Download or read book Anatomy of a Crisis The Causes and Consequences of Surging Food Prices written by Derek Headey and Shenggen Fan and published by Intl Food Policy Res Inst. This book was released on 2008 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Anatomy of a Crisis written by Shenggen Fan and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the potential causes and consequences of recent increases in international food prices have attracted widespread attention, many existing appraisals are superficial and/or piecemeal. This paper attempts to provide a more comprehensive review of these issues based on the best and most recent research, and includes fresh theoretical and empirical analysis. We first analyze the causes of the current crisis by considering how well standard explanations hold up against relevant economic theory and important stylized facts. Some explanations, especially rising oil prices, the depreciation of the US dollar, biofuel demand, and some commodity-specific explanations, hold up much better than some others. We then provide an appraisal of the likely macro- and microeconomic impacts of the crisis in developing countries. We observe a large gap in the effects of macro and micro factors, and note that when these factors are used to identify the most vulnerable countries, the results often point in different directions. We conclude with a brief discussion of what ought to be learned from this crisis.
Download or read book Mitigating the Nutritional Impacts of the Global Food Price Crisis written by Institute of Medicine and published by National Academies Press. This book was released on 2010-03-10 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2007 and 2008, the world witnessed a dramatic increase in food prices. The global financial crisis that began in 2008 compounded the burden of high food prices, exacerbating the problems of hunger and malnutrition in developing countries. The tandem food price and economic crises struck amidst the massive, chronic problem of hunger and undernutrition in developing countries. National governments and international actors have taken a variety of steps to mitigate the negative effects of increased food prices on particular groups. The recent abrupt increase in food prices, in tandem with the current global economic crisis, threatens progress already made in these areas, and could inhibit future efforts. The Institute of Medicine held a workshop, summarized in this volume, to describe the dynamic technological, agricultural, and economic issues contributing to the food price increases of 2007 and 2008 and their impacts on health and nutrition in resource-poor regions. The compounding effects of the current global economic downturn on nutrition motivated additional discussions on these dual crises, their impacts on the nutritional status of vulnerable populations, and opportunities to mitigate their negative nutritional effects.
Download or read book The food crisis of 2008 written by Hovland, Ingeborg and published by Intl Food Policy Res Inst. This book was released on 2011-07-08 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper aims to document IFPRI’s communications activities during the recent food crisis which peaked in mid-2008. IFPRI’s communications activities during the food crisis were somewhat unusual for the Institute. The communications campaign included IFPRI’s usual avenues, and built on IFPRI’s existing place in the global food policy system, but was unusual in its concerted coordination across all divisions of the Institute, the relatively low number of publications and unusually high engagement with the media, as well as a high number of face-to-face presentations and meetings. All in all the campaign, which arose in response to the policy window that opened up in early and mid-2008, was considered particularly effective, and IFPRI earned the position as one of the “thought leaders” during the crisis.
Download or read book The Food and Financial Crises in Sub Saharan Africa Origins Impacts and Policy Implications written by M. B. Ndulo and published by CABI. This book was released on 2011 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dramatic increases in food prices, as witnessed on a global scale in recent years, threaten the food security of hundreds of millions of the rural poor in Sub-Saharan Africa alone. This book focuses on recent food and financial crises as they have affected Africa, illustrating the problems using country case studies, that cover their origins, effects on agriculture and rural poverty, their underlying factors and making recommendations as to how such crises could best be addressed in the future.
Download or read book Local Impacts of a Global Crisis Food Price Transmission and Poverty Impacts in Ghana written by Godsway Cudjoe, Clemens Breisinger, and Xinshen Diao IFPRI Discussion Paper No. 842 2008 and published by Intl Food Policy Res Inst. This book was released on with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Commodity Markets and the Global Economy written by Blake C. Clayton and published by Cambridge University Press. This book was released on 2016 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a clear-eyed analysis of questions at the intersection of commodity markets, natural resource economics, and public policy.
