Higher Fuel and Food Prices : Impacts and Responses for Mozambique

The dramatic increases in world food and fuel prices during 2007 and early 2008 may set back Mozambique's considerable advances in poverty reduction during the past decade. This study assesses the impact of higher fuel and food prices at both...

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Bibliographic Details
Main Author: World Bank
Format: Policy Note
Language:English
en_US
Published: Washington, DC 2014
Subjects:
GDP
GNP
TAX
Online Access:http://documents.worldbank.org/curated/en/2008/12/10761138/mozambique-higher-fuel-food-prices-impacts-responses-mozambique
http://hdl.handle.net/10986/18909
id okr-10986-18909
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ABSOLUTE POVERTY
ADVERSE EFFECTS
AGRICULTURAL COMMODITIES
AGRICULTURAL LAND
AGRICULTURAL OUTPUT
AGRICULTURAL PRICES
AGRICULTURAL PRODUCTION
AGRICULTURAL PRODUCTIVITY
AGRICULTURAL PRODUCTS
AGRICULTURAL SECTOR
AGRICULTURAL TECHNOLOGY
AGRICULTURAL WAGES
AGRICULTURE
ARBITRAGE
BASE YEAR
BORDER PRICE
CASH TRANSFER PROGRAMS
CASH TRANSFERS
CASSAVA
CEREAL CROPS
CEREALS
CIVIL WAR
COMMERCE
COMMERCIALIZATION
COMMODITIES
COMMODITY
COMMODITY PRICE
COMMODITY PRICES
COMPETITIVE MARKET
CONSTANT RETURNS TO SCALE
CONSUMER PRICE
CONSUMER PRICE INDEX
CONSUMER PRICES
CONSUMERS
CONSUMPTION EXPENDITURES
CONSUMPTION LEVELS
COOKING
COST OF LIVING
CROP PRODUCTION
CROSS PRICE
DEVELOPMENT ECONOMICS
DISTRIBUTION OF BENEFITS
DOMESTIC MARKET
DOMESTIC MARKETS
DOMESTIC PRICE
DOMESTIC PRICES
ECONOMIC SECTORS
ECONOMIC STRUCTURE
ELASTICITY
ELASTICITY OF SUBSTITUTION
ENERGY PRICES
EQUILIBRIUM
EXCHANGE RATE
EXCHANGE RATE FLUCTUATIONS
EXCHANGE RATE MOVEMENTS
EXCHANGE RATES
EXPENDITURE
EXPENDITURES
EXPORT SECTORS
FACTOR PRICE
FACTOR PRICES
FACTORS OF PRODUCTION
FARM PRODUCTIVITY
FARMERS
FINANCIAL CRISIS
FINANCIAL FLOWS
FINANCIAL MANAGEMENT
FISCAL DEFICIT
FIXED COSTS
FLOUR
FOOD BASKET
FOOD BUYERS
FOOD CONSUMERS
FOOD CONSUMPTION
FOOD EXPENDITURES
FOOD EXPORTS
FOOD GRAINS
FOOD IMPORTS
FOOD ITEMS
FOOD PRICE
FOOD PRICE SUBSIDIES
FOOD PRICES
FOOD PRODUCTION
FOOD SALES
FOOD STAPLES
FOOD SUBSIDIES
FOREIGN CURRENCY
FOREIGN EXCHANGE
FOREIGN MARKETS
GDP
GENERAL EQUILIBRIUM ANALYSIS
GNP
GRAINS
GROSS DOMESTIC PRODUCT
GROSS NATIONAL PRODUCT
GROUNDNUTS
HOUSEHOLD CONSUMPTION
HOUSEHOLD INCOME
HOUSEHOLD SURVEY
HOUSEHOLD WELFARE
HYDROCARBONS
IFPRI
IMPACT ON POVERTY
IMPERFECT COMPETITION
INCOME
INCOME DISTRIBUTION
INCOME GROUP
INCOME GROUPS
INCOME LEVELS
INCOME QUINTILE
INCOMES
INFLATION
INSURANCE
INTERNATIONAL RESERVES
INTERNATIONAL TRADE
INVESTMENT CLIMATE
LABOR MARKETS
LAND OWNERSHIP
LANDHOLDINGS
LOCAL CURRENCY
LOW-INCOME COUNTRIES
MACROECONOMIC ADJUSTMENTS
MACROECONOMIC LEVELS
MAIZE
MARGINAL COST
MARGINAL REVENUE
MARKET ECONOMY
MARKET INFRASTRUCTURE
MARKET PRICE
MARKET PRICES
MARKET RETURNS
MARKET SHARE
MARKETED FOODS
MARKETING
MEAT
MEATS
MILLING INDUSTRY
NATIONAL INCOME
NATIONAL POVERTY
PARTIAL EQUILIBRIUM ANALYSIS
PENSION
