Poverty impacts of food price shocks and policies

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dc.creatorLaborde Debucquet, David
dc.creatorLakatos, Csilla
dc.creatorMartin, Will
dc.date2019-12-09
dc.date2024-06-21T09:04:42Z
dc.date2024-06-21T09:04:42Z
dc.date.accessioned2026-06-27T15:34:49Z
dc.descriptionIn 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 lessen the burden of adjustment on vulnerable population groups. Although individual countries can succeed in insulating their domestic markets from short-term fluctuations in global food prices, the collective intervention of many countries exacerbates the volatility of world prices. Insulating policies introduced during the 2010-11 food price spike accounted for 40 percent of the increase in the world price of wheat and 25 percent of the increase in the world price of maize. Combined with government policy responses, the 2010-11 food price spike increased global poverty by 1 percent or 8.3 million people.
dc.identifierhttps://hdl.handle.net/10568/145583
dc.identifier.urihttp://hdl.handle.net/123456789/108432
dc.languageen
dc.publisherWorld Bank
dc.rightsOpen Access
dc.sourceLaborde Debucquet, David; Lakatos, Csilla; and Martin, Will. 2019. Poverty impacts of food price shocks and policies. In Inflation in Emerging and Developing Economies : Evolution, Drivers and Policies, eds. Jongrim Ha; M. Ayhan Kose; and Franziska Ohnsorge. Part C: Inflation: Low-Income Country Considerations, Chapter 7, Pp. 371-401. https://openknowledge.worldbank.org/handle/10986/30657
dc.subjectfoods
dc.subjectglobalization
dc.subjectpolicies
dc.subjectmarkets
dc.subjecttrade policies
dc.subjecttrade
dc.subjectfood prices
dc.subjectpoverty
dc.subjectprices
dc.titlePoverty impacts of food price shocks and policies
dc.typeBook Chapter

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Instituto Internacional de Investigación sobre Políticas Alimentarias (IFPRI)