Download or read book Food prices and poverty reduction in the long run written by Headey, Derek D. and published by Intl Food Policy Res Inst. This book was released on with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Food written by Jennifer Clapp and published by Polity. This book was released on 2012 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: Food is one of the most basic resources that humans need for daily survival. Forty percent of the world’s population gains a livelihood from agriculture and we all consume food. Yet control over this fundamental resource is concentrated in relatively few hands. The 2008 food price crisis illustrated both the volatility and vulnerability built into the current global food system; at the height of the crisis, the number of hungry people on the planet climbed to over 1 billion. At the same time, there are serious ecological consequences that stem from an increasingly industrial model of agriculture that has spread worldwide. This book aims to contribute to a fuller understanding of the forces that influence and shape the current global food system. Author Jennifer Clapp explores how corporate control, inequitable international agricultural trade rules, and the financialization of farm commodities have each had a fundamental influence on the practices that dominate today’s global food system. By contrast, farmers and consumers, particularly in the developing world, have had little voice to change the rules of the game. But movements are emerging to challenge the dominant global system. The extent to which these alternative movements can displace it, however, remains to be seen.
Download or read book Intra household Resource Allocation when Food Prices Soar Impacts on Child Growth in Indonesia written by Futoshi Yamauchi and published by Intl Food Policy Res Inst. This book was released on 2019-09-20 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: An unanticipated spike in food prices can increase malnutrition among the poor with lasting consequences, but parents can protect the most vulnerable within the family by distributing scarce food to minimize adverse impacts. To find evidence of this strategy, we use anthropometric and consumption data from Indonesia, collected before and after the 2007/08 food price crisis. Our results indicate that soaring food prices had a significant and uneven impact on growth among children. Using household fixed effects, we find that the negative impact was significantly larger among larger children, as measured by the initial height z-score. We find that children with low height z-scores at the start of the crisis gained ground relative to their peers during the crisis, consistent with food-resource allocations in their favor. The findings remain robust when controlling for possible differential impacts by gender, family size and food producer status. We conclude that the food price crises had negative long-term impacts on children, and that parental behavior protected the most vulnerable. For Indonesian policy makers, our results indicate that safeguarding family food security should be a priority when targeting specific groups of children is difficult.
Download or read book Handbook on Food written by Raghbendra Jha and published by Edward Elgar Publishing. This book was released on 2014-01-01 with total page 565 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This volume is a welcome and timely contribution to a topic of enduring importance. The global consequences of recent food price crises underscore the need to examine food security issues from diverse perspectives. This volume meets that need, featuring accessible yet cutting-edge analyses of food security by leading experts in fields as diverse as trade, nutrition, public health, production, political economy, and behavioral economics. It will be of interest to a wide range of scholars and practitioners.' --Steven Block, Tufts University, US. 'This excellent volume offers a compact but wide-ranging survey of recent research on important changes in global food markets. Its 20 chapters accurately capture important areas of scholarly agreement as well as on-going debates among economists studying agriculture and nutrition, with several provocative original contributions from other fields. The book draws particularly on the authors' long experience in Asia, offering widely-applicable insights for scholars and policy analysts seeking to understand the past, present and future of food around the world.' --William A. Masters, Tufts University, US. The global population is forecasted to reach 9.4 billion by 2050, with much of this increase concentrated in developing regions and cities. Ensuring adequate food and nourishment to this large population is a pressing economic, moral and even security challenge and requires research (and action) from a multi-disciplinary perspective. This book provides the first such integrated approach to tackling this problem by addressing the multiplicity of challenges posed by rising global population, diet diversification and urbanization in developing countries and climate change. It examines key topics such as: the impact of prosperity on food demand, the role of international trade in addressing food insecurity, the challenge posed by greenhouse gas emissions from agriculture and land degradation, the implication on labor markets of severe under-nutrition, viability of small scale farms, strategies to augment food availability. The Handbook on Food would be a welcome supplementary text for courses on development economics, particularly those concentrating on agricultural development, climate change and food availability, as well as nutrition.
