Estimating the Short-Run Poverty Impacts of the 2010–11 Surge in Food Prices

Global food prices have increased substantially since mid-2010, as have prices in many developing countries. In this study we assess the poverty impact of the price changes between June and December 2010 in twenty-eight low and middle income countr...

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Main Authors: Ivanic, Maros, Martin, Will, Zaman, Hassan
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
TEA
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=000158349_20110413081249
http://hdl.handle.net/10986/3399
id okr-10986-3399
recordtype oai_dc
spelling okr-10986-33992021-04-23T14:02:09Z Estimating the Short-Run Poverty Impacts of the 2010–11 Surge in Food Prices Ivanic, Maros Martin, Will Zaman, Hassan ADVERSE IMPACTS AGRICULTURAL COMMODITIES AGRICULTURAL ECONOMICS AGRICULTURAL INCOMES AGRICULTURAL PRODUCTIVITY AGRICULTURE BANANAS BEEF BEETS BEVERAGES CALORIE INTAKE CASH CROPS CASH TRANSFERS CASSAVA CHANGES IN POVERTY COCOA COMMODITY PRICE COMMODITY PRICES CONSUMER PRICES CONSUMPTION BASKET COOKING DAIRY DECOMPOSABLE POVERTY DEFINITIONS OF POVERTY DIETARY DIVERSITY DIVERSIFICATION DOMESTIC MARKETS DOMESTIC PRICES ECONOMIC GROWTH EDIBLE OILS EGGS ENERGY PRICES EXPENDITURE EXPENDITURES EXTREME POVERTY EXTREME POVERTY LINE FOOD BUYERS FOOD COMMODITIES FOOD CONSUMERS FOOD GRAINS FOOD ITEMS FOOD POLICY FOOD POLICY RESEARCH FOOD PRICE FOOD PRICES FOOD PRODUCTION FOOD SALES FOOD STAPLES FOOD STOCKS FOOD SUPPLY FRUITS GLOBAL POVERTY GRAINS GROUNDNUT GROUNDNUT OIL GROUNDNUTS HOUSEHOLD BUDGET HOUSEHOLD INCOME HOUSEHOLD SURVEY HOUSEHOLD WELFARE IMPACT ON POVERTY INCOME INCOME DISTRIBUTION INCOME GROWTH INFLATION INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE LIVING STANDARDS MAIZE MALNUTRITION MEAT MILK MUTTON OILS AND FATS ORANGES PALM OIL PEANUTS POOR POOR CONSUMERS POOR FARMERS POOR HOUSEHOLDS POOR PEOPLE POOR PRODUCERS PORK POTATOES POVERTY ASSESSMENT POVERTY ESTIMATES POVERTY GAP POVERTY GAP INDEX POVERTY IMPACT POVERTY INCREASE POVERTY LINES POVERTY POVERTY POVERTY POVERTY CHANGE POVERTY RATE POVERTY REDUCTION PRICE CHANGE PRICE CHANGES PRICE FLUCTUATIONS PRICE INCREASE PRICE INCREASES PRICE INDEX PRICE VOLATILITY REDUCTION IN POVERTY RICE RURAL RURAL AREAS RURAL DEVELOPMENT RURAL POOR RURAL WELFARE SAFETY NET SAFETY NET PROGRAMS SOYBEAN SOYBEANS SUBSTITUTE SUBSTITUTES SUGAR SUGAR CANE TARGETING TEA TOTAL POVERTY VEGETABLES WAGE RATES WHEAT WORLD MARKETS Global food prices have increased substantially since mid-2010, as have prices in many developing countries. In this study we assess the poverty impact of the price changes between June and December 2010 in twenty-eight low and middle income countries. This is done by gathering detailed information on individual households' food production and consumption levels for thirty-eight agricultural and food commodities to assess the impacts on household welfare. This study estimates that this sudden food price surge increased the number of poor people globally, but with considerably different impacts in different countries. The heterogeneity of these impacts is partly related to the wide variation in the transmission of global prices to local prices and partly to differences in