Download or read book The Distributional Implications of the Impact of Fuel Price Increases on Inflation written by Mr. Kangni R Kpodar and published by International Monetary Fund. This book was released on 2021-11-12 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.
Download or read book IMF Survey Volume 37 Issue 05 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 2008-05-21 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Food prices, Europe, Michael Deppler, Small States, Abdoulaye Bio-Tchane, Germany, Czech Fiscal Reform, Sustaining Growth, Decline in Funds to Emerging Markets, IMF Loan to Togo, Vietnam's New Challenges, News Briefs.
Download or read book IMF Survey Volume 37 Issue 11 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 2008-12-02 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Economic Outlook Update, IMF's Future role Debated, Poor Countries Face Crisis Impact, Eastern Europe's Currency Risk, Interview with Hamad Al Suwaidi, Mideast-Central Asia Outlook, Pacific Islands Face Pressures, Interview with IMF Statistics Director, News Briefs.
Download or read book Emerging from the Global Crisis Macroeconomic Challenges Facing Low Income Countries written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2010-05-10 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: While the impact of the global crisis has been severe, real per capita GDP growth stayed positive in two-thirds of low-income countries (LICs), unlike in previous global downturns, and in contrast to richer countries. The crisis affected LICs not so much through the terms of trade or global interest rates, but rather through a sharp contraction in export demand, foreign direct investment, and remittances (oil exporters also suffered from a sharp fall in oil prices). LICs saw the sharpest decline in their economic growth rate over the last four decades. However, this slowdown followed a period of strong expansion, and real per capita GDP growth has generally held up in LICs, remaining well above growth in richer countries.
Download or read book Food Price Volatility and Its Implications for Food Security and Policy written by Matthias Kalkuhl and published by Springer. This book was released on 2016-04-12 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Challenges Of Economic Growth Inequality And Conflict In South Asia Proceedings Of The 4th International Conference On South Asia written by Hernaikh Singh and published by World Scientific. This book was released on 2009-11-03 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Asia's growing political and economic influence, as well as the dynamism of this rapidly changing region, demands careful examination. Drawing on many areas of expertise and a wide range of perspectives, this book analyses how recent developments in the economic, political and social landscapes of South Asia have affected the region itself as well as its relations with the rest of Asia and the world at large. The book gathers together the papers presented at the 4th International Conference on South Asia held in Singapore in November 2008. It represents the expert knowledge and opinions of prominent academics and world leaders. Whether be it dealing with issues of trade and investment, soft power and cultural influence, or the reduction of poverty, the chapters in this book are both in-depth and rich in broader implications for the South Asian region and beyond.
Download or read book IMF Survey Volume 37 Issue 07 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 2008-08-15 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inflation, IMF work agenda, Food and fuel prices, Commodity price surge, Oil price surge, Jeddah meeting, Haiti interview, Norway's sovereign wealth fund, Mexico, Switzerland's monetary policy, Mauritius, News briefs.
Download or read book Managing Global Growth Risks and Commodity Price Shocks Vulnerabilities and Policy Challenges for Low Income Countries written by International Monetary Fund. Strategy, Policy, & Review Department and published by International Monetary Fund. This book was released on 2011-09-21 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: As part of its work to help low-income countries (LICs) manage volatility, the IMF has recently developed an analytical framework to assess vulnerabilities and emerging risks that arise from changes in the external environment (see IMF, 2011a). This report draws on the results of the first Vulnerability Exercise for LICs (VE-LIC) conducted by IMF staff using this new framework. The report focuses on the risks of a downturn in global growth and of further global commodity price shocks, and discusses related policy challenges. The report is organized as follows: Chapter I reviews recent macroeconomic developments, including the spike in global commodity prices earlier this year. Chapter II assesses current risks and vulnerabilities, including how a sharp downturn in global growth and further commodity price shocks would affect LICs. Chapter III discusses policy challenges in the face of these risks and vulnerabilities.
