National Policy Responses to High Food Prices
AbstractThe prices of many staple food commodities have increased substantially over the past year. As a result, many developing countries are facing larger food import bills. The cereal import bill of the world’s poorest countries is forecast to rise by 56 percent in 2007/08, following an already significant increase of 37 percent in 2006/07. Given the growing dependency of many developing countries on imported food commodities and on foreign aid, as well as their generally high levels of debt, increasing food prices have important implications for growth and development.
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Bibliographic InfoPaper provided by Economic and Social Development Department of the Food and Agriculture Organization of the United Nations (FAO) in its series FAO - Economic and Social Perspectives with number 1.
Length: 4 pages
Date of creation: 2008
Date of revision:
Contact details of provider:
Postal: Economic and Social Development Department FAO Viale delle Terme di Caracalla 00153 Rome Italy
Phone: +39(6) 57051
Fax: +39 06 57055522
Web page: http://www.fao.org/economic/en/
More information through EDIRC
food prices; food crisis; price shock; FAO; commodities; staple food;
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