Breisinger, ClemensDiao, XinshenCollion, Marie-HelenRondot, Pierre2012-03-302012-03-302011Development Policy Review09506764https://hdl.handle.net/10986/5450Yemen is an oil-exporting and food-importing country with the highest levels of poverty in the Middle East and North Africa. The impacts of the triple crisis are likely to further complicate pre-existing conditions of conflict, oil depletion and governance failure. Using a dynamic CGE model, this article finds that oil-driven growth in 2008 dominated the negative growth impacts of the food crisis, but that growth was not pro-poor. The financial crisis of 2009 slowed growth sharply and raised the poverty rate to 42.8%, up from 34.8% in 2005/6. Poverty continues to be higher in rural areas, where almost half the population live in poverty.ENFinancial Crises G010Measurement and Analysis of Poverty I320Economic Development: AgricultureNatural ResourcesEnergyEnvironmentOther Primary Products O130Economic Development: Human ResourcesHuman DevelopmentIncome DistributionMigration O150Economic Development: Financial MarketsSaving and Capital InvestmentCorporate Finance and Governance O160Measurement of Economic GrowthAggregate ProductivityCross-Country Output Convergence O470Natural Resources and Domestic and International Conflicts Q340Journal ArticleWorld Bank