Rising food prices in Sub-Saharan Africa : poverty impact and policy responses / Quentin Wodon, Hassan Zaman.

Format:

Book

Government document

Author/Creator:

Wodon, Quentin.

Contributor:

World Bank.

Zaman, Hassan.

Series:

Policy research working papers ; 4738.

World Bank e-Library.

Policy research working paper ; 4738

Language:

English

Subjects (All):

Food prices--Africa, Sub-Saharan.

Food prices.

Poverty--Africa, Sub-Saharan.

Poverty.

Africa, Sub-Saharan--Economic conditions.

Africa, Sub-Saharan.

Other Title:

Policy research working paper vol. 4738

Place of Publication:

[Washington, D.C. : World Bank, 2008]

System Details:

data file

Summary:

"The increase in food prices represents a major crisis for the world's poor. This paper aims to review the evidence on the potential impact of higher food prices on poverty in sub-Saharan Africa, and examines the extent to which policy responses will benefit the poor. The paper shows that rising food prices are likely to lead to higher poverty in sub-Saharan Africa as the negative impact on net poor consumers outweighs the benefits to poor producers. A recent survey shows that the most common policy response in sub-Saharan African countries is reducing taxes on food while outside the region price controls or targeted consumer subsidies are the most popular measure. Sub-Saharan African countries also have a higher prevalence of food-based safety net programs which are being scaled up to respond to rising prices. The review suggests that the benefits from reducing import tariffs on staples may accrue largely to the non-poor. Social protection programs show more promise, but geographic targeting is likely to be crucial in ensuring that benefits reach the neediest. The paper also argues that anti-poverty interventions ought to retain their focus on rural areas where poverty remains highest even after taking into account the adverse impact on the urban poor due to the rise in food prices. "--World Bank web site.

Notes:

Title from PDF file as viewed on 5/12/2009.

Includes bibliographical references.

Publisher Number:

10.1596/1813-9450-4738