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Information to guide policy responses to higher global food prices: The data and analyses required

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  • Benson, Todd
  • Minot, Nicholas
  • Pender, John
  • Robles, Miguel
  • von Braun, Joachim
Abstract
National decision makers must understand the degree to which their country and population groups within it are exposed to the negative effects of higher global food prices or could exploit new economic opportunities offered by higher prices. This paper provides a conceptual overview of the range of data and analyses that will permit leaders and analysts serving them to assess the broad implications of higher global food prices for a country and its population groups. What we find is that there are a relatively small number of types of policy responses that governments might take in the face of a food price rise. Consequently, relatively well-defined sets of data need to be compiled and types of analyses used by government to generate the information needed to broadly guide efforts to prevent food price increases from becoming crises and to derive any possible benefits. International joint action can be employed profitably both to collect this data and to build national capacity to conduct the analyses needed to guide policy formulation and general program design in the face of the risks and the opportunities of higher food prices and to evaluate the effectiveness of those policy responses.

Suggested Citation

  • Benson, Todd & Minot, Nicholas & Pender, John & Robles, Miguel & von Braun, Joachim, 2013. "Information to guide policy responses to higher global food prices: The data and analyses required," Food Policy, Elsevier, vol. 38(C), pages 47-58.
    • Handle: RePEc:eee:jfpoli:v:38:y:2013:i:c:p:47-58
    DOI: 10.1016/j.foodpol.2012.10.001
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    2. Matthias Kalkuhl & Lukas Kornher & Marta Kozicka & Pierre Boulanger & Maximo Torero, 2013. "Conceptual framework on price volatility and its impact on food and nutrition security in the short term," FOODSECURE Working papers 15, LEI Wageningen UR.
    3. Bernardina Algieri, 2014. "A roller coaster ride: an empirical investigation of the main drivers of the international wheat price," Agricultural Economics, International Association of Agricultural Economists, vol. 45(4), pages 459-475, July.
    4. Campus, Daniela & Giannelli, Gianna Claudia, 2016. "Is the Allocation of Time Gender Sensitive to Food Price Changes? An Investigation of Hours of Work in Uganda," IZA Discussion Papers 10376, Institute of Labor Economics (IZA).
    5. Mensi, Walid & Hammoudeh, Shawkat & Nguyen, Duc Khuong & Yoon, Seong-Min, 2014. "Dynamic spillovers among major energy and cereal commodity prices," Energy Economics, Elsevier, vol. 43(C), pages 225-243.
    6. Nasima Akhter & Naomi Saville & Bhim Shrestha & Dharma S. Manandhar & David Osrin & Anthony Costello & Andrew Seal, 2018. "Change in cost and affordability of a typical and nutritionally adequate diet among socio-economic groups in rural Nepal after the 2008 food price crisis," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 10(3), pages 615-629, June.
    7. Emiliano Magrini & Pierluigi Montalbano & Silvia Nenci & Luca Salvatici, 2017. "Agricultural (Dis)Incentives and Food Security: Is There a Link?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 99(4), pages 847-871.
    8. Wiebelt, Manfred & Breisinger, Clemens & Ecker, Olivier & Al-Riffai, Perrihan & Robertson, Richard & Thiele, Rainer, 2013. "Compounding food and income insecurity in Yemen: Challenges from climate change," Food Policy, Elsevier, vol. 43(C), pages 77-89.
    9. Saint Ville, Arlette S. & Hickey, Gordon M. & Phillip, Leroy E., 2017. "How do stakeholder interactions influence national food security policy in the Caribbean? The case of Saint Lucia," Food Policy, Elsevier, vol. 68(C), pages 53-64.
    10. Islam, Nurul, 2014. "Evidence-based research and its effect on policymaking:," IFPRI discussion papers 1378, International Food Policy Research Institute (IFPRI).
    11. Rutten, Martine & Kavallari, Aikaterini, 2013. "Can reductions in agricultural food losses avoid some of the trade-offs involved when safeguarding domestic food security? A case study of the Middle East and North Africa," Conference papers 332417, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    12. Balié, Jean & Magrini, Emiliano & Morales Opazo, Cristian, 2016. "Cereal price shocks and volatility in Sub-Saharan Africa: What does really matter for farmers' welfare?," DARE Discussion Papers 1607, Georg-August University of Göttingen, Department of Agricultural Economics and Rural Development (DARE).

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