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Development Dimensions of High Food Prices

Philip Abbott
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Philip Abbott: Purdue University

No 18, OECD Food, Agriculture and Fisheries Papers from OECD Publishing

Abstract: Measures were taken by many developing country governments to mitigate consequences of high international agricultural commodity prices from mid 2006 until mid 2008, and to block their transmission to domestic markets, with varying degrees of success and cost. A significant international response has focused on emergency relief and renewed efforts to invest in agricultural development. This paper describes and contrasts the approaches taken by national governments versus international organizations and donors to respond to this food crisis, and their consequences. It also explores approaches already underway to enhance aid effectiveness and achieve more rapid agricultural development for smallholder farmers, identifying potential and past roadblocks.

Keywords: agricultural development; agricultural trade policy; aid effectiveness; emergency relief; food inflation; international commodity prices; price transmission; safety nets (search for similar items in EconPapers)
JEL-codes: O13 Q17 Q18 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr
Date: 2009-07-01
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