Food Price Increases in South Asia : National Responses and Regional Dimensions

Food price inflation not only threatens macroeconomic stability but also decreases the welfare levels of most households, especially the poorer ones, for whom food consumption constitutes a relatively large share of total expenditures. This report...

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Bibliographic Details
Main Author: World Bank
Format: Other Agricultural Study
Language:English
Published: World Bank 2012
Subjects:
TAX
WFP
WTO
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20100806030709
http://hdl.handle.net/10986/2885
id okr-10986-2885
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
topic AGRICULTURAL OUTPUT
AGRICULTURAL PRICE
AGRICULTURAL PRODUCTION
AGRICULTURE
BANK MANAGEMENT
BEEF
BREAD
BUTTER
CENTRAL BANK
CEREAL CROPS
CEREAL IMPORTS
CEREAL PRICE
CEREAL PRICES
CEREALS
COMMODITIES
COMMODITY
COMMODITY PRICES
CONSUMER PRICE
CONSUMER PRICE INDEX
CONSUMER PRICE INDICES
CONSUMER PRICES
CONSUMERS
COPYRIGHT CLEARANCE
COPYRIGHT CLEARANCE CENTER
DAIRY
DATA AVAILABILITY
DEMAND GROWTH
DEVELOPING COUNTRIES
DOMESTIC MARKET
DOMESTIC MARKETS
DOMESTIC PRICE
DOMESTIC PRICES
ECONOMIC COOPERATION
ECONOMIC CRISIS
EDIBLE OILS
ENERGY PRICES
EXCHANGE RATE
EXCHANGE RATES
EXPENDITURE
EXPENDITURES
EXPORTS
FOOD AID
FOOD CONSUMPTION
FOOD CROPS
FOOD DISTRIBUTION
FOOD FOR WORK
FOOD GRAINS
FOOD IMPORTS
FOOD INSECURITY
FOOD POLICIES
FOOD POLICY
FOOD POLICY RESEARCH
FOOD PRICE
FOOD PRICE INFLATION
FOOD PRICES
FOOD PRODUCTION
FOOD SECURITY
FOOD SHORTAGES
FOOD STAPLES
FOOD SUPPLIES
FOOD SUPPLY
FOODGRAINS
FOODS
FREE TRADE
FUTURES
GRAIN RESERVES
GRAINS
GROSS DOMESTIC PRODUCT
GROWTH RATES
HEDGE FUNDS
IFPRI
INCOME
INCOME ELASTICITY OF DEMAND
INCOME GROUPS
INCOME LEVELS
INCOMES
INFLATION RATE
INFLATION RATES
INFLATIONARY PRESSURE
INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE
INTERNATIONAL MARKET
INTERNATIONAL MARKETS
INTERNATIONAL TRADE
LIBERALIZATION
LIVING STANDARDS
MACROECONOMIC STABILITY
MAIZE
MARKET CONDITIONS
MARKET FAILURE
MARKET PRICE
MARKET PRICES
MEAT
MONETARY POLICIES
MORTGAGE
MUTUAL FUNDS
NOMINAL INCOME
OUTPUTS
PADDY
PALM OIL
PESTICIDES
POLITICAL ECONOMY
PORK
PRICE CHANGE
PRICE CHANGES
PRICE ELASTICITY
PRICE ELASTICITY OF DEMAND
PRICE ELASTICITY OF SUPPLY
PRICE INCENTIVES
PRICE INCREASE
PRICE INCREASES
PRICE INDEX
PRICE POLICIES
PRICE VARIATION
PRICE VOLATILITY
PRICING POLICIES
PRICING POLICY
PRODUCTIVITY
PRODUCTIVITY GROWTH
PROTECTIONISM
PURCHASING
PURCHASING POWER
REAL GDP
REAL INCOME
REGIONAL TRADE
RESERVE BANK
RETAIL
RETAIL PRICE
RICE
RICE MARKETING
RURAL INFRASTRUCTURE
SAFETY NET
SAFETY NETS
SALES
SAVINGS
SOCIAL PROTECTION
SOYBEAN
SOYBEANS
SPOT PRICES
STATE BANK
STOCK MANAGEMENT
STOCK MARKETS
STOCKS
SUBSTITUTE
SUBSTITUTES
SUGAR
SUPPLY ELASTICITY
SUSTAINABLE DEVELOPMENT
TARIFF BARRIERS
TAX
TAX CREDIT
TECHNOLOGY TRANSFER
TRADE BARRIERS
TRADE LIBERALIZATION
TRADE NEGOTIATIONS
TRADE POLICIES
TRADE POLICY
TRANSACTION COSTS
UNDERLYING PROBLEMS
WAGE RATES
WAGES
WFP
WHEAT
WHEAT FLOUR
WHOLESALE PRICES
WORLD FOOD PROGRAM
