Escalating Food Prices: The Threat to Poor Households and Policies to Safeguard a Recovery for All

UNICEF Working Paper

47 Pages Posted: 13 Feb 2011

See all articles by Isabel Ortiz

Isabel Ortiz

United Nations - International Labour Organization (ILO); Initiative for Policy Dialogue

Jingqing Chai

UNICEF

Matthew Cummins

UNICEF

Date Written: February 11, 2011

Abstract

This working paper: (i) briefly reviews possible causes of the food price spike that began in mid-2010; (ii) examines recent local food price movements in 58 developing countries during 2010; (iii) discusses the adverse impacts of food price increases on households; (iv) presents a rapid desk review of international and domestic policy responses in 98 developing countries under a three-pillar policy framework - supporting consumption, boosting production and regulating/managing food markets; and (v) calls for urgent and coordinated policy actions by national governments and the international community.

Keywords: food price, commodity price, food inflation, food crisis, supply shock, exchange rate, export ban, commodity futures, hunger, malnutrition, poverty, inequality, import bills, subsidies, tariffs, food market regulation, crisis recovery, fiscal consolidation

JEL Classification: H, H12, I38, Q18

Suggested Citation

Ortiz, Isabel and Chai, Jingqing and Cummins, Matthew, Escalating Food Prices: The Threat to Poor Households and Policies to Safeguard a Recovery for All (February 11, 2011). UNICEF Working Paper . Available at SSRN: https://ssrn.com/abstract=1760162 or http://dx.doi.org/10.2139/ssrn.1760162

Isabel Ortiz (Contact Author)

United Nations - International Labour Organization (ILO) ( email )

ILO HQ, Route des Morillons 4
Geneva, 1211
Switzerland
+41227996226 (Phone)

HOME PAGE: http://www.ilo.org/

Initiative for Policy Dialogue ( email )

Columbia University
New York, NY
United States

HOME PAGE: http://policydialogue.org/programs/taskforces/global_social_justice/

Jingqing Chai

UNICEF ( email )

P. O. Box 4884
New York, NY
United States

Matthew Cummins

UNICEF ( email )

PO Box 44145
Nairobi, Nairobi 00100
Kenya

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