Grain Price Spikes and Beggar-thy-Neighbor Policy Responses : A Global Economywide Analysis

When prices spike in international grain markets, national governments often reduce the extent to which that spike affects their domestic food markets. Those actions exacerbate the price spike and international welfare transfer associated with that terms of trade change. Several recent analyses have...

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Bibliographic Details
Main Authors: Jensen, Hans G., Anderson, Kym
Format: Journal Article
Published: Published by Oxford University Press on behalf of the World Bank 2018
Subjects:
Online Access:http://hdl.handle.net/10986/30132