Food Price Policy and Equity
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International Food Policy Research Institute
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Policies for food are much more relevant to equity considerations than policies for most other commodities. Not only is food essential for survival, but the poor spend a higher proportion of their income on food than the rich. A change in the price of food has a proportionally greater impact on their real income and welfare. Food also is a source of income for a large proportion of the population in developing countries. Consequently, the focus here is primarily on agricultural pricing, which some claim is a major factor underlying current food problems in Africa.
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food production, conferences, agricultural policies