WORLD MARKET
WORLD MARKETS
WORLD TRADE
WORLD TRADE ORGANIZATION
WTO
spellingShingle AGRICULTURAL OUTPUT
AGRICULTURAL PRICE
AGRICULTURAL PRODUCTION
AGRICULTURE
BANK MANAGEMENT
BEEF
BREAD
BUTTER
CENTRAL BANK
CEREAL CROPS
CEREAL IMPORTS
CEREAL PRICE
CEREAL PRICES
CEREALS
COMMODITIES
COMMODITY
COMMODITY PRICES
CONSUMER PRICE
CONSUMER PRICE INDEX
CONSUMER PRICE INDICES
CONSUMER PRICES
CONSUMERS
COPYRIGHT CLEARANCE
COPYRIGHT CLEARANCE CENTER
DAIRY
DATA AVAILABILITY
DEMAND GROWTH
DEVELOPING COUNTRIES
DOMESTIC MARKET
DOMESTIC MARKETS
DOMESTIC PRICE
DOMESTIC PRICES
ECONOMIC COOPERATION
ECONOMIC CRISIS
EDIBLE OILS
ENERGY PRICES
EXCHANGE RATE
EXCHANGE RATES
EXPENDITURE
EXPENDITURES
EXPORTS
FOOD AID
FOOD CONSUMPTION
FOOD CROPS
FOOD DISTRIBUTION
FOOD FOR WORK
FOOD GRAINS
FOOD IMPORTS
FOOD INSECURITY
FOOD POLICIES
FOOD POLICY
FOOD POLICY RESEARCH
FOOD PRICE
FOOD PRICE INFLATION
FOOD PRICES
FOOD PRODUCTION
FOOD SECURITY
FOOD SHORTAGES
FOOD STAPLES
FOOD SUPPLIES
FOOD SUPPLY
FOODGRAINS
FOODS
FREE TRADE
FUTURES
GRAIN RESERVES
GRAINS
GROSS DOMESTIC PRODUCT
GROWTH RATES
HEDGE FUNDS
IFPRI
INCOME
INCOME ELASTICITY OF DEMAND
INCOME GROUPS
INCOME LEVELS
INCOMES
INFLATION RATE
INFLATION RATES
INFLATIONARY PRESSURE
INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE
INTERNATIONAL MARKET
INTERNATIONAL MARKETS
INTERNATIONAL TRADE
LIBERALIZATION
LIVING STANDARDS
MACROECONOMIC STABILITY
MAIZE
MARKET CONDITIONS
MARKET FAILURE
MARKET PRICE
MARKET PRICES
MEAT
MONETARY POLICIES
MORTGAGE
MUTUAL FUNDS
NOMINAL INCOME
OUTPUTS
PADDY
PALM OIL
PESTICIDES
POLITICAL ECONOMY
PORK
PRICE CHANGE
PRICE CHANGES
PRICE ELASTICITY
PRICE ELASTICITY OF DEMAND
PRICE ELASTICITY OF SUPPLY
PRICE INCENTIVES
PRICE INCREASE
PRICE INCREASES
PRICE INDEX
PRICE POLICIES
PRICE VARIATION
PRICE VOLATILITY
PRICING POLICIES
PRICING POLICY
PRODUCTIVITY
PRODUCTIVITY GROWTH
PROTECTIONISM
PURCHASING
PURCHASING POWER
REAL GDP
REAL INCOME
REGIONAL TRADE
RESERVE BANK
RETAIL
RETAIL PRICE
RICE
RICE MARKETING
RURAL INFRASTRUCTURE
SAFETY NET
SAFETY NETS
SALES
SAVINGS
SOCIAL PROTECTION
SOYBEAN
SOYBEANS
SPOT PRICES
STATE BANK
STOCK MANAGEMENT
STOCK MARKETS
STOCKS
SUBSTITUTE
SUBSTITUTES
SUGAR
SUPPLY ELASTICITY
SUSTAINABLE DEVELOPMENT
TARIFF BARRIERS
TAX
TAX CREDIT
TECHNOLOGY TRANSFER
TRADE BARRIERS
TRADE LIBERALIZATION
TRADE NEGOTIATIONS
TRADE POLICIES
TRADE POLICY
TRANSACTION COSTS
UNDERLYING PROBLEMS
WAGE RATES
WAGES
WFP
WHEAT
WHEAT FLOUR
WHOLESALE PRICES
WORLD FOOD PROGRAM
WORLD MARKET
WORLD MARKETS
WORLD TRADE
WORLD TRADE ORGANIZATION
WTO
World Bank
Food Price Increases in South Asia : National Responses and Regional Dimensions
geographic_facet South Asia
India
Afghanistan
Bangladesh
Nepal
Pakistan
Sri Lanka