PENSION SYSTEM
PETROLEUM PRODUCTS
POOR
POOR COUNTRIES
POOR HOUSEHOLDS
POOR PERSONS
POVERTY IMPACT
POVERTY LEVELS
POVERTY LINE
POVERTY MEASURES
POVERTY RATES
POVERTY REDUCTION
POVERTY REDUCTION STRATEGY
PRICE CHANGE
PRICE CHANGES
PRICE DISCRIMINATION
PRICE INCREASE
PRICE INCREASES
PRICE LEVELS
PRICE MOVEMENTS
PRICE SUBSIDY
PRICE TRENDS
PRICE VOLATILITY
PRICING POLICIES
PRIVATE INVESTMENT
PROCESSED FOODS
PRODUCTION STRUCTURE
PROFIT MAXIMIZATION
PUBLIC POLICY
PUBLIC SAVINGS
PUBLIC WORKS
PULSES
PURCHASING
PURCHASING POWER
RAPID GROWTH
RATE OF GROWTH
REAL INCOME
RETAIL
RETAIL MARKETS
RETAIL PRICE
RETAIL PRICES
RICE
ROOT CROPS
RURAL
RURAL AREAS
RURAL ECONOMY
RURAL FARM
RURAL HOUSEHOLD
RURAL HOUSEHOLDS
RURAL INCOMES
RURAL LABOR
RURAL POOR
RURAL POVERTY
RURAL WAGES
SAFETY NET
SAFETY NETS
SALE
SALES
SAVINGS
SMALL COUNTRY
SOCIAL PROTECTION
SOCIAL SAFETY NETS
SOCIAL SECURITY
SPREAD
STAPLE FOODS
STRUCTURAL CHANGE
SUBSTITUTES
SUBSTITUTION
SUGAR
SURPLUS
TARGETED SOCIAL SAFETY NETS
TAX
TAX RATES
TAXATION
TECHNICAL ASSISTANCE
TOTAL SALES
TRADE BARRIERS
TRADE LIBERALIZATION
TRADE POLICIES
TRADE POLICY
TRADE TAXES
TRANSACTION COST
TRANSACTION COSTS
TROUGH
VALUE ADDED
WAGE RATES
WAGES
WEALTH
WHEAT
WHEAT FLOUR
WHOLESALERS
spellingShingle ABSOLUTE POVERTY
ADVERSE EFFECTS
AGRICULTURAL COMMODITIES
AGRICULTURAL LAND
AGRICULTURAL OUTPUT
AGRICULTURAL PRICES
AGRICULTURAL PRODUCTION
AGRICULTURAL PRODUCTIVITY
AGRICULTURAL PRODUCTS
AGRICULTURAL SECTOR
AGRICULTURAL TECHNOLOGY
AGRICULTURAL WAGES
AGRICULTURE
ARBITRAGE
BASE YEAR
BORDER PRICE
CASH TRANSFER PROGRAMS
CASH TRANSFERS
CASSAVA
CEREAL CROPS
CEREALS
CIVIL WAR
COMMERCE
COMMERCIALIZATION
COMMODITIES
COMMODITY
COMMODITY PRICE
COMMODITY PRICES
COMPETITIVE MARKET
CONSTANT RETURNS TO SCALE
CONSUMER PRICE
CONSUMER PRICE INDEX
CONSUMER PRICES
CONSUMERS
CONSUMPTION EXPENDITURES
CONSUMPTION LEVELS
COOKING
COST OF LIVING
CROP PRODUCTION
CROSS PRICE
DEVELOPMENT ECONOMICS
DISTRIBUTION OF BENEFITS
DOMESTIC MARKET
DOMESTIC MARKETS
DOMESTIC PRICE
DOMESTIC PRICES
ECONOMIC SECTORS
ECONOMIC STRUCTURE
ELASTICITY
ELASTICITY OF SUBSTITUTION
ENERGY PRICES
EQUILIBRIUM
EXCHANGE RATE
EXCHANGE RATE FLUCTUATIONS
EXCHANGE RATE MOVEMENTS
EXCHANGE RATES
EXPENDITURE
EXPENDITURES
EXPORT SECTORS
FACTOR PRICE
FACTOR PRICES
FACTORS OF PRODUCTION
FARM PRODUCTIVITY
FARMERS
FINANCIAL CRISIS
FINANCIAL FLOWS
FINANCIAL MANAGEMENT
FISCAL DEFICIT
FIXED COSTS
FLOUR
FOOD BASKET
FOOD BUYERS
FOOD CONSUMERS
FOOD CONSUMPTION
FOOD EXPENDITURES
FOOD EXPORTS
FOOD GRAINS
FOOD IMPORTS
FOOD ITEMS
FOOD PRICE
FOOD PRICE SUBSIDIES
FOOD PRICES
FOOD PRODUCTION
FOOD SALES
FOOD STAPLES
FOOD SUBSIDIES
FOREIGN CURRENCY
FOREIGN EXCHANGE
FOREIGN MARKETS
GDP
GENERAL EQUILIBRIUM ANALYSIS
GNP
GRAINS
GROSS DOMESTIC PRODUCT
GROSS NATIONAL PRODUCT
GROUNDNUTS
HOUSEHOLD CONSUMPTION
HOUSEHOLD INCOME
HOUSEHOLD SURVEY
HOUSEHOLD WELFARE
HYDROCARBONS
IFPRI
IMPACT ON POVERTY
IMPERFECT COMPETITION
INCOME
INCOME DISTRIBUTION
INCOME GROUP
INCOME GROUPS
