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Global food crises: Monitoring and assessing impact to inform policy responses

  • Benson, Todd
  • Minot, Nicholas
  • Pender, John
  • Robles, Miguel
  • von Braun, Joachim

"Strong upward trends and increased variability in global food prices over the past two years have led to concern that hunger and poverty will increase across the world. At the same time, rising food prices provide an incentive and opportunity for many developing countries to strengthen the contribution their farmers make to national economic growth and poverty reduction. Policymakers and opinion leaders in developing countries, however, often lack sufficient information to gauge the likely effects of global food crises on their country and to identify, design, and implement policy actions that can best avoid risks and take advantage of opportunities.The deficiencies in information and analysis can lead to over- and underreactions, resulting in policy and market failures. Experiences across countries in 2007 and 2008 show ample evidence of such outcomes. This report seeks to support national decisionmakers, as well as their international development partners, in acquiring information and applying methods for understanding the likely effects of a global food crisis on their country and acting to alleviate the risks and exploit the opportunities brought about by such crises. It describes data and methods and suggests how to facilitate their collection and use. The report then outlines the design and implementation of an open Internet-based portal for sharing reliable, appropriate information and decision-support tools for national policymakers so they can respond quickly to changes in world food markets in an informed manner." from Text

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Paper provided by International Food Policy Research Institute (IFPRI) in its series Food policy reports with number 19.

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Date of creation: 2008
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Handle: RePEc:fpr:fprepo:19
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  1. James Heckman & Hidehiko Ichimura & Jeffrey Smith & Petra Todd, 1998. "Characterizing Selection Bias Using Experimental Data," Econometrica, Econometric Society, vol. 66(5), pages 1017-1098, September.
  2. von Braun, Joachim & Ahmed, Akhter & Asenso-Okyere, Kwadwo & Fan, Shenggen & Gulati, Ashok & Hoddinott, John & Pandya-Lorch, Rajul & Rosegrant, Mark W. & Ruel, Marie & Torero, Maximo & van Rheenen, Te, 2008. "High food prices: The what, who, and how of proposed policy actions," Policy briefs 1A, International Food Policy Research Institute (IFPRI).
  3. Christopher B. Barrett & Paul A. Dorosh, 1996. "Farmers' Welfare and Changing Food Prices: Nonparametric Evidence from Rice in Madagascar," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(3), pages 656-669.
  4. Christopher Delgado & Nicholas Minot & Marites Tiongco, 2005. "Evidence and Implications of Non-Tradability of Food Staples in Tanzania 1983-98," Journal of Development Studies, Taylor & Francis Journals, vol. 41(3), pages 376-393.
  5. Ivanic, Maros & Martin, Will, 2008. "Implications of higher global food prices for poverty in low-income countries," Policy Research Working Paper Series 4594, The World Bank.
  6. Budd, John W, 1993. "Changing Food Prices and Rural Welfare: A Nonparametric Examination of the Cote d'Ivoire," Economic Development and Cultural Change, University of Chicago Press, vol. 41(3), pages 587-603, April.
  7. Minot, Nicholas W, 1998. "Distributional and Nutritional Impact of Devaluation in Rwanda," Economic Development and Cultural Change, University of Chicago Press, vol. 46(2), pages 379-402, January.
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