description Food price inflation not only threatens macroeconomic stability but also decreases the welfare levels of most households, especially the poorer ones, for whom food consumption constitutes a relatively large share of total expenditures. This report analyzes the causes and effects of food price inflation in South Asia during the period 2007?08 and beyond; simulates the impact of food price increases on household welfare and the potential of adjustments in consumer and producer behavior for mitigating the negative impact on welfare; and assesses the potential impact of regional trade liberalization on food prices. The appendixes describe the policy reactions of individual governments to the increases in food prices against the background of their respective domestic food policies. The focus is on wheat and rice, which are the main food staples in South Asia and together account for an important part of food expenditures of the poor. By analyzing the household?level impacts of the food crisis and taking stock of the policy responses of national governments, including their regional dimensions, the report allows lessons to be drawn regarding the policies that South Asian governments may want to follow to enable them to react appropriately in case another food crisis unfolds, while at the same time helping to prevent such a crisis from occurring.
format Economic & Sector Work :: Other Agricultural Study
author World Bank
author_facet World Bank
author_sort World Bank
title Food Price Increases in South Asia : National Responses and Regional Dimensions
title_short Food Price Increases in South Asia : National Responses and Regional Dimensions
title_full Food Price Increases in South Asia : National Responses and Regional Dimensions
title_fullStr Food Price Increases in South Asia : National Responses and Regional Dimensions
title_full_unstemmed Food Price Increases in South Asia : National Responses and Regional Dimensions
title_sort food price increases in south asia : national responses and regional dimensions
publisher World Bank
publishDate 2012
url http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20100806030709
http://hdl.handle.net/10986/2885
_version_ 1764386104360828928
spelling okr-10986-28852021-04-23T14:02:05Z Food Price Increases in South Asia : National Responses and Regional Dimensions World Bank AGRICULTURAL OUTPUT AGRICULTURAL PRICE AGRICULTURAL PRODUCTION AGRICULTURE BANK MANAGEMENT BEEF BREAD BUTTER CENTRAL BANK CEREAL CROPS CEREAL IMPORTS CEREAL PRICE CEREAL PRICES CEREALS COMMODITIES COMMODITY COMMODITY PRICES CONSUMER PRICE CONSUMER PRICE INDEX CONSUMER PRICE INDICES CONSUMER PRICES CONSUMERS COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER DAIRY DATA AVAILABILITY DEMAND GROWTH DEVELOPING COUNTRIES DOMESTIC MARKET DOMESTIC MARKETS DOMESTIC PRICE DOMESTIC PRICES ECONOMIC COOPERATION ECONOMIC CRISIS EDIBLE OILS ENERGY PRICES EXCHANGE RATE EXCHANGE RATES EXPENDITURE EXPENDITURES EXPORTS FOOD AID FOOD CONSUMPTION FOOD CROPS FOOD DISTRIBUTION FOOD FOR WORK FOOD GRAINS FOOD IMPORTS FOOD INSECURITY FOOD POLICIES FOOD POLICY FOOD POLICY RESEARCH FOOD PRICE FOOD PRICE INFLATION FOOD PRICES FOOD PRODUCTION FOOD SECURITY FOOD SHORTAGES FOOD STAPLES FOOD SUPPLIES FOOD SUPPLY FOODGRAINS FOODS FREE TRADE FUTURES GRAIN RESERVES GRAINS GROSS DOMESTIC PRODUCT GROWTH RATES HEDGE FUNDS IFPRI INCOME INCOME ELASTICITY OF DEMAND INCOME GROUPS