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Escalating Food Prices: The threat to poor households and policies to safeguard a Recovery for All

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Author Info

  • Isabel Ortiz
  • Jingqing Chai
  • Matthew Cummins

    (Division of Policy and Practice,UNICEF)

Abstract

This working paper: (i) briefly reviews possible causes of the food price spike that began in mid-2010; (ii) examines recent local food price movements in 58 developing countries during 2010; (iii) discusses the adverse impacts of food price increases on households; (iv) presents a rapid desk review of international and domestic policy responses in 98 developing countries under a three-pillar policy framework—supporting consumption, boosting production and regulating/managing food markets; and (v) calls for urgent and coordinated policy actions by national governments and the international community.

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File URL: http://www.unicef.org/socialpolicy/files/Escalating_Food_Prices.pdf
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Bibliographic Info

Paper provided by UNICEF,Division of Policy and Strategy in its series Working papers with number 1101.

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Length: 38 pages
Date of creation: 2011
Date of revision:
Handle: RePEc:uce:wpaper:1101

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Related research

Keywords: food price; commodity price; food inflation; food crisis; supply shock; exchange rate; export ban; commodity futures; hunger; malnutrition; poverty; inequality; import bills; subsidies; tariffs; food market regulation; crisis recovery; fiscal consolidation;

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References

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  1. Dessus, Sebastien & Herrera, Santiago & de Hoyos, Rafael, 2008. "The impact of food inflation on urban poverty and its monetary cost : some back-of-the-envelope calculations," Policy Research Working Paper Series 4666, The World Bank.
  2. Quentin Wodon & Hassan Zaman, 2010. "Higher Food Prices in Sub-Saharan Africa: Poverty Impact and Policy Responses," World Bank Research Observer, World Bank Group, vol. 25(1), pages 157-176, February.
  3. Sobrevinas, Alellie B. & de Jesus, Jeremy & Reyes, Celia M., 2010. "The Impact of the Global Financial Crisis on Poverty in the Philippines," Discussion Papers DP 2010-04, Philippine Institute for Development Studies.
  4. Ronald Mendoza & Ronald, 2010. "Inclusive Crises, Exclusive Recoveries, and Policies to Prevent a Double Whammy for the Poor," Working papers 1004, UNICEF,Division of Policy and Strategy.
  5. Nora Lustig, 2009. "Coping with Rising Food Prices: Policy Dilemmas in the Developing World," Working Papers 164, Center for Global Development.
  6. Celia Reyes & Alellie Sobreviñas & Jeremy de Jesus, 2010. "The Impact of the Global Financial Crisis on Poverty in the Philippines," Finance Working Papers 22808, East Asian Bureau of Economic Research.
  7. Maros Ivanic & Will Martin, 2008. "Implications of higher global food prices for poverty in low-income countries-super-1," Agricultural Economics, International Association of Agricultural Economists, vol. 39(s1), pages 405-416, November.
  8. Wodon, Quentin & Tsimpo, Clarence & Backiny-Yetna, Prospere & Joseph, George & Adoho, Franck & Coulombe, Harold, 2008. "Potential impact of higher food prices on poverty : summary estimates for a dozen west and central African countries," Policy Research Working Paper Series 4745, The World Bank.
  9. repec:oup:wbrobs:v:25:y:2009:i:1:p:157-176 is not listed on IDEAS
  10. Tiwari, Sailesh & Zaman, Hassan, 2010. "The impact of economic shocks on global undernourishment," Policy Research Working Paper Series 5215, The World Bank.
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Citations

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Cited by:
  1. Franziska Gassmann & UNICEF Innocenti Research Centre, 2011. "Protecting Vulnerable Families in Central Asia: Poverty, vulnerability and the impact of the economic crisis," Innocenti Working Papers inwopa639, UNICEF Innocenti Research Centre.
  2. Isabel Ortiz & Matthew Cummins, 2012. "DESIGUALDAD GLOBAL:La distribución del ingreso en 141 países," Working papers 1104, UNICEF,Division of Policy and Strategy.
  3. Isabel Ortiz & Jingqing Chai & Matthew Cummins, 2011. "Identifying Fiscal Space:Options for Social and Economic Development for Children and Poor Households in 184 Countries," Working papers 1108, UNICEF,Division of Policy and Strategy.
  4. Min Bahadur Shrestha Ph.D. & Shashi Kant Chaudhary, 2012. "The Impact of Food Inflation on Poverty in Nepal," NRB Economic Review, Nepal Rastra Bank, Research Department, vol. 24(2), pages 1-14, October.
  5. Mideros Mora, Andres & Gassmann, Franziska & Mohnen, Pierre, 2013. "Estimation of rates of return on social protection: Making the case for non-contributory social transfers in Cambodia," MERIT Working Papers 063, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  6. Isabel Ortiz & Matthew Cummins, 2011. "Global Inequality: Beyond the Bottom Billion – A Rapid Review of Income Distribution in 141 Countries," Working papers 1102, UNICEF,Division of Policy and Strategy.
  7. Aye, Goodness C., 2012. "The Long and Short Run Impacts of Food and Energy Price Shocks: Evidence from Nigeria," 2012 Conference (56th), February 7-10, 2012, Freemantle, Australia 125048, Australian Agricultural and Resource Economics Society.
  8. Andrews, Colin & Das, Maitreyi & Elder, John & Ovadiya, Mirey & Zampaglione, Giuseppe, 2012. "Social protection in low income countries and fragile situations : challenges and future directions," Social Protection Discussion Papers 67607, The World Bank.
  9. AfDB AfDB, 2011. "MDG Report 2011 - Full Report," MDG Report 334, African Development Bank.

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