Download or read book Impact of Soaring Food Price in Ethiopia Does Location Matter written by John M. Ulimwengu, Sindu Workneh, Zelekawork Paulos and published by Intl Food Policy Res Inst. This book was released on 2009 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Previous studies implicitly assume uniform price-effects across regions or provinces within countries. They also do not address the issue of integration between the world food market and local markets. Instead, they assume a complete transmission of changes in world food prices to local food prices. In this paper, we first establish evidence of regional price heterogeneity across Ethiopia. We also applied the Johansen test for market integration over 95 local maize markets and found that none of the Ethiopian regional markets for maize is integrated to the world market. However, there is significant short-term price effects between the world maize market and some Ethiopian regional markets. Using the Almost Ideal Demand System, we estimate loss in household consumption and calorie intake as induced by food price increases. The results suggest a great deal of heterogeneity across regions as well as between rural and urban areas. Studies that fail to account for the characteristics of household demand across locations are more likely to induce misleading policy recommendations."--Authors' abstract.
Download or read book Reflections on the Global Food Crisis written by Derek Headey and published by Intl Food Policy Res Inst. This book was released on 2010 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: The dramatic surge in food prices from 2005 to 2008 seriously threatened the world's poor, who struggle to buy food even under normal circumstances, and led to protests and riots in the developing world. The crisis eventually receded, but such surges could recur unless steps are taken to prevent them. Using up-to-date information, the authors of Reflections on the Global Food Crisis identify the key causes of the food price surge, its consequences for global poverty, and the challenges involved in preventing another crisis. Breaking from many earlier interpretations, the authors conclude that the crisis was not primarily fostered by increased demand for meat products in rising economies such as China and India or by declines in agricultural yields or food stocks, or by futures market speculation. Instead, they attribute the rising food prices to a combination of rising energy prices, growing demand for biofuels, the U.S. dollar depreciation; and various trade shocks related to export restrictions, panic purchases and unfavorable weather. As part of their analysis, the authors also provide the first comprehensive review of both the macroeconomic and microeconomic consequences of the crisis, as well as a detailed comparison of the current crisis with the food price crisis of 1974. To prevent another crisis, the authors conclude that the global food system should be reformed through several key steps: make trade in agricultural commodities more free yet more secure; address long-term threats to agricultural productivity, such as climate change and resource degradation; scale up social protection in potentially food insecure countries; and encourage agricultural production in at least some of the countries now heavily dependent on food imports. Reflections on the Global Food Crisis will be a valuable resource for policymakers, development specialists, and others concerned with the world's poorest people.
Download or read book Higher Fuel and Food Prices Economic Impacts and Responses for Mozambique written by Channing Arndt, Rui Benfica, Nelson Maximiano, Antonio M.D. Nucifora, James T. Thurlow and published by Intl Food Policy Res Inst. This book was released on with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Food inflation and child undernutrition in low and middle income countries written by Headey, Derek D. and published by Intl Food Policy Res Inst. This book was released on 2022-11-30 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 21st Century has been marked by increased volatility in food prices, with global price spikes in 2007-08, 2010-11, and again in 2021-22. The impact of food inflation on the risk of child undernutrition is not well understood, however. This study explores the potential impacts of food inflation on wasting and stunting among 1.27 million pre-school children from 44 developing countries. On average, a 5 percent increase in the real price of food increases the risk of wasting by 9 percent and severe wasting by 14 percent. These risks apply to young infants, suggesting a prenatal pathway, as well as to older children who typically experience a deterioration in diet quality in the wake of food inflation. Male children and children from poor and rural landless households are more severely impacted. Food inflation during pregnancy and the first year after birth also increases the risk of stunting for children 2-5 years of age. This evidence provides a strong rationale for interventions to prevent food inflation and mitigate its impacts on vulnerable children and their mothers.
Download or read book OECD FAO Agricultural Outlook 2014 written by OECD and published by OECD Publishing. This book was released on 2014-07-11 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: This twentieth edition of the Agricultural Outlook provides market projections to 2023 for major agricultural commodities, biofuels and fish across 41 countries and 12 regions. It includes a special focus on India.
Download or read book The World Bank Group and the Global Food Crisis written by The World Bank and published by World Bank Publications. This book was released on 2014-04-24 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: The unanticipated spike in international food prices in 2007-08 hit many developing countries hard. This evaluation assesses the effectiveness of the World Bank Group response in addressing the short-term impacts of the food price crisis and in enhancing the resilience of countries to future shocks.
