Potential Impact of Higher Food Prices on Poverty: Summary Estimates for a Dozen West and Central African Countries

33 Pages Posted: 20 Apr 2016

See all articles by Quentin T. Wodon

Quentin T. Wodon

World Bank

Clarence Tsimpo

World Bank

Prospere Backiny-Yetna

World Bank

George Joseph

Rutgers, The State University of New Jersey - Department of Economics

Franck Adoho

World Bank

Harold Coulombe

World Bank

Date Written: October 1, 2008

Abstract

Concerns have been raised about the impact of rising food prices worldwide on the poor. To assess the impact of rising food prices in any particular country it is necessary to look at both the impact on food producers who are poor or near-poor and could benefit from an increase in prices and food consumers who are poor or near-poor and would loose out when the price increases. In most West and Central African countries, the sign (positive or negative) of the impact is not ambiguous because a substantial share of food consumption is imported, so that the negative impact for consumers is larger than the positive impact for net sellers of locally produced foods. Yet even if the sign of the impact is clear, its magnitude is not. Using a set of recent and comprehensive household surveys, this paper summarizes findings from an assessment of the potential impact of higher food prices on the poor in a dozen countries. Rising food prices for rice, wheat, maize, and other cereals as well as for milk, sugar and vegetable oils could lead to a substantial increase in poverty in many of the countries. At the same time, the data suggest that the magnitude of the increase in poverty between different countries is likely to be different. Finally, the data suggest that a large share of the increase in poverty will consist of deeper levels of poverty among households who are already poor, even if there will also be a larger number of poor households in the various countries.

Keywords: Rural Poverty Reduction, Food & Beverage Industry, Population Policies, Poverty Lines

Suggested Citation

Wodon, Quentin T. and Tsimpo, Clarence and Backiny-Yetna, Prospere and Joseph, George and Adoho, Franck and Coulombe, Harold, Potential Impact of Higher Food Prices on Poverty: Summary Estimates for a Dozen West and Central African Countries (October 1, 2008). World Bank Policy Research Working Paper Series, Vol. , pp. -, 2008. Available at SSRN: https://ssrn.com/abstract=1277064

Quentin T. Wodon (Contact Author)

World Bank ( email )

1818 H Street NW
Washington, DC 20433
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202-473-1446 (Phone)
202-522-0054 (Fax)

Clarence Tsimpo

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

Prospere Backiny-Yetna

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

George Joseph

Rutgers, The State University of New Jersey - Department of Economics ( email )

75 Hamilton Street
New Brunswick, NJ 08901
United States

Franck Adoho

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

Harold Coulombe

World Bank ( email )

1818 H Street, N.W.
Washington, DC 20433
United States

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