Taxonomy of Causes, Impacts and Policy Responses to the Food Price Crisis in the Andean Region

Jose Cuesta and Fidel Jaramillo

No 4623, Research Department Publications from Inter-American Development Bank, Research Department

Abstract: This paper analyzes the causes, effects and policy alternatives associated with the recent international food price crisis in the Andean region. Additionally, the document makes a first approach to the policy options utilized to confront the crisis, discussing the mix of policies and their potential effectiveness, using a qualitative methodology based in part on schemes proposed in Manzano and Stein (2008), and Malarín (2008). A final section underscores various messages common to the countries of the region. Specifically, the report concludes that this crisis offers a great opportunity for transforming its uncertainties and costs into a stimulus for maturing an infrastructure of prevention and reduction of vulnerabilities in the Andean economies.

Keywords: Food crisis; Distributive impact; Simulation; Compensatory policies; Andean region (search for similar items in EconPapers)
JEL-codes: I30 O18 O20 (search for similar items in EconPapers)
Date: 2009-04
New Economics Papers: this item is included in nep-agr
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Citations: View citations in EconPapers (7)

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Working Paper: Taxonomy of Causes, Impacts and Policy Responses to the Food Price Crisis in the Andean Region (2009)
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