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 magnitude and speed of which were similar to those experienced around the 2008 spike. In developing countries, policy responses to the earlier spike lowered the (negative) nominal assistance coefficient for...
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INFORMACIÓN
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2010/08/01
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Documento de trabajo sobre investigaciones relativas a políticas
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WPS5403
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1
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1
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2010/08/25
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Disclosed
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How do governments respond to food price spikes ? lessons from the past
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contribution to welfare