Holdings: How Do Governments Respond to Food Price Spikes? Lessons from the Past

How Do Governments Respond to Food Price Spikes? Lessons from the Past

Food prices in international markets spiked upward in 2008, doubling or more in a matter of months. Evidence is still being compiled on policy responses over the following two years, but lessons can be learned from the price spike in 1973, the magn...

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Bibliographic Details
Main Authors:	Anderson, Kym, Nelgen, Signe
Language:	English
Published:	2012
Subjects:	AGRICULTURAL ECONOMICS AGRICULTURAL POLICIES AGRICULTURAL POLICY AGRICULTURAL PRICE AGRICULTURE BEEF CHANGES IN PRICES CLIMATE CLIMATE CHANGE COCOA COMMODITIES COMMODITY COMMODITY MARKETS COMMODITY PRICE COMMODITY PRICES COMPARATIVE ADVANTAGE CONSUMER PRICES CONSUMER SPENDING CONSUMERS DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT ECONOMICS DOMESTIC MARKET DOMESTIC MARKETS DOMESTIC PRICE DOMESTIC PRICES DOMESTIC PRODUCTION ECONOMIC WELFARE ELASTICITY EXOGENOUS SHOCKS EXPORTS EXTREME WEATHER EXTREME WEATHER EVENTS FOOD MARKETS FOOD POLICIES FOOD PRICE FOOD PRICES FOOD RIOTS FREE MARKETS FREE TRADE GDP GENERAL EQUILIBRIUM MODEL GOVERNMENT ACTIONS GOVERNMENT INTERVENTION GRAINS GROUNDNUT GROUNDNUT OIL GROUNDNUTS IMPORTS INCOME INCOMES INEFFICIENCY INSURANCE INTERNATIONAL COMMERCE INTERNATIONAL MARKETS INTERNATIONAL TRADE LIVESTOCK PRODUCTS LOW-INCOME COUNTRIES MAIZE MARKET DISTORTIONS MARKET FAILURE MARKET PARTICIPANTS MARKET STABILIZATION MONOPOLY OUTPUT PER CAPITA INCOME POLICY MAKERS POLITICAL ECONOMY PRICE CHANGES PRICE DISTORTION PRICE DISTORTIONS PRICE MOVEMENT PRICE STABILIZATION PRODUCER PRICE PRODUCER PRICES RISING PRICE SOYBEAN STABILIZATION POLICIES SUGAR TAX TAX RATE TAXATION TOTAL CONSUMPTION TRADE NEGOTIATIONS TRADE POLICIES TRADE POLICY TRADE REFORMS TRADE TAX TRANSPARENCY URUGUAY ROUND VOLATILITY WHEAT WORLD MARKETS WORLD TRADE WORLD TRADE ORGANIZATION 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=000158349_20100825101222 http://hdl.handle.net/10986/3887

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http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100825101222
http://hdl.handle.net/10986/3887

How Do Governments Respond to Food Price Spikes? Lessons from the Past

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