Managing food price risks and instability in a liberalizing market environment: Overview and policy options |
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Authors: | Derek Byerlee T.S. Jayne Robert J. Myers |
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Affiliation: | 1. Ethiopia Country Office of the World Bank, Addis Ababa, Ethiopia;2. Department of Agricultural Economics, Michigan State University, East Lansing, USA |
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Abstract: | Managing food price risks and instability is a major challenge in the midst of ongoing food market reforms. Key findings from the papers in this special volume revolve around five broad areas: (i) the sources and magnitudes of food price instability in different country contexts; (ii) the economic and social costs stemming from price instability; (iii) the lessons from food market reforms to date; (iv) the design of policy reforms in ways that promote efficient and stable market development and protect the interests of the poor; and (v) potential policy responses to food price instability in a liberalizing market environment. |
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Keywords: | Food policy Food prices Price risk Food markets Food security |
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