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Taxonomy of Causes, Impacts and Policy Responses to the Food Price Crisis in the Andean Region

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Author Info
Jose Cuesta ()
Fidel Jaramillo

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Abstract

This paper analyzes the causes, effects and policy alternatives associated with the recent international food price crisis in the Andean region. Additionally, the document makes a first approach to the policy options utilized to confront the crisis, discussing the mix of policies and their potential effectiveness, using a qualitative methodology based in part on schemes proposed in Manzano and Stein (2008), and Malarín (2008). A final section underscores various messages common to the countries of the region. Specifically, the report concludes that this crisis offers a great opportunity for transforming its uncertainties and costs into a stimulus for maturing an infrastructure of prevention and reduction of vulnerabilities in the Andean economies.

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Paper provided by Inter-American Development Bank, Research Department in its series RES Working Papers with number 4623.

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Date of creation: Apr 2009
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Handle: RePEc:idb:wpaper:4623

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Related research
Keywords: Food crisis; Distributive impact; Simulation; Compensatory policies; Andean region;

Find related papers by JEL classification:
O20 - Economic Development, Technological Change, and Growth - - Development Planning and Policy - - - General
O18 - Economic Development, Technological Change, and Growth - - Economic Development - - - Regional, Urban, and Rural Analyses
I30 - Health, Education, and Welfare - - Welfare and Poverty - - - General

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This page was last updated on 2009-11-10.

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