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In poor countries, most governments implement policies aiming to stabilize the prices of staple foods, which often include storage and trade measures insulating their domestic market from the world market. It is of crucial importance to understand the precise motivations and efficiency of those...
Persistent link: https://www.econbiz.de/10012550964
This paper analyzes the use of storage and trade policies to achieve food price stabilization in a small open developing country. Optimal stabilization policies are identified using a rational expectations storage model with risk-averse consumers and incomplete markets. Without public...
Persistent link: https://www.econbiz.de/10012702600
In poor countries, most governments implement policies aiming to stabilize the prices of staple foods, which often include storage and trade measures insulating their domestic market from the world market. It is of crucial importance to understand the precise motivations and efficiency of those...
Persistent link: https://www.econbiz.de/10012975508
High food prices can be an immediate threat to household food security, undermining population health, retarding human development, and lowering labor productivity for the economy in the long term. We employ a panel dataset covering 63 developing countries from 2001 to 2010 to make a...
Persistent link: https://www.econbiz.de/10010192311
This study is the first to establish a chronology of food crises in Germany from the sixteenth century to their disappearance in the late 1860s based on a standard methodology to detect cycles in commodity prices. To this end, we develop an aggregate rye price series, deflate it by a consumer...
Persistent link: https://www.econbiz.de/10015398535
The nature of food insecurity has been changing in the world. While research on food insecurity in developing countries used to focus on undernourishment (i.e. lack of calorie consumption) and related outcomes, today, many developing countries face at least a “double burden of malnutrition”...
Persistent link: https://www.econbiz.de/10010519765
How the price of food is determined has become a critical issue, given the drastic surges in prices in recent years and the prevailing expectation of further increases. Along this line, this paper examines the sources of food price fluctuations in 11 developing Asian countries. The working model...
Persistent link: https://www.econbiz.de/10010192320
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