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The escalation in world food prices and its implications for the Caribbean

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During the last years, the steep increase in food prices has been one of the most distinctive characteristics of the world economy. Many factors have been hypothesized as the main drivers of this phenomenon, both structural and temporary. International food inflation has had perceptible effects on food importing countries and regions. As such, the Caribbean has suffered the impact mainly through four channels, namely, domestic inflation, imports bill and trade balance, poverty and indigence rates, and equity. This study addresses empirically these issues from a regional perspective.

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  • -, 2008. "The escalation in world food prices and its implications for the Caribbean," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38706, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    • Handle: RePEc:ecr:col095:38706
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    1. Jonathan Temple & Paul A. Johnson, 1998. "Social Capability and Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 113(3), pages 965-990.
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    3. Dawe, David, 2008. "Have recent increases in international cereal prices been transmitted to domestic economies? The experience in seven large Asian countries," ESA Working Papers 37087, Food and Agriculture Organization of the United Nations, Agricultural Development Economics Division (ESA).
    4. David Dawe, 2008. "Have Recent Increases in International Cereal Prices Been Transmitted to Domestic Economies? The experience in seven large Asian countries," Working Papers 08-03, Agricultural and Development Economics Division of the Food and Agriculture Organization of the United Nations (FAO - ESA).
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