INCOME LEVELS
INCOME QUINTILE
INCOMES
INFLATION
INSURANCE
INTERNATIONAL RESERVES
INTERNATIONAL TRADE
INVESTMENT CLIMATE
LABOR MARKETS
LAND OWNERSHIP
LANDHOLDINGS
LOCAL CURRENCY
LOW-INCOME COUNTRIES
MACROECONOMIC ADJUSTMENTS
MACROECONOMIC LEVELS
MAIZE
MARGINAL COST
MARGINAL REVENUE
MARKET ECONOMY
MARKET INFRASTRUCTURE
MARKET PRICE
MARKET PRICES
MARKET RETURNS
MARKET SHARE
MARKETED FOODS
MARKETING
MEAT
MEATS
MILLING INDUSTRY
NATIONAL INCOME
NATIONAL POVERTY
PARTIAL EQUILIBRIUM ANALYSIS
PENSION
PENSION SYSTEM
PETROLEUM PRODUCTS
POOR
POOR COUNTRIES
POOR HOUSEHOLDS
POOR PERSONS
POVERTY IMPACT
POVERTY LEVELS
POVERTY LINE
POVERTY MEASURES
POVERTY RATES
POVERTY REDUCTION
POVERTY REDUCTION STRATEGY
PRICE CHANGE
PRICE CHANGES
PRICE DISCRIMINATION
PRICE INCREASE
PRICE INCREASES
PRICE LEVELS
PRICE MOVEMENTS
PRICE SUBSIDY
PRICE TRENDS
PRICE VOLATILITY
PRICING POLICIES
PRIVATE INVESTMENT
PROCESSED FOODS
PRODUCTION STRUCTURE
PROFIT MAXIMIZATION
PUBLIC POLICY
PUBLIC SAVINGS
PUBLIC WORKS
PULSES
PURCHASING
PURCHASING POWER
RAPID GROWTH
RATE OF GROWTH
REAL INCOME
RETAIL
RETAIL MARKETS
RETAIL PRICE
RETAIL PRICES
RICE
ROOT CROPS
RURAL
RURAL AREAS
RURAL ECONOMY
RURAL FARM
RURAL HOUSEHOLD
RURAL HOUSEHOLDS
RURAL INCOMES
RURAL LABOR
RURAL POOR
RURAL POVERTY
RURAL WAGES
SAFETY NET
SAFETY NETS
SALE
SALES
SAVINGS
SMALL COUNTRY
SOCIAL PROTECTION
SOCIAL SAFETY NETS
SOCIAL SECURITY
SPREAD
STAPLE FOODS
STRUCTURAL CHANGE
SUBSTITUTES
SUBSTITUTION
SUGAR
SURPLUS
TARGETED SOCIAL SAFETY NETS
TAX
TAX RATES
TAXATION
TECHNICAL ASSISTANCE
TOTAL SALES
TRADE BARRIERS
TRADE LIBERALIZATION
TRADE POLICIES
TRADE POLICY
TRADE TAXES
TRANSACTION COST
TRANSACTION COSTS
TROUGH
VALUE ADDED
WAGE RATES
WAGES
WEALTH
WHEAT
WHEAT FLOUR
WHOLESALERS
World Bank
Higher Fuel and Food Prices : Impacts and Responses for Mozambique
geographic_facet Africa
Mozambique
description The dramatic increases in world food and fuel prices during 2007 and early 2008 may set back Mozambique's considerable advances in poverty reduction during the past decade. This study assesses the impact of higher fuel and food prices at both household and macroeconomic levels, and also considers policy options to mitigate some of the negative impacts of higher prices. Rising world prices certainly represents a negative terms-of-trade shock for Mozambique, since the country imports almost all of its fuel and is a net importer of food. The report is structured in six sections. Section two presents information on the extent of international food and fuel price increases and their transmission to local markets in Mozambique. Section three presents household-level analysis focused on the first order impact of the food price increases. Section four complements previous sections by examining the impact of higher food and fuel prices within a general equilibrium framework. Section five discusses the likely impact of alternative policy options in the short and long term. Section six summarizes and concludes.
