Abstract

http://ssrn.com/abstract=1392424
 
 

References (61)



 
 

Citations (1)



 


 



Coping with Rising Food Prices: Policy Dilemmas in the Developing World


Nora Lustig


Tulane University

March 19, 2009

Center for Global Development Working Paper No. 164

Abstract:     
Rising food prices cause considerable policy dilemmas for developing country governments. Letting domestic prices adjust to reflect the full change in international prices generates inflationary pressures and causes severe hardship for poor households lacking access to social safety nets. Alternatively, governments can use food subsidies or export restrictions to stabilize domestic prices, yet this exacerbates global food price increases and undermines a rules-based trading system. The recent episode shows that many countries chose to shift the burden of adjustment back to international markets. The use of corn and oilseed for the production of biofuel will result in a recurrence of such episodes in the foreseeable future.

Number of Pages in PDF File: 31

Keywords: Food Prices, Inflation, Poverty, Africa, Asia, Latin America and the Caribbean

working papers series





Download This Paper

Date posted: April 23, 2009  

Suggested Citation

Lustig, Nora, Coping with Rising Food Prices: Policy Dilemmas in the Developing World (March 19, 2009). Center for Global Development Working Paper No. 164. Available at SSRN: http://ssrn.com/abstract=1392424 or http://dx.doi.org/10.2139/ssrn.1392424

Contact Information

Nora Claudia Lustig (Contact Author)
Tulane University ( email )
New Orleans, LA 70118
United States
Feedback to SSRN


Paper statistics
Abstract Views: 899
Downloads: 219
Download Rank: 82,658
References:  61
Citations:  1

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo8 in 0.454 seconds