The food price crisis of 2007-2008 and recent resurgence of food prices have focused increasing attention on the causes and consequences of food price volatility in international food markets and the developing world, particularly in Africa south of the Sahara. In this paper, we examine the...

In the wake of the global food crisis of 2007-08 and additional price spikes since then, greater attention has been given to the welfare impact of food price increases in developing countries. The standard approach in this type of analysis, proposed by Deaton (1989), is based on income and...