Taxonomy of Causes, Impacts and Policy Responses to the Food Price Crisis in the Andean Region
AbstractThis 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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Bibliographic InfoPaper provided by Inter-American Development Bank, Research Department in its series Research Department Publications with number 4623.
Date of creation: Apr 2009
Date of revision:
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 - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
- I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
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