Staff View: Responding to Higher and More Volatile World Food Prices

Responding to Higher and More Volatile World Food Prices

Following the world food price spike in 2008 and again in 2011, there has been increased attention on better understanding the drivers of food prices, their impacts on the poor, and policy response options. This paper provides a simple model that c...

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Bibliographic Details
Main Author:	World Bank
Language:	English en_US
Published:	Washington, DC 2013
Subjects:	AGGREGATE CONSUMPTION AGGREGATE DEMAND AGRIBUSINESS AGRIBUSINESS LOGISTICS AGRICULTURAL COMMODITIES AGRICULTURAL COMMODITY AGRICULTURAL COMMODITY MARKETS AGRICULTURAL GROWTH AGRICULTURAL MARKET AGRICULTURAL MARKETS AGRICULTURAL OUTLOOK AGRICULTURAL POLICY AGRICULTURAL PRACTICES AGRICULTURAL PRICE AGRICULTURAL PRICES AGRICULTURAL PRODUCTION AGRICULTURAL PRODUCTIVITY AGRICULTURAL PRODUCTS AGRICULTURAL RESEARCH AGRICULTURAL RESEARCH CENTERS AGRICULTURAL SECTORS AGRICULTURE AGRICULTURE ORGANIZATION ANIMAL FEEDS ANIMAL PRODUCTS ARBITRAGE AVERAGE PRICE AVERAGE PRICES BANANAS BEEF BEVERAGES CAPITAL ACCUMULATION CEREAL IMPORTS CEREAL PRICE CEREALS COCOA COMMODITY EXCHANGES COMMODITY PRICE COMMODITY PRICES COMPETITIVE PRICES CONSUMER PRICE CONSUMER PRICE INDEX CORN COTTON CROP PRODUCTION CROP ROTATIONS CROP YIELDS CULTIVATED AREAS DAIRY DAIRY PRODUCTS DEMAND CURVE DEMAND CURVES DEMAND FOR FOOD DEMAND GROWTH DEMOGRAPHIC DEVELOPING COUNTRIES DOMESTIC ECONOMIES DOMESTIC MARKETS DOMESTIC PRICE DOMESTIC PRICES DRYING ECONOMIC CRISIS EDIBLE OILS ENERGY PRICES EXCHANGE RATE EXPENDITURE EXPENDITURES EXPORT SECTORS EXTENSION SERVICES FARM FARM INCOMES FARM PRODUCTION FARM PRODUCTIVITY FARMERS FEED FINANCIAL CRISES FINANCIAL SECTOR FINANCIAL SECTOR DEVELOPMENT FINANCIAL TRANSACTIONS FOOD ACCESS FOOD CONSUMPTION FOOD CROP FOOD CROPS FOOD DEMAND FOOD EXPORT FOOD EXPORTS FOOD FOR WORK FOOD GRAINS FOOD INSECURITY FOOD MARKETS FOOD PREFERENCES FOOD PRICE FOOD PRICE INFLATION FOOD PRICES FOOD PRODUCTION FOOD PRODUCTS FOOD RESERVES FOOD SAFETY FOOD SECURITY FOOD SHORTAGES FOOD STAPLES FOOD STOCKS FOOD SUPPLIES FOOD SUPPLY FOOD SUPPLY GROWTH FOOD TRANSFERS FUTURE PRICES FUTURES FUTURES CONTRACTS FUTURES POSITION GEOGRAPHIC DISTRIBUTION GLOBAL EXPORTS GLOBAL FOOD SECURITY GRAIN GRAIN PRICES GRAIN PRODUCTION GRAIN RESERVES GRAINS GROSS DOMESTIC PRODUCT GROUNDNUT GROUNDNUT OIL GROWTH RATE GROWTH RATES HOUSEHOLDS HUMAN CAPITAL ICE IMPORT TARIFFS INCOME INPUT PRICES INTERNATIONAL AGRICULTURAL RESEARCH INTERNATIONAL MARKETS INTERNATIONAL TRADE INVENTORIES INVESTMENT CLIMATE LIBERALIZATION LIVESTOCK LOCAL CURRENCIES LOGISTICAL SUPPORT LOW-INCOME COUNTRIES MAIZE MARKET ASSESSMENT MARKET DEVELOPMENTS MARKET EQUILIBRIUM MARKET EXPECTATIONS MARKET INFORMATION MARKET INFRASTRUCTURE MARKET INTEGRATION MARKET PRICE MARKET PRICES MARKET TRANSPARENCY MARKETING MARKETING SYSTEMS MEAL MIDDLE-INCOME COUNTRIES MILLING MOBILIZATION MONETARY POLICY MONOCULTURE NATURAL RUBBER OPTION PRICES ORANGES OUTPUT OUTPUTS PACKAGING PALM OIL PIG MEAT PORK POULTRY PRICE BEHAVIOR PRICE CHANGE PRICE CHANGES PRICE DISCOVERY PRICE ELASTICITY OF DEMAND PRICE FLUCTUATIONS PRICE INCENTIVES PRICE INCREASE PRICE INCREASES PRICE INDEX PRICE INSTABILITY PRICE LEVELS PRICE POLICY PRICE RISK PRICE RISKS PRICE SPREAD PRICE STABILIZATION PRICE UNCERTAINTY PRICE VOLATILITY PRODUCER ORGANIZATION PRODUCER ORGANIZATIONS PROPERTY RIGHTS PROTEINS PUBLIC DEBT PURCHASING PURCHASING POWER RAW MATERIALS REDUCTIONS IN TARIFFS RENEWABLE ENERGY RETAIL RICE RICE PRICES RISK MANAGEMENT RURAL AREAS SAFETY NET SALE SALES SAVINGS SECURITY RISKS SOCIAL PROTECTION SOYBEAN SOYBEAN MEAL SOYBEANS SPOT MARKET SPOT PRICES SPREAD STOCK MANAGEMENT SUBSTITUTE SUBSTITUTION SUBSTITUTION EFFECT SUGAR SUGARCANE SUPPLIER SUPPLIERS SUPPLY CHAIN SUPPLY CHAINS SUPPLY CURVE SUPPLY SHOCK SURPLUS TAX TEA TECHNOLOGICAL CHANGE TRANSACTION VOLUME WAREHOUSE WFP WHEAT WORLD FOOD SUPPLY WORLD MARKET WORLD MARKET PRICES WORLD MARKETS WORLD PRICE WORLD PRICES WORLD RICE WORLD TRADE WORLD TRADE ORGANIZATION
Online Access:	http://documents.worldbank.org/curated/en/2012/01/16355176/responding-higher-more-volatile-world-food-prices http://hdl.handle.net/10986/12950

Responding to Higher and More Volatile World Food Prices

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