Poverty Impact of Food Price Shocks and Policies

Laborde, David ; Lakatos, Csilla ; Martin, Will

World Bank, Washington, DC

关键词: FOOD PRICES;    FOOD SECURITY;    POVERTY;    PRICE SHOCK;    TERMS OF TRADE;   

DOI  :  10.1596/1813-9450-8724
RP-ID  :  WPS8724

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

In the event of large swings in worldfood prices, countries often intervene to dampen the impactof international food price spikes on domestic prices and tolessen the burden of adjustment on vulnerable populationgroups. While individual countries can succeed at insulatingtheir domestic markets from short-term fluctuations inglobal food prices, the collective intervention of manycountries may exacerbate the volatility of world prices.Insulating policies introduced during the 2010-11 food pricespike may have accounted for 40 percent of the increase inthe world price of wheat and one-quarter of the increase inthe world price of maize. Combined with government policyresponses, the 2010-11 food price spike tipped 8.3 millionpeople (nearly 1 percent of the world's poor) into poverty.