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The welfare impact of rising food prices

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  • Ralitza Dimova

    (University of Manchester, UK, and IZA, Germany)

Abstract

Dramatic food price spikes in recent years have stimulated debate on the welfare implications of food price risk. According to the Food and Agriculture Organization of the United Nations, the number of undernourished people in sub-Saharan Africa rose to a record 265 million in 2009. There is a gradually developing policy consensus in favor of income redistribution to the poor in developing countries hit by the food price crisis. This recommendation makes sense when the poor are net food consumers, but it ignores the possibility that some poor people are net producers of food and so are likely to benefit from rising food prices.

Suggested Citation

  • Ralitza Dimova, 2015. "The welfare impact of rising food prices," IZA World of Labor, Institute of Labor Economics (IZA), pages 135-135, March.
    • Handle: RePEc:iza:izawol:journl:y:2015:n:135
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    References listed on IDEAS

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    Cited by:

    1. Campus, Daniela & Giannelli, Gianna Claudia, 2016. "Is the Allocation of Time Gender Sensitive to Food Price Changes? An Investigation of Hours of Work in Uganda," IZA Discussion Papers 10376, Institute of Labor Economics (IZA).
    2. Juhee Singh Verma & Pritee Sharma, 2021. "Vulnerability of Small Farmers to High Food Prices – A Case Study of Indian Farmers," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 74-88.

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    More about this item

    Keywords

    rising food prices; labor and income generating strategies in the rural tropics; poverty; inequality;
    All these keywords.

    JEL classification:

    • D6 - Microeconomics - - Welfare Economics
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty

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