Implications of Higher Global Food Prices for Poverty in Low-Income Countries

In many poor countries, the recent increases in prices of staple foods have raised the real incomes of those selling food, many of whom are relatively poor, while hurting net food consumers, many of whom are also relatively poor. The impacts on poverty will certainly be very diverse, but the average...

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Main Authors: Ivanic, Maros, Martin, Will
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5871
id okr-10986-5871
recordtype oai_dc
spelling okr-10986-58712021-04-23T14:02:23Z Implications of Higher Global Food Prices for Poverty in Low-Income Countries Ivanic, Maros Martin, Will Measurement and Analysis of Poverty I320 Economic Development: Agriculture Natural Resources Energy Environment Other Primary Products O130 Economic Development: Human Resources Human Development Income Distribution Migration O150 International Linkages to Development Role of International Organizations O190 Agriculture: Aggregate Supply and Demand Analysis Prices Q110 In many poor countries, the recent increases in prices of staple foods have raised the real incomes of those selling food, many of whom are relatively poor, while hurting net food consumers, many of whom are also relatively poor. The impacts on poverty will certainly be very diverse, but the average impact on poverty depends upon the balance between these two effects, and can only be determined by looking at real-world data. Results using household data for 10 observations on nine low-income countries show that the short-run impacts of higher staple food prices on poverty differ considerably by commodity and by country, but that poverty increases are much more frequent, and larger, than poverty reductions. The recent large increases in food prices appear likely to raise overall poverty in low-income countries substantially. 2012-03-30T07:34:57Z 2012-03-30T07:34:57Z 2008 Journal Article Agricultural Economics 01695150 http://hdl.handle.net/10986/5871 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language EN
topic Measurement and Analysis of Poverty I320
Economic Development: Agriculture
Natural Resources
Energy
Environment
Other Primary Products O130
Economic Development: Human Resources
Human Development
Income Distribution
Migration O150
International Linkages to Development
Role of International Organizations O190
Agriculture: Aggregate Supply and Demand Analysis
Prices Q110
spellingShingle Measurement and Analysis of Poverty I320
Economic Development: Agriculture
Natural Resources
Energy
Environment
Other Primary Products O130
Economic Development: Human Resources
Human Development
Income Distribution
Migration O150
International Linkages to Development
Role of International Organizations O190
Agriculture: Aggregate Supply and Demand Analysis
Prices Q110
Ivanic, Maros
Martin, Will
Implications of Higher Global Food Prices for Poverty in Low-Income Countries
relation http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description In many poor countries, the recent increases in prices of staple foods have raised the real incomes of those selling food, many of whom are relatively poor, while hurting net food consumers, many of whom are also relatively poor. The impacts on poverty will certainly be very diverse, but the average impact on poverty depends upon the balance between these two effects, and can only be determined by looking at real-world data. Results using household data for 10 observations on nine low-income countries show that the short-run impacts of higher staple food prices on poverty differ considerably by commodity and by country, but that poverty increases are much more frequent, and larger, than poverty reductions. The recent large increases in food prices appear likely to raise overall poverty in low-income countries substantially.
format Journal Article
author Ivanic, Maros
Martin, Will
author_facet Ivanic, Maros
Martin, Will
author_sort Ivanic, Maros
title Implications of Higher Global Food Prices for Poverty in Low-Income Countries
title_short Implications of Higher Global Food Prices for Poverty in Low-Income Countries
title_full Implications of Higher Global Food Prices for Poverty in Low-Income Countries
title_fullStr Implications of Higher Global Food Prices for Poverty in Low-Income Countries
title_full_unstemmed Implications of Higher Global Food Prices for Poverty in Low-Income Countries
title_sort implications of higher global food prices for poverty in low-income countries
publishDate 2012
url http://hdl.handle.net/10986/5871
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