Burkina Faso - Policies to Protect the Poor from the Impact of Food and Energy Price Increases
26 Pages Posted: 27 Aug 2011
Date Written: August 2011
Abstract
This paper assesses the effectiveness of policies taken by the Burkinabè authorities to protect the poor from the adverse impact of a combined food and oil price shock in 2008. Estimates of the impact based on household survey data and a price pass-through model suggest that these policies were not well-targeted, benefiting the wealthier groups of the population rather than the poor. More effective policy measures, such as a conditional cash transfer system, which is already being implemented on a pilot basis in urban areas, are discussed as an alternative policy option.
Keywords: Agricultural prices, Burkina Faso, Energy prices, Fiscal policy, Price increases, Social safety nets
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