Download or read book Responding to the Global Food Crisis Three perspectives IFPRI 2007 2008 Annual Report Essay written by Joachim von Braun, Josette Sheeran, Namanga Ngongi and published by Intl Food Policy Res Inst. This book was released on 2008-09-10 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book 2011 Global Hunger Index The challenge of hunger Taming price spikes and excessive food price volatility written by Klaus von Grebmer and published by Intl Food Policy Res Inst. This book was released on 2011-10-10 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Opportunities and Obligations written by Terance P. Stewart and published by Kluwer Law International B.V.. This book was released on 2009-09-01 with total page 562 pages. Available in PDF, EPUB and Kindle. Book excerpt: Opportunities and Obligations: New Perspectives on Global and U.S. Trade Policy, is an extraordinary collection of essays by leading trade officials, academic experts, and major stakeholders. The essays are divided into three topics: The global trading system and its future direction The range of views presented provides diverse perspectives on the future direction of the trading system, the challenges of the Doha Round, the aspirations of developing countries within the system, the future direction of rules, rights and obligations, the challenges faced by countries trying to join the WTO. Perspectives on the direction of US trade policy Leaders from the past Administration, both sides of the aisle in the U.S. House of Representatives, labor, business, a leading NGO as well as leading journalists and writers offer views about where U.S. trade policy should go to secure America’s economic future. The global food crisis and how the trading system can help be part of the solution The run up of food prices internationally in 2007-08 and the efforts by many countries to restrict exports in the name of providing for citizens at home created some severe challenges for the global institutions and raised, within trade circles, the question of how trade could make a contribution to the alleviation of hunger and not exacerbate the problems of hunger. Papers in part three of the book look at the issue from the perspective of the WTO, the European Commission, and the United Nation’s World Food Program.
Download or read book Food written by Jennifer Clapp and published by John Wiley & Sons. This book was released on 2013-05-08 with total page 179 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 Summary Proceedings of the Sixty Second Annual Meetings 2008 written by International Monetary Fund and published by International Monetary Fund. This book was released on 2012-04-17 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: The speeches made by officials attending the IMF–World Bank Annual Meetings are published in this volume, along with the press communiqués issued by the International Monetary and Financial Committee and the Development Committee at the conclusion of the meetings.
Download or read book Climate change and hunger Responding to the challenge written by Martin Parry, Alex Evans, Mark W. Rosegrant, Tim Wheeler and published by Intl Food Policy Res Inst. This book was released on with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Kenya written by International Monetary Fund and published by International Monetary Fund. This book was released on 2012-01-26 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses key findings of the Second Review for Kenya under the Extended Credit Facility (ECF). Program implementation during the first half of 2011 was in line with the objectives. All quantitative performance criteria and indicative targets for June 2011 have been met. The authorities have requested augmentation of access under the ECF arrangement to deal with the impact of the drought and higher-than-anticipated international prices. They have adopted additional measures to address macroeconomic imbalances.
Download or read book Endless Appetites written by Alan Bjerga and published by John Wiley & Sons. This book was released on 2011-09-23 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: How to understand the twenty-first century food crisis Since 2007, farm-product prices have rocketed and plunged, causing hunger, malnutrition, and social and political upheaval around the world. Endless Appetites explores how "food security," the availability of food and the reasonable ability to buy it, has become one of the most challenging topics of our time. With every jump in grocery-store prices, the issue becomes more and more pressing, proven by this year's record increase in food prices, which has already topped the spike of 2008. Award-winning commodities reporter Alan Bjerga explains the food crisis and why it is happening in an accessible, articulate manner Why is this happening when more food is being grown than ever? Why are crop markets?first established in the 1800's to help stabilize agricultural commodity prices?acting like an investors' casino, with prices absorbed by rich nations taking food from the mouths of the poor? From college campuses to emergency UN meetings, "food security" is one of the hottest topics of the day, with no shortage of interest in how to stabilize food prices worldwide to close the hunger gap To understand the growing international food crisis, readers need an expert they can rely on. One of the most widely acclaimed journalists on food security, Alan Bjerga is up to the task, taking readers from the trading floor of Chicago to the highlands of East Africa to the rice paddies of Thailand on a global trek to find the causes of the food-price crisis?and the solutions.
Download or read book Coping with the Energy Crisis written by Tersh Boasberg and published by . This book was released on 1974 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt:
