Language:
English
Pages:
1 Online-Ressource (circa 34 Seiten)
,
Illustrationen
Series Statement:
Policy research working paper 8724
Series Statement:
World Bank E-Library Archive
Series Statement:
Policy research working paper
Parallel Title:
Erscheint auch als Laborde, David Poverty Impact of Food Price Shocks and Policies
Keywords:
Graue Literatur
Abstract:
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 to lessen the burden of adjustment on vulnerable population groups. While individual countries can succeed at insulating their domestic markets from short-term fluctuations in global food prices, the collective intervention of many countries may exacerbate the volatility of world prices. Insulating policies introduced during the 2010-11 food price spike may have accounted for 40 percent of the increase in the world price of wheat and one-quarter of the increase in the world price of maize. Combined with government policy responses, the 2010-11 food price spike tipped 8.3 million people (nearly 1 percent of the world's poor) into poverty
DOI:
10.1596/1813-9450-8724
URL:
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