Middle East and North Africa Countries' Vulnerability to Commodity Price Increases
AbstractNew estimates of pass-through coefficients for the Middle East and North Africa indicate that a rise of global food prices is transmitted to a significant degree into domestic food prices. Over the past decade, transmission from international to domestic prices has been particularly high for Egypt, Iraq, Djibouti, United Arab Emirates and West Bank and Gaza, while being particularly low in Tunisia and Algeria. Where international food price increases translate into domestic prices, overall inflation tends to be higher.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 33393.
Date of creation: May 2011
Date of revision:
Publication status: Published in World Bank Middle East and North Africa Region Regional Economic Update.Facing(2011): pp. 17-22
Price transmission; inflation; food prices; Middle East and North Africa;
Find related papers by JEL classification:
- O23 - Economic Development, Technological Change, and Growth - - Development Planning and Policy - - - Fiscal and Monetary Policy in Development
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
- N15 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Asia including Middle East
- N17 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Africa; Oceania
This paper has been announced in the following NEP Reports:
- NEP-AGR-2011-09-22 (Agricultural Economics)
- NEP-ALL-2011-09-22 (All new papers)
- NEP-ARA-2011-09-22 (MENA - Middle East & North Africa)
- NEP-OPM-2011-09-22 (Open Economy Macroeconomic)
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