Publication:
Global Food Price Inflation : Implications for South Asia, Policy Reactions, and Future Challenges

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dc.contributor.authorAhmed, Sadiq
dc.date.accessioned2012-05-24T14:24:35Z
dc.date.available2012-05-24T14:24:35Z
dc.date.issued2008-12
dc.description.abstractThe surge in global commodity prices of the past few years has presented a tremendous development challenge for South Asian countries. The large loss of income from the terms of trade shock has worsened macroeconomic balances, fueled rapid inflation, and hurt growth. Although commodity prices have come down recently, the benefits are being clouded by the emergence of a severe global financial crisis. The adverse consequences of the food price hike for the poor are large; the global financial crisis could further worsen the situation due to falling economic opportunities and government revenues. South Asian countries need to accelerate reforms to avoid facing a serious downturn in economic activity, investment, exports, and income. Governments in South Asia have responded by stabilizing domestic food prices through a number of short-term measures, tightened monetary policy to reduce inflation, and increased spending on a range of safety net programs for the poor. Some of the policies employed, such as export bans, are not consistent with the long-term welfare of the country or the region. Safety net interventions need to be made consistent with a longer-term poverty reduction strategy and fiscal sustainability. Most importantly, policy attention now needs to shift toward efforts to increase farm productivity, improve rural infrastructure, and lower the vulnerability of the poor.en
dc.identifierhttp://documents.worldbank.org/curated/en/2008/12/10115780/global-food-price-inflation-implications-south-asia-policy-reactions-future-challenges
dc.identifier.doi10.1596/1813-9450-4796
dc.identifier.urihttps://hdl.handle.net/10986/6338
dc.languageEnglish
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesPolicy Research Working Paper; No. 4796
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectADVERSE CONSEQUENCES
dc.subjectADVERSE EFFECT
dc.subjectADVERSE EFFECTS
dc.subjectAGRICULTURAL PRODUCTIVITY
dc.subjectAGRICULTURE
dc.subjectAVERAGE PRICE
dc.subjectAVERAGE PRICES
dc.subjectAVERAGE PRODUCTIVITY
dc.subjectBASIC NEEDS
dc.subjectBINDING CONSTRAINT
dc.subjectBUFFER STOCKS
dc.subjectBUTTER
dc.subjectCALORIE INTAKE
dc.subjectCAPITAL INFLOWS
dc.subjectCASH CROPS
dc.subjectCASH TRANSFER PROGRAMS
dc.subjectCASH TRANSFERS
dc.subjectCEREALS
dc.subjectCHRONIC POVERTY
dc.subjectCIVIL WAR
dc.subjectCLIMATE CHANGE
dc.subjectCOMMODITIES
dc.subjectCOMMODITY
dc.subjectCOMMODITY PRICE
dc.subjectCOMMODITY PRICES
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPREHENSIVE STRATEGY
dc.subjectCONSUMERS
dc.subjectCONSUMPTION BEHAVIOR
dc.subjectCOST INCREASE
