| 来源类型 | Working Paper
|
| 规范类型 | 报告
|
| DOI | 10.3386/w18934
|
| 来源ID | Working Paper 18934
|
| Food Price Volatility and Domestic Stabilization Policies in Developing Countries |
| Christophe Gouel
|
| 发表日期 | 2013-04-04
|
| 出版年 | 2013
|
| 语种 | 英语
|
| 摘要 | When food prices spike in countries with large numbers of poor people, hunger and malnutrition are very likely to result in the absence of public intervention. For governments, this is also a case of political survival. Government actions often take the form of direct interventions in the market to stabilize food prices, which goes against most international advice to rely on safety nets and world trade. Despite the limitations of food price stabilization policies, they are widespread in developing countries. This paper attempts to untangle the elements of this policy conundrum. Price stabilization policies arise as a result of international and domestic coordination problems. At the individual country level, it is in the national interest of many countries to adjust trade policies to take advantage of the world market in order to achieve domestic price stability. When countercyclical trade policies become widespread, the result is a thinner and less reliable world market, which further decreases the appeal of laissez-faire. A similar vicious circle operates in the domestic market: without effective policies to protect the poor, such as safety nets, food market liberalization lacks credibility and makes private actors reluctant to intervene, which in turn forces government to step in. The current policy challenge lies in designing policies that will build trust in world markets and increase trust between public and private agents. |
| 主题 | International Economics
; Trade
; Health, Education, and Welfare
; Poverty and Wellbeing
; Environmental and Resource Economics
; Agriculture
|
| URL | https://www.nber.org/papers/w18934
|
| 来源智库 | National Bureau of Economic Research (United States)
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| 引用统计 |
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/576609
|
推荐引用方式
GB/T 7714 |
Christophe Gouel. Food Price Volatility and Domestic Stabilization Policies in Developing Countries. 2013.
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