Food Prices And Poverty Reduction In The Long Run
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Food Prices And Poverty Reduction In The Long Run
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Author : Headey, Derek D.
language : en
Publisher: Intl Food Policy Res Inst
Release Date :
Food Prices And Poverty Reduction In The Long Run written by Headey, Derek D. and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on with Social Science categories.
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.
Food Inflation Poverty And Urbanization
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Author : Derek D. Headey
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2022-09-02
Food Inflation Poverty And Urbanization written by Derek D. Headey and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-09-02 with Political Science categories.
After a long secular decline in the 20th century, food prices spiked sharply in 2007-08, 2010-11 and again in 2021-22. While often termed “food crises”, economists disagree on whether rising food prices increase or decrease poverty: poor people have high food expenditure shares but also produce and sell food, and higher food prices trigger food supply responses and growth in rural wages. One limitation of previous econometric studies is their focus on medium-run multi-year impacts, even though simulation analyses typically find negative impacts in the short run. In this study we therefore construct and analyze a novel short run panel of annual poverty and food price data for 33 middle income countries (MICs) over 2000-2019. Using standard panel data techniques, we find that increases in the real price of food predict reductions in $3.20/day poverty in less urbanized countries but increases in poverty in the most urbanized MICs.
Food Prices And Inflation In Developing Asia
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Author : Asian Development Bank
language : en
Publisher:
Release Date : 2008
Food Prices And Inflation In Developing Asia written by Asian Development Bank and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Asian Development Bank categories.
"The recent spike in global food prices and the short-sighted policy responses that accentuate volatility in prices threaten to push large numbers of people back below the poverty line--including many millions in developing Asia. Structural forces augmented by adverse cyclical events have put food prices on an upward trajectory that will not end soon. Unless trade is kept open and relative prices are allowed to reflect market scarcity, severe consequences will emerge. In the immediate future, carefully targeted assistance to the poor will be essential--both in terms of food and inputs necessary to increase food production in the coming crop season. A reevaluation of investment priorities and feasibility of agricultural projects must be undertaken in light of these price developments, accompanied by stronger efforts to boost agricultural productivity growth in order to mitigate any longer-term rise in food prices."--Abstract.
Food Security And Poverty In Asia And The Pacific
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Author : Asian Development Bank
language : en
Publisher: Asian Development Bank
Release Date : 2012-04-01
Food Security And Poverty In Asia And The Pacific written by Asian Development Bank and has been published by Asian Development Bank this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-04-01 with Political Science categories.
Ensuring a secure supply of food is essential, given the world's (and especially Asia's) growing population, high and volatile food prices, increasingly scarce resources, and changing environment. This publication discusses the drivers behind food insecurity in Asia and points to ways to mitigate it.
Public Expenditures Growth And Poverty
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Author : Fan, Shenggen
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2008-05-11
Public Expenditures Growth And Poverty written by Fan, Shenggen and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-05-11 with Business & Economics categories.
Public Expenditures, Growth, and Poverty assesses the efficacy of poverty reduction programs in Latin America, Africa, and Asia by synthesizing studies conducted by the International Food Policy Research Institute over the past ten years. Overall, the studies find that investments in agricultural research, infrastructure, and human capital are beneficial in the long term, while food aid and poverty reduction programs have little utility beyond immediately abating hunger and generating short-run income effects. The book develops a conceptual framework for analyzing public expenditures and their short- and long-run impact on poverty through various channels. It surveys spending trends and analyzes the effect of growing public investment on urban and rural poverty through case studies of India, China, Thailand, and Uganda. And it highlights the advantages of directing spending toward public works programs that engage impoverished peoples rather than using the limited aid money on food subsidies and other passive donations. Featuring discussions about the roles of various social safety net programs and a chapter devoted solely to the vexing poverty in sub-Saharan Africa, Public Expenditures, Growth, and Poverty will aid policy makers and encourage further, more analytic study of worldwide poverty reduction programs.
