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Development Dimensions of High Food Prices

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Author Info
Philip Abbott
Abstract

Measures were taken by many developing country governments to mitigate consequences of high international agricultural commodity prices from mid 2006 until mid 2008, and to block their transmission to domestic markets, with varying degrees of success and cost. A significant international response has focused on emergency relief and renewed efforts to invest in agricultural development. This paper describes and contrasts the approaches taken by national governments versus international organizations and donors to respond to this food crisis, and their consequences. It also explores approaches already underway to enhance aid effectiveness and achieve more rapid agricultural development for smallholder farmers, identifying potential and past roadblocks.

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File URL: http://dx.doi.org/10.1787/222521043712
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Publisher Info
Paper provided by OECD, Directorate for Food, Agriculture and Fisheries in its series OECD Food, Agriculture and Fisheries Working Papers with number 18.

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Date of creation: Jul 2009
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Handle: RePEc:oec:agraaa:18-en

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Related research
Keywords: agricultural development; agricultural trade policy; aid effectiveness; emergency relief; food inflation; international commodity prices; price transmission; safety nets;

Find related papers by JEL classification:
O13 - Economic Development, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy

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This page was last updated on 2009-11-18.


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