Special Report - Food Prices and Inflation in Developing Asia

Special Report
Food Prices and Inflation in Developing Asia: Is Poverty Reduction Coming to an End?

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Publication Date: April 2008
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This Special Report was prepared by a team from the Economics and Research Department. Food prices have increased sharply since mid-2007 and accelerated alarmingly in early 2008. Rice and wheat prices have spiked at levels not seen in over three decades. This threatens to exacerbate poverty in developing Asia by reducing the real incomes of the already poor, while pushing many others below the poverty line. The report proposes appropriate policy responses to the challenge of food price inflation in order to avoid the reversal of the gains in poverty reduction in the region.

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Contents; Tables, Boxes, Figures, Abbreviations, Abstract

I. Introduction

II. Explaining the Underlying Causes of High Food Prices

III. Macroeconomic Effects of High and Rising Food Prices

IV. Impact of Rising Food Prices on Households: Poverty and Distribution Analysis

V. Medium-Term Supply Response and Poverty Impacts

VI. Policy Responses for Long-Term Food Security

VII. Policy Responses: Safety Net Programs for Food Security and Policies to Mitigate Rising Food Prices

References

Catalog

Special Report Food Prices and Inflation in Developing Asia: Is Poverty Reduction Coming to an End?

Contents

Special Report
Food Prices and Inflation in Developing Asia: Is Poverty Reduction Coming to an End?