households' patterns of production and consumption. On balance, the adverse welfare impact on net buyers outweighs the benefits to net sellers resulting in an increase in the number of poor and in the depth of poverty. We estimate that the average poverty change was 1.1 percentage points in low income countries and 0.7 percentage points in middle income countries with a net increase of 44 million people falling below the $1.25 per day extreme poverty line. 2012-03-19T18:01:47Z 2012-03-19T18:01:47Z 2011-04-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110413081249 http://hdl.handle.net/10986/3399 English Policy Research working paper ; no. WPS 5633 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper The World Region The World Region
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ADVERSE IMPACTS
AGRICULTURAL COMMODITIES
AGRICULTURAL ECONOMICS
AGRICULTURAL INCOMES
AGRICULTURAL PRODUCTIVITY
AGRICULTURE
BANANAS
BEEF
BEETS
BEVERAGES
CALORIE INTAKE
CASH CROPS
CASH TRANSFERS
CASSAVA
CHANGES IN POVERTY
COCOA
COMMODITY PRICE
COMMODITY PRICES
CONSUMER PRICES
CONSUMPTION BASKET
COOKING
DAIRY
DECOMPOSABLE POVERTY
DEFINITIONS OF POVERTY
DIETARY DIVERSITY
DIVERSIFICATION
DOMESTIC MARKETS
DOMESTIC PRICES
ECONOMIC GROWTH
EDIBLE OILS
EGGS
ENERGY PRICES
EXPENDITURE
EXPENDITURES
EXTREME POVERTY
EXTREME POVERTY LINE
FOOD BUYERS
FOOD COMMODITIES
FOOD CONSUMERS
FOOD GRAINS
FOOD ITEMS
FOOD POLICY
FOOD POLICY RESEARCH
FOOD PRICE
FOOD PRICES
FOOD PRODUCTION
FOOD SALES
FOOD STAPLES
FOOD STOCKS
FOOD SUPPLY
FRUITS
GLOBAL POVERTY
GRAINS
GROUNDNUT
GROUNDNUT OIL
GROUNDNUTS
HOUSEHOLD BUDGET
HOUSEHOLD INCOME
HOUSEHOLD SURVEY
HOUSEHOLD WELFARE
IMPACT ON POVERTY
INCOME
INCOME DISTRIBUTION
INCOME GROWTH
INFLATION
INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE
LIVING STANDARDS
MAIZE
MALNUTRITION
MEAT
MILK
MUTTON
OILS AND FATS
ORANGES
PALM OIL
PEANUTS
POOR
POOR CONSUMERS
POOR FARMERS
POOR HOUSEHOLDS
POOR PEOPLE
POOR PRODUCERS
PORK
POTATOES
POVERTY ASSESSMENT
POVERTY ESTIMATES
POVERTY GAP
POVERTY GAP INDEX
POVERTY IMPACT
POVERTY INCREASE
POVERTY LINES
POVERTY POVERTY
POVERTY POVERTY CHANGE
POVERTY RATE
POVERTY REDUCTION
PRICE CHANGE
PRICE CHANGES
PRICE FLUCTUATIONS
PRICE INCREASE
PRICE INCREASES
PRICE INDEX
PRICE VOLATILITY
REDUCTION IN POVERTY
RICE
RURAL
RURAL AREAS
RURAL DEVELOPMENT
RURAL POOR
RURAL WELFARE
SAFETY NET
SAFETY NET PROGRAMS
SOYBEAN
SOYBEANS
SUBSTITUTE
SUBSTITUTES
SUGAR
SUGAR CANE
TARGETING
TEA
TOTAL POVERTY
VEGETABLES
WAGE RATES
WHEAT
WORLD MARKETS
spellingShingle ADVERSE IMPACTS
AGRICULTURAL COMMODITIES
AGRICULTURAL ECONOMICS
AGRICULTURAL INCOMES
AGRICULTURAL PRODUCTIVITY
AGRICULTURE
BANANAS
BEEF
BEETS
BEVERAGES
CALORIE INTAKE
CASH CROPS
CASH TRANSFERS
CASSAVA
CHANGES IN POVERTY
COCOA
COMMODITY PRICE
COMMODITY PRICES
CONSUMER PRICES
CONSUMPTION BASKET
COOKING
DAIRY
DECOMPOSABLE POVERTY
DEFINITIONS OF POVERTY
DIETARY DIVERSITY
DIVERSIFICATION
DOMESTIC MARKETS
DOMESTIC PRICES
ECONOMIC GROWTH
EDIBLE OILS
EGGS
ENERGY PRICES
EXPENDITURE
EXPENDITURES
EXTREME POVERTY
EXTREME POVERTY LINE
FOOD BUYERS
FOOD COMMODITIES
FOOD CONSUMERS
FOOD GRAINS
FOOD ITEMS
FOOD POLICY
FOOD POLICY RESEARCH
FOOD PRICE
FOOD PRICES
FOOD PRODUCTION
FOOD SALES
FOOD STAPLES
FOOD STOCKS
FOOD SUPPLY
FRUITS
GLOBAL POVERTY
GRAINS
GROUNDNUT
GROUNDNUT OIL
GROUNDNUTS
