Food Price Increases and Net Food Importing Countries : Lessons from the Recent Past

dc.creatorNg, Francis
dc.creatorAksoy, M. Ataman
dc.date2012-03-30T07:29:50Z
dc.date2012-03-30T07:29:50Z
dc.date2008
dc.date.accessioned2026-07-01T01:09:50Z
dc.descriptionRecent increases in food and other commodity prices have highlighted concerns that many poor countries are net food importers and higher food prices would worsen their trade balances. In this article, we analyze the changes in food trade balances associated with the 32% increase in food prices from 2000/2001 to 2004/2005. We find a small deterioration in food trade balances of low-income countries and an improvement in middle-income countries. The deterioration is most severe for countries in conflict and small island states, so attention should be placed first on these countries and on a few very-low-income countries that are also vulnerable. Because low-income countries as a group had much lower agricultural GDP growth rates than middle-income countries, the answers to food vulnerability in low-income countries should probably be addressed within the context of incentives for agricultural production.
dc.identifierAgricultural Economics
dc.identifier01695150
dc.identifierhttps://hdl.handle.net/10986/4808
dc.identifier.urihttp://hdl.handle.net/123456789/415736
dc.languageEN
dc.relationhttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rightsWorld Bank
dc.subjectCountry and Industry Studies of Trade F140
dc.subjectEconomic Development: Agriculture
dc.subjectNatural Resources
dc.subjectEnergy
dc.subjectEnvironment
dc.subjectOther Primary Products O130
dc.subjectInternational Linkages to Development
dc.subjectRole of International Organizations O190
dc.subjectAgriculture: Aggregate Supply and Demand Analysis
dc.subjectPrices Q110
dc.subjectAgriculture in International Trade Q170
dc.titleFood Price Increases and Net Food Importing Countries : Lessons from the Recent Past
dc.titleAgricultural Economics
dc.typeJournal Article
dc.typeArticle de journal
dc.typeArtículo de revista

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