INCOME LEVELS INCOMES INFLATION RATE INFLATION RATES INFLATIONARY PRESSURE INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE INTERNATIONAL MARKET INTERNATIONAL MARKETS INTERNATIONAL TRADE LIBERALIZATION LIVING STANDARDS MACROECONOMIC STABILITY MAIZE MARKET CONDITIONS MARKET FAILURE MARKET PRICE MARKET PRICES MEAT MONETARY POLICIES MORTGAGE MUTUAL FUNDS NOMINAL INCOME OUTPUTS PADDY PALM OIL PESTICIDES POLITICAL ECONOMY PORK PRICE CHANGE PRICE CHANGES PRICE ELASTICITY PRICE ELASTICITY OF DEMAND PRICE ELASTICITY OF SUPPLY PRICE INCENTIVES PRICE INCREASE PRICE INCREASES PRICE INDEX PRICE POLICIES PRICE VARIATION PRICE VOLATILITY PRICING POLICIES PRICING POLICY PRODUCTIVITY PRODUCTIVITY GROWTH PROTECTIONISM PURCHASING PURCHASING POWER REAL GDP REAL INCOME REGIONAL TRADE RESERVE BANK RETAIL RETAIL PRICE RICE RICE MARKETING RURAL INFRASTRUCTURE SAFETY NET SAFETY NETS SALES SAVINGS SOCIAL PROTECTION SOYBEAN SOYBEANS SPOT PRICES STATE BANK STOCK MANAGEMENT STOCK MARKETS STOCKS SUBSTITUTE SUBSTITUTES SUGAR SUPPLY ELASTICITY SUSTAINABLE DEVELOPMENT TARIFF BARRIERS TAX TAX CREDIT TECHNOLOGY TRANSFER TRADE BARRIERS TRADE LIBERALIZATION TRADE NEGOTIATIONS TRADE POLICIES TRADE POLICY TRANSACTION COSTS UNDERLYING PROBLEMS WAGE RATES WAGES WFP WHEAT WHEAT FLOUR WHOLESALE PRICES WORLD FOOD PROGRAM WORLD MARKET WORLD MARKETS WORLD TRADE WORLD TRADE ORGANIZATION WTO Food price inflation not only threatens macroeconomic stability but also decreases the welfare levels of most households, especially the poorer ones, for whom food consumption constitutes a relatively large share of total expenditures. This report analyzes the causes and effects of food price inflation in South Asia during the period 2007?08 and beyond; simulates the impact of food price increases on household welfare and the potential of adjustments in consumer and producer behavior for mitigating the negative impact on welfare; and assesses the potential impact of regional trade liberalization on food prices. The appendixes describe the policy reactions of individual governments to the increases in food prices against the background of their respective domestic food policies. The focus is on wheat and rice, which are the main food staples in South Asia and together account for an important part of food expenditures of the poor. By analyzing the household?level impacts of the food crisis and taking stock of the policy responses of national governments, including their regional dimensions, the report allows lessons to be drawn regarding the policies that South Asian governments may want to follow to enable them to react appropriately in case another food crisis unfolds, while at the same time helping to prevent such a crisis from occurring. 2012-03-19T10:23:43Z 2012-03-19T10:23:43Z 2010-06-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20100806030709 http://hdl.handle.net/10986/2885 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank Economic & Sector Work :: Other Agricultural Study South Asia India Afghanistan Bangladesh Nepal Pakistan Sri Lanka