished and poor people have declined over the same period. We discuss whether the observed pattern can be explained by the presence of a "global urban bias" on agriculture and food policy in developing countries, and whether this "global urban bias" may actually benefit poor farmers. We argue that the food price spikes appear to have succeeded where others have failed in the past: to move the problems of poor and hungry farmers to the top of the policy agenda and to induce development and donor strategies to help them.

The Global Food Crisis

The Global Food Crisis PDF

Author: Jennifer Clapp

Publisher: Wilfrid Laurier Univ. Press

Published: 2009-09-30

Total Pages: 289

ISBN-13: 1554581982

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The global food crisis is a stark reminder of the fragility of the global food system. The Global Food Crisis: Governance Challenges and Opportunities captures the debate about how to go forward and examines the implications of the crisis for food security in the world’s poorest countries, both for the global environment and for the global rules and institutions that govern food and agriculture. In this volume, policy-makers and scholars assess the causes and consequences of the most recent food price volatility and examine the associated governance challenges and opportunities, including short-term emergency responses, the ecological dimensions of the crisis, and the longer-term goal of building sustainable global food systems. The recommendations include vastly increasing public investment in small-farm agriculture; reforming global food aid and food research institutions; establishing fairer international agricultural trade rules; promoting sustainable agricultural methods; placing agriculture higher on the post-Kyoto climate change agenda; revamping biofuel policies; and enhancing international agricultural policy-making. Co-published with the Centre for International Governance Innovation

Mitigating the Nutritional Impacts of the Global Food Price Crisis

Mitigating the Nutritional Impacts of the Global Food Price Crisis PDF

Author: Institute of Medicine

Publisher: National Academies Press

Published: 2010-03-10

Total Pages: 201

ISBN-13: 0309151953

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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.

Income Versus Prices: How Does The Business Cycle Affect Food (In)-Security?

Income Versus Prices: How Does The Business Cycle Affect Food (In)-Security? PDF

Author: Mr. Christian Bogmans

Publisher: International Monetary Fund

Published: 2021-09-24

Total Pages: 40

ISBN-13: 155775246X

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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.

implications of higher global food prices for poverty in low-income countries

implications of higher global food prices for poverty in low-income countries PDF

Author: Maros Ivanic

Publisher: World Bank Publications

Published: 2008

Total Pages: 57

ISBN-13:

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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.

Food prices and poverty reduction in the long run

Food prices and poverty reduction in the long run PDF

Author: Headey, Derek D.

Publisher: Intl Food Policy Res Inst

Published:

Total Pages: 32

ISBN-13:

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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.

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