Implications of Higher Global Food Prices For Poverty In Low-Income Countries
Implications of Higher Global Food Prices For Poverty In Low-Income Countries:

In many poor countries, the recent increases in prices of staple foods raise the real incomes of those selling food, many of whom are relatively poor, while hurting net food consumers, many of whom are also relatively poor. The impacts on poverty will certainly be very diverse, but the average impac...

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1. Verfasser: Ivanic, Maros (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C The World Bank 2008
Schlagworte:
Food Prices
Food commodities
Food consumers
Impact on poverty
Income
Macroeconomics and Economic Growth
Markets and Market Access
Poor
Poor countries
Poor households
Poor people
Poverty Reduction
Poverty rates
Rural Development
Rural Poverty Reduction
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Zusammenfassung:In many poor countries, the recent increases in prices of staple foods raise the real incomes of those selling food, many of whom are relatively poor, while hurting net food consumers, many of whom are also relatively poor. The impacts on poverty will certainly be very diverse, but the average impact on poverty depends upon the balance between these two effects, and can only be determined by looking at real-world data. Results using household data for ten observations on nine low-income countries show that the short-run impacts of higher staple food prices on poverty differ considerably by commodity and by country, but, that poverty increases are much more frequent, and larger, than poverty reductions. The recent large increases in food prices appear likely to raise overall poverty in low income countries substantially
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