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Country responses to the food security crisis:Nature and preliminary implications of the policies pursued

FAO Initiative on Soaring Food Prices







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    Initiative on Soaring Food Prices. Country Responses to the Food Security Crisis: Nature and Preliminary Implications of the Policies Pursued 2009
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    The report intends to examine the short-term measures adopted by some 81 countries and is intended for policy makers and analysts. Prices of staple foods, such as rice and vegetable oil, have doubled between January and May 2008. High food prices together with record petroleum and fertilizer prices have spurred inflation. Poorer households with a larger share of food in their total expenditures are suffering the most from high food prices, due to the erosion of purchasing power, which has a negative impact on food security, nutrition and access to school and health services. Higher prices also result in pressure on public expenditures which undermines funding of programmes aiming at alleviating poverty or meeting MDG targets. A series of immediate short-term policy measures have been implemented by countries in response to respond to rising food prices. These responses can be categorized in three groups: - Trade-related measures; - Consumers-related measures; and, - Producers-related measures.
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    Country Response to the Food Security Crisis: Nature and Preliminary Implications of the Policies Pursued
    Initiative on Soaring Food Prices
    2009
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    The objective of this paper is to examine the short-term measures adopted by some 81 countries from Asia, Africa and Latin America and the Caribbean and assess their implications for food security and poverty alleviation. Section 2 reviews market and trade measures aimed at reducing food prices for consumers. Safety net and production support measures are discussed in sections 3 and 4, while section 5 discusses the impact of the different measures. Finally, concluding remarks are given in sectio n 6.
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