HOUSEHOLD BUDGET
HOUSEHOLD INCOME
HOUSEHOLD SURVEY
HOUSEHOLD WELFARE
IMPACT ON POVERTY
INCOME
INCOME DISTRIBUTION
INCOME GROWTH
INFLATION
INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE
LIVING STANDARDS
MAIZE
MALNUTRITION
MEAT
MILK
MUTTON
OILS AND FATS
ORANGES
PALM OIL
PEANUTS
POOR
POOR CONSUMERS
POOR FARMERS
POOR HOUSEHOLDS
POOR PEOPLE
POOR PRODUCERS
PORK
POTATOES
POVERTY ASSESSMENT
POVERTY ESTIMATES
POVERTY GAP
POVERTY GAP INDEX
POVERTY IMPACT
POVERTY INCREASE
POVERTY LINES
POVERTY POVERTY
POVERTY POVERTY CHANGE
POVERTY RATE
POVERTY REDUCTION
PRICE CHANGE
PRICE CHANGES
PRICE FLUCTUATIONS
PRICE INCREASE
PRICE INCREASES
PRICE INDEX
PRICE VOLATILITY
REDUCTION IN POVERTY
RICE
RURAL
RURAL AREAS
RURAL DEVELOPMENT
RURAL POOR
RURAL WELFARE
SAFETY NET
SAFETY NET PROGRAMS
SOYBEAN
SOYBEANS
SUBSTITUTE
SUBSTITUTES
SUGAR
SUGAR CANE
TARGETING
TEA
TOTAL POVERTY
VEGETABLES
WAGE RATES
WHEAT
WORLD MARKETS
Ivanic, Maros
Martin, Will
Zaman, Hassan
Estimating the Short-Run Poverty Impacts of the 2010–11 Surge in Food Prices
geographic_facet The World Region
The World Region
relation Policy Research working paper ; no. WPS 5633
description Global food prices have increased substantially since mid-2010, as have prices in many developing countries. In this study we assess the poverty impact of the price changes between June and December 2010 in twenty-eight low and middle income countries. This is done by gathering detailed information on individual households' food production and consumption levels for thirty-eight agricultural and food commodities to assess the impacts on household welfare. This study estimates that this sudden food price surge increased the number of poor people globally, but with considerably different impacts in different countries. The heterogeneity of these impacts is partly related to the wide variation in the transmission of global prices to local prices and partly to differences in households' patterns of production and consumption. On balance, the adverse welfare impact on net buyers outweighs the benefits to net sellers resulting in an increase in the number of poor and in the depth of poverty. We estimate that the average poverty change was 1.1 percentage points in low income countries and 0.7 percentage points in middle income countries with a net increase of 44 million people falling below the $1.25 per day extreme poverty line.
format Publications & Research :: Policy Research Working Paper
author Ivanic, Maros
Martin, Will
Zaman, Hassan
author_facet Ivanic, Maros
Martin, Will
Zaman, Hassan
author_sort Ivanic, Maros
title Estimating the Short-Run Poverty Impacts of the 2010–11 Surge in Food Prices
title_short Estimating the Short-Run Poverty Impacts of the 2010–11 Surge in Food Prices
title_full Estimating the Short-Run Poverty Impacts of the 2010–11 Surge in Food Prices
title_fullStr Estimating the Short-Run Poverty Impacts of the 2010–11 Surge in Food Prices
title_full_unstemmed Estimating the Short-Run Poverty Impacts of the 2010–11 Surge in Food Prices
title_sort estimating the short-run poverty impacts of the 2010–11 surge in food prices
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=000158349_20110413081249
http://hdl.handle.net/10986/3399
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