dc.subjectCROP INSURANCE
dc.subjectCROP LOSSES
dc.subjectCURRENCY
dc.subjectCURRENT ACCOUNT BALANCE
dc.subjectDEBT
dc.subjectDEMAND MANAGEMENT
dc.subjectDEVELOPING COUNTRIES
dc.subjectDOMESTIC MARKET
dc.subjectDOMESTIC PRICE
dc.subjectDOMESTIC PRICES
dc.subjectDROUGHT
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC EFFICIENCY
dc.subjectECONOMIC SHOCKS
dc.subjectEDIBLE OILS
dc.subjectEGS
dc.subjectELASTICITY
dc.subjectEMERGING MARKETS
dc.subjectEMPLOYMENT GUARANTEE SCHEME
dc.subjectEMPLOYMENT GUARANTEE SCHEMES
dc.subjectEMPLOYMENT RATIONING
dc.subjectENERGY PRICES
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectFAIR
dc.subjectFARM HOUSEHOLDS
dc.subjectFARM PRODUCTION
dc.subjectFARM PRODUCTIVITY
dc.subjectFARM TECHNOLOGY
dc.subjectFARMERS
dc.subjectFINANCIAL CRISIS
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL DEFICITS
dc.subjectFISCAL POLICY
dc.subjectFLOUR MILLS
dc.subjectFOOD AVAILABILITY
dc.subjectFOOD CONSUMPTION
dc.subjectFOOD CROP
dc.subjectFOOD CROPS
dc.subjectFOOD DISTRIBUTION
dc.subjectFOOD EXPORTS
dc.subjectFOOD FOR WORK
dc.subjectFOOD GRAINS
dc.subjectFOOD ITEMS
dc.subjectFOOD MARKETS
dc.subjectFOOD POLICY
dc.subjectFOOD PRICE
dc.subjectFOOD PRICE INFLATION
dc.subjectFOOD PRICES
dc.subjectFOOD PRODUCTION
dc.subjectFOOD PRODUCTS
dc.subjectFOOD RATIONS
dc.subjectFOOD SECURITY
dc.subjectFOOD SHORTAGES
dc.subjectFOOD STOCKS
dc.subjectFOOD-FOR-EDUCATION
dc.subjectGDP
dc.subjectGLOBAL ECONOMY
dc.subjectGLOBAL MARKET
dc.subjectGLOBAL PUBLIC GOODS
dc.subjectGLOBAL STANDARDS
dc.subjectGOVERNMENT BUDGET
dc.subjectGOVERNMENT INTERVENTION
dc.subjectGRAIN PRODUCTION
dc.subjectGROWTH RATE
dc.subjectGROWTH RATES
dc.subjectHEDGE FUND
dc.subjectIFPRI
dc.subjectINCOME
dc.subjectINCOME GROUP
dc.subjectINCOME INEQUALITY
dc.subjectINCOMES
dc.subjectINEFFICIENCY
dc.subjectINFLATION RATE
dc.subjectINFLATION RATES
dc.subjectINFLATIONARY PRESSURE
dc.subjectINFLATIONARY PRESSURES
dc.subjectINPUT PRICES
dc.subjectIRRIGATION
dc.subjectLAND PRODUCTIVITY
dc.subjectLANDHOLDINGS
dc.subjectMACROECONOMIC POLICIES
dc.subjectMAIZE
dc.subjectMARKET EXPECTATIONS
dc.subjectMARKET PRICE
dc.subjectMARKET PRICES
dc.subjectMONETARY POLICIES
dc.subjectMONETARY POLICY
dc.subjectNATIONAL POVERTY
dc.subjectNATURAL DISASTERS
dc.subjectOUTPUT
dc.subjectOUTPUTS
dc.subjectPADDY
dc.subjectPER CAPITA CONSUMPTION
dc.subjectPETROLEUM PRICES
dc.subjectPOLITICAL ECONOMY
dc.subjectPOOR
dc.subjectPOOR COUNTRIES
dc.subjectPOOR HOUSEHOLD
dc.subjectPOOR PEOPLE
dc.subjectPOVERTY ASSESSMENT
dc.subjectPOVERTY ESTIMATES
dc.subjectPOVERTY HEAD
dc.subjectPOVERTY HEADCOUNT RATE
dc.subjectPOVERTY IMPACT
dc.subjectPOVERTY LINE
dc.subjectPOVERTY RATES
dc.subjectPOVERTY REDUCTION
dc.subjectPOVERTY REDUCTION STRATEGIES
dc.subjectPOVERTY REDUCTION STRATEGY
dc.subjectPRICE CAP
dc.subjectPRICE CONTROLS
dc.subjectPRICE EFFECT
dc.subjectPRICE INCREASE
dc.subjectPRICE INCREASES
dc.subjectPRICE INDEX