format Economic & Sector Work :: Policy Note
author World Bank
author_facet World Bank
author_sort World Bank
title Higher Fuel and Food Prices : Impacts and Responses for Mozambique
title_short Higher Fuel and Food Prices : Impacts and Responses for Mozambique
title_full Higher Fuel and Food Prices : Impacts and Responses for Mozambique
title_fullStr Higher Fuel and Food Prices : Impacts and Responses for Mozambique
title_full_unstemmed Higher Fuel and Food Prices : Impacts and Responses for Mozambique
title_sort higher fuel and food prices : impacts and responses for mozambique
publisher Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2008/12/10761138/mozambique-higher-fuel-food-prices-impacts-responses-mozambique
http://hdl.handle.net/10986/18909
_version_ 1764441040029220864
spelling okr-10986-189092021-04-23T14:03:45Z Higher Fuel and Food Prices : Impacts and Responses for Mozambique World Bank ABSOLUTE POVERTY ADVERSE EFFECTS AGRICULTURAL COMMODITIES AGRICULTURAL LAND AGRICULTURAL OUTPUT AGRICULTURAL PRICES AGRICULTURAL PRODUCTION AGRICULTURAL PRODUCTIVITY AGRICULTURAL PRODUCTS AGRICULTURAL SECTOR AGRICULTURAL TECHNOLOGY AGRICULTURAL WAGES AGRICULTURE ARBITRAGE BASE YEAR BORDER PRICE CASH TRANSFER PROGRAMS CASH TRANSFERS CASSAVA CEREAL CROPS CEREALS CIVIL WAR COMMERCE COMMERCIALIZATION COMMODITIES COMMODITY COMMODITY PRICE COMMODITY PRICES COMPETITIVE MARKET CONSTANT RETURNS TO SCALE CONSUMER PRICE CONSUMER PRICE INDEX CONSUMER PRICES CONSUMERS CONSUMPTION EXPENDITURES CONSUMPTION LEVELS COOKING COST OF LIVING CROP PRODUCTION CROSS PRICE DEVELOPMENT ECONOMICS DISTRIBUTION OF BENEFITS DOMESTIC MARKET DOMESTIC MARKETS DOMESTIC PRICE DOMESTIC PRICES ECONOMIC SECTORS ECONOMIC STRUCTURE ELASTICITY ELASTICITY OF SUBSTITUTION ENERGY PRICES EQUILIBRIUM EXCHANGE RATE EXCHANGE RATE FLUCTUATIONS EXCHANGE RATE MOVEMENTS EXCHANGE RATES EXPENDITURE EXPENDITURES EXPORT SECTORS FACTOR PRICE FACTOR PRICES FACTORS OF PRODUCTION FARM PRODUCTIVITY FARMERS FINANCIAL CRISIS FINANCIAL FLOWS FINANCIAL MANAGEMENT FISCAL DEFICIT FIXED COSTS FLOUR FOOD BASKET FOOD BUYERS FOOD CONSUMERS FOOD CONSUMPTION FOOD EXPENDITURES FOOD EXPORTS FOOD GRAINS FOOD IMPORTS FOOD ITEMS FOOD PRICE FOOD PRICE SUBSIDIES FOOD PRICES FOOD PRODUCTION FOOD SALES FOOD STAPLES FOOD SUBSIDIES FOREIGN CURRENCY FOREIGN EXCHANGE FOREIGN MARKETS GDP GENERAL EQUILIBRIUM ANALYSIS GNP GRAINS GROSS DOMESTIC PRODUCT GROSS NATIONAL PRODUCT GROUNDNUTS HOUSEHOLD CONSUMPTION HOUSEHOLD INCOME HOUSEHOLD SURVEY HOUSEHOLD WELFARE HYDROCARBONS IFPRI IMPACT ON POVERTY IMPERFECT COMPETITION INCOME INCOME DISTRIBUTION INCOME GROUP INCOME GROUPS INCOME LEVELS INCOME QUINTILE INCOMES INFLATION INSURANCE INTERNATIONAL RESERVES INTERNATIONAL TRADE INVESTMENT CLIMATE LABOR MARKETS LAND OWNERSHIP LANDHOLDINGS LOCAL CURRENCY LOW-INCOME COUNTRIES MACROECONOMIC ADJUSTMENTS MACROECONOMIC LEVELS MAIZE MARGINAL COST MARGINAL