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Publications (88)
Working Paper
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– Political economy issues and policy vistas
This study reviews the political economy issues surrounding the 2008 food crisis in Nigeria; the lessons learned from management of the crisis; analyses the performance of policies aimed at stabilizing prices; and proffers policy measures for preventing future occurrence. The study finds that the...
Working Paper
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– Learning some lessons
India’s policy responses to the food price crisis were strong. Exports of basic staples were banned. Domestic support prices of wheat and rice were raised substantially. The urea price increases in global markets were absorbed through enhanced fertilizer subsidies. The government launched the...
Working Paper
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– A synthesis
This paper identifies eight political economy factors that influenced governments’ policy choices during the most recent global food price crisis. To explain the variety of responses and the policy failures, a framework is proposed that locates policies along the twin dimensions of unitary vs...
Blog
In this interview, Per Pinstrup-Andersen talks about the international project which has culminated in the book Food Price Policy in an Era of Market Instability. (Oxford University Press, 2015) More about the project. PART 1 - The political economy of food price policy - an interview with Per...
Research Brief
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The Egyptian food system has been affected by both global food markets and domestic factors. During the recent global food price crisis, an estimated 30–40 percent of the price fluctuations in the global food market were transmitted to Egypt’s food market. Domestically, government subsidies for...
Research Brief
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The recent food price crisis and the responses of the policy makers in developing countries provide an unprecedented opportunity to analyse the policy processes in these countries. Policy responses differed depending on the nature and magnitude of the roles of various actors, political institutions...
Research Brief
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Global food price hikes during 2007-08 resulted in a sharp rise in staple food prices in Bangladesh, which in turn led to a significant rise in the number of households falling below the poverty line. On the political front, Bangladesh was run by an unelected and undemocratic ‘civil’ caretaker...
Research Brief
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The global food crisis in 2007–08 raised concerns everywhere, including in China. However, despite China’s highly-integrated domestic and international markets for many agricultural commodities, the effect of the crisis in China was only moderate. The government’s responses and countermeasures to...
Research Brief
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The impact of the 2007–08 food price crisis in Brazil was relatively subdued compared with what took place in many other developing countries. Because the crisis potentially undermined both social inclusion and price stability, both important priorities in Brazil, the absence of any great reaction...
Large food price fluctuations—caused primarily by extreme weather events, market disruptions, investor behaviour and government policy—began in the world market in 2007 and presented serious challenges for governments, private traders, farmers and consumers. A collaborative project between Cornell...
– A Political Economy Analysis
This book is Open Access and available here. Food price volatility is one of the major challenges facing current and future global food systems. Since 2006, global food prices have fluctuated greatly around an increasing trend and price spikes were observed for key food commodities such as rice...
Policy design principles based on insights from psychology and economics could have a major impact on the effectiveness of policy implementation in areas such as under-saving, contract design, the measurement of vulnerability, and political support for redistributive policies both in the global...
Working Paper
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– A New Approach to Development Policy
Successful development programs rely on people to behave and choose in certain ways, and behavioral economics helps us understand why people behave and choose as they do. Approaching problems in development using behavioral economics thus leads to better diagnosis and to better-designed solutions...
Blog
23 April 2014 Jukka Pirttilä In conventional economic theory, agents are assumed to be able to make rational choices, unaffected by emotions and not constrained by decision-making errors. This theory works well in some situations, but in the last two decades, it has become increasingly clear that...
Working Paper
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– A Research Review and Agenda
The poor can and do save, but often use formal or informal instruments that have high risk, high cost, and limited functionality. This could lead to undersaving compared to a world without market or behavioural frictions. Undersaving can have important welfare consequences: variable consumption, low...
Displaying 16 of 88 results