dc.subjectPRICE STABILIZATION
dc.subjectPRICE SUPPORT
dc.subjectPRICE TREND
dc.subjectPRICE TRENDS
dc.subjectPRICE VOLATILITY
dc.subjectPRICING POLICIES
dc.subjectPRICING POLICY
dc.subjectPRODUCER PRICE
dc.subjectPRODUCTION OF WHEAT
dc.subjectPRODUCTIVITY
dc.subjectPUBLIC POLICY
dc.subjectPUBLIC SAFETY NET
dc.subjectPUBLIC SPENDING
dc.subjectPURCHASING
dc.subjectPURCHASING POWER
dc.subjectRAPID ECONOMIC GROWTH
dc.subjectRAPID GROWTH
dc.subjectRATE OF GROWTH
dc.subjectRENT SEEKING
dc.subjectRETAIL
dc.subjectRETAIL PRICE
dc.subjectRICE
dc.subjectRISK REDUCTION
dc.subjectRURAL
dc.subjectRURAL EMPLOYMENT
dc.subjectRURAL HOUSEHOLDS
dc.subjectRURAL INFRASTRUCTURE
dc.subjectRURAL POOR
dc.subjectRURAL POOR HOUSEHOLDS
dc.subjectRURAL ROADS
dc.subjectSAFETY NET
dc.subjectSAFETY NET MEASURES
dc.subjectSAFETY NET PROGRAMS
dc.subjectSAFETY NET SYSTEMS
dc.subjectSAFETY NETS
dc.subjectSALE
dc.subjectSALES
dc.subjectSCHOOL FEEDING
dc.subjectSCHOOL FEEDING PROGRAMS
dc.subjectSEAFOOD
dc.subjectSECURITY CONCERNS
dc.subjectSELF TARGETING
dc.subjectSOCIAL IMPACTS
dc.subjectSOCIAL PROTECTION
dc.subjectSOCIAL SAFETY NET
dc.subjectSTABILIZATION POLICIES
dc.subjectSTAPLE FOODS
dc.subjectSTOCK MANAGEMENT
dc.subjectSUPPLIERS
dc.subjectSURPLUS
dc.subjectTARGETING
dc.subjectTRADE BALANCE
dc.subjectTRADE BARRIERS
dc.subjectTRADE OPPORTUNITIES
dc.subjectTRADE POLICIES
dc.subjectTRADE POLICY
dc.subjectTRADE REFORMS
dc.subjectVALUE ADDED
dc.subjectWAGES
dc.subjectWFP
dc.subjectWHEAT
dc.subjectWHEAT FLOUR
dc.subjectWORLD DEVELOPMENT INDICATORS
dc.subjectWORLD FOOD PROGRAM
dc.subjectWORLD MARKET
dc.titleGlobal Food Price Inflation : Implications for South Asia, Policy Reactions, and Future Challengesen
dspace.entity.typePublication
okr.crosscuttingsolutionareaJobs
okr.crossref.titleGlobal Food Price Inflation: Implications For South Asia, Policy Reactions, And Future Challenges
okr.date.doiregistration2025-04-10T12:22:03.713693Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2008/12/10115780/global-food-price-inflation-implications-south-asia-policy-reactions-future-challenges
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticePoverty
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid359361468777270951
okr.identifier.doi10.1596/1813-9450-4796
okr.identifier.externaldocumentum000158349_20081218084218
okr.identifier.internaldocumentum10115780
okr.identifier.reportWPS4796
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2008/12/18/000158349_20081218084218/Rendered/PDF/WPS4796.pdfen
okr.region.administrativeSouth Asia
okr.topicEconomic Theory and Research
okr.topicMacroeconomics and Economic Growth::Markets and Market Access
okr.topicFood and Beverage Industry
okr.topicPrivate Sector Development::Emerging Markets
okr.topicPoverty Reduction::Rural Poverty Reduction
okr.topicIndustry
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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