Impacts of the Triple Global Crisis on Growth and Poverty: The Case of Yemen

30 Pages Posted: 3 Feb 2011

See all articles by Clemens Breisinger

Clemens Breisinger

International Food Policy Research Institute (IFPRI)

Xinshen Diao

International Food Policy Research Institute (IFPRI)

Marie-Helen Collion

affiliation not provided to SSRN

Pierre Rondot

affiliation not provided to SSRN

Abstract

Yemen 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.

Keywords: Global economic crises, conflict, growth, poverty, CGE, Middle East and North Africa, Yemen

Suggested Citation

Breisinger, Clemens and Diao, Xinshen and Collion, Marie-Helen and Rondot, Pierre, Impacts of the Triple Global Crisis on Growth and Poverty: The Case of Yemen. Development Policy Review, Vol. 29, No. 2, pp. 155-184, 2011. Available at SSRN: https://ssrn.com/abstract=1754264 or http://dx.doi.org/10.1111/j.1467-7679.2011.00530.x

Clemens Breisinger

International Food Policy Research Institute (IFPRI) ( email )

2033 K Street, NW
Washington, DC 20006
United States

Xinshen Diao

International Food Policy Research Institute (IFPRI) ( email )

2033 K Street, NW
Washington, DC 20006
United States
202-862-8113 (Phone)
202-467-4439 (Fax)

Marie-Helen Collion

affiliation not provided to SSRN

No Address Available

Pierre Rondot

affiliation not provided to SSRN

No Address Available

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