REVENUE MARKET ECONOMY MARKET INFRASTRUCTURE MARKET PRICE MARKET PRICES MARKET RETURNS MARKET SHARE MARKETED FOODS MARKETING MEAT MEATS MILLING INDUSTRY NATIONAL INCOME NATIONAL POVERTY PARTIAL EQUILIBRIUM ANALYSIS PENSION PENSION SYSTEM PETROLEUM PRODUCTS POOR POOR COUNTRIES POOR HOUSEHOLDS POOR PERSONS POVERTY IMPACT POVERTY LEVELS POVERTY LINE POVERTY MEASURES POVERTY RATES POVERTY REDUCTION POVERTY REDUCTION STRATEGY PRICE CHANGE PRICE CHANGES PRICE DISCRIMINATION PRICE INCREASE PRICE INCREASES PRICE LEVELS PRICE MOVEMENTS PRICE SUBSIDY PRICE TRENDS PRICE VOLATILITY PRICING POLICIES PRIVATE INVESTMENT PROCESSED FOODS PRODUCTION STRUCTURE PROFIT MAXIMIZATION PUBLIC POLICY PUBLIC SAVINGS PUBLIC WORKS PULSES PURCHASING PURCHASING POWER RAPID GROWTH RATE OF GROWTH REAL INCOME RETAIL RETAIL MARKETS RETAIL PRICE RETAIL PRICES RICE ROOT CROPS RURAL RURAL AREAS RURAL ECONOMY RURAL FARM RURAL HOUSEHOLD RURAL HOUSEHOLDS RURAL INCOMES RURAL LABOR RURAL POOR RURAL POVERTY RURAL WAGES SAFETY NET SAFETY NETS SALE SALES SAVINGS SMALL COUNTRY SOCIAL PROTECTION SOCIAL SAFETY NETS SOCIAL SECURITY SPREAD STAPLE FOODS STRUCTURAL CHANGE SUBSTITUTES SUBSTITUTION SUGAR SURPLUS TARGETED SOCIAL SAFETY NETS TAX TAX RATES TAXATION TECHNICAL ASSISTANCE TOTAL SALES TRADE BARRIERS TRADE LIBERALIZATION TRADE POLICIES TRADE POLICY TRADE TAXES TRANSACTION COST TRANSACTION COSTS TROUGH VALUE ADDED WAGE RATES WAGES WEALTH WHEAT WHEAT FLOUR WHOLESALERS The dramatic increases in world food and fuel prices during 2007 and early 2008 may set back Mozambique's considerable advances in poverty reduction during the past decade. This study assesses the impact of higher fuel and food prices at both household and macroeconomic levels, and also considers policy options to mitigate some of the negative impacts of higher prices. Rising world prices certainly represents a negative terms-of-trade shock for Mozambique, since the country imports almost all of its fuel and is a net importer of food. The report is structured in six sections. Section two presents information on the extent of international food and fuel price increases and their transmission to local markets in Mozambique. Section three presents household-level analysis focused on the first order impact of the food price increases. Section four complements previous sections by examining the impact of higher food and fuel prices within a general equilibrium framework. Section five discusses the likely impact of alternative policy options in the short and long term. Section six summarizes and concludes. 2014-07-18T20:37:57Z 2014-07-18T20:37:57Z 2008-12 http://documents.worldbank.org/curated/en/2008/12/10761138/mozambique-higher-fuel-food-prices-impacts-responses-mozambique http://hdl.handle.net/10986/18909 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Economic & Sector Work :: Policy Note Economic & Sector Work Africa Mozambique