Implications Of Higher Global Food Prices For Poverty In Low Income Countries
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Author : Maros Ivanic
language : en
Publisher:
Release Date : 2012
Implications Of Higher Global Food Prices For Poverty In Low Income Countries written by Maros Ivanic and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.
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.
Impact Of Food Price Changes On Household Welfare In Ghana
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Author : Nicholas Minot
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2013-02-25
Impact Of Food Price Changes On Household Welfare In Ghana written by Nicholas Minot and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-02-25 with Social Science categories.
In the wake of the global food crisis of 200708 and additional price spikes since then, greater attention has been given to the welfare impact of food price increases in developing countries. The standard approach in this type of analysis, proposed by Deaton (1989), is based on income and expenditure data from household surveys. Given the widespread use of this method, it is important to revisit the assumptions behind it and examine the sensitivity of results to those assumptions. In this paper, we explore the distributional impact of higher maize, rice, and food prices in Ghana and analyze the robustness of those results to changes in several key assumptions. The results suggest that higher maize and rice prices have a relatively modest short-term impact on national poverty but significant effects on specific groups of households. As expected, urban households lose from higher grain prices, but a surprisingly large share of rural households also lose because they are net buyers. The results also suggest that the current policy of protecting domestic rice producers with an import tax does not contribute to national poverty reduction, in spite of the fact that rice growers tend to be poor. If we relax the assumption that households do not respond to the higher prices, the effects are more positive or less negative, but only modestly so. On the other hand, if we relax the assumption that producer and consumer prices rise by the same proportion, and instead assume a constant marketing margin, the results change substantially. Because producer prices now rise by a larger proportion than consumer prices, the impact of higher prices is much more positive. These findings highlight the need for more research on the effect of price spikes on marketing margins.
Food Price Volatility And Its Implications For Food Security And Policy
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Author : Matthias Kalkuhl
language : en
Publisher: Springer
Release Date : 2016-04-12
Food Price Volatility And Its Implications For Food Security And Policy written by Matthias Kalkuhl and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-12 with Business & Economics categories.
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.
Poverty Orientated Agricultural And Rural Development
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Author : Hartmut Brandt
language : en
Publisher: Routledge
Release Date : 2006-12-20
Poverty Orientated Agricultural And Rural Development written by Hartmut Brandt and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-12-20 with Social Science categories.
Over the last twenty years the proportion of development cooperation resources earmarked for agricultural development has dwindled to between six and seven per cent of total bi- and multilateral Official Development Assistance. This is despite the fact that eighty per cent of the world's poor live in rural agricultural areas and that the poor are disproportionately affected when political, military and natural events lead to regional or global food shortages. Brandt and Otzen's key book fills a gap in current literature, undertaking a wide-ranging conceptual reorientation of development cooperation, criticizing the current orthodoxy and its bias towards urban areas, and arguing that in order to effectively alleviate poverty across the world, agricultural and rural development measures need to be implemented both by central and subnational governments, aid agencies and the private sector. The authors investigate the world food question, the current pressures it is under and its link to rural poverty, and set out the policies that need to be undertaken to reduce global poverty.
Global Food Price Inflation And Developing Asia
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Author : Asian Development Bank
language : en
Publisher: Asian Development Bank
Release Date : 2011-03-01
Global Food Price Inflation And Developing Asia written by Asian Development Bank and has been published by Asian Development Bank this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-03-01 with Political Science categories.
The specter of high commodity prices has recently reemerged, with global food prices registering a new peak in February 2011, triggered mainly by production shortfalls due to bad weather. The 30% hike in international food prices has translated to an average domestic food price inflation in developing Asia of about 10%. This could push an additional 64.4 million Asians into poverty, or lead to a 1.9 percentage point increase in poverty incidence based on the $1.25-a-day poverty line. The frequency with which food price spikes have occurred in recent years suggests that short- and long-term solutions need to be implemented to secure food supplies for the world's growing population.