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Oxford Economic Papers : Food price volatility and its consequences

Volume 69, Issue 3 , Introduction by Rabah Arezki , Karim El Aynaoui , Yaw Nyarko | July 14, 2016

OCP Policy Center and its partners, the International Monetary Fund (IMF), and the Center for Technology and Economic Development (CTED) at the New York University are pleased to announce the publication of a Special Issue on "Food Price Volatility and its Consequences" in Oxford Economic Papers.

The papers selected in this special issue were first presented in February 2014 at an international conference organized in Rabat in collaboration with the IMF's Research Department and  the CTED. The conference entitled “Food Price Volatility: Causes and Challenges" aimed to stir the discussion on the social and economic issues related to food price volatility.

In this issue, we aim at providing an in-depth analysis of the challenges related to global food prices, as well as the domestic and international repercussions of food price volatility. Hence, the methods that could be implemented in order to effectively cope with food price fluctuations and the social costs they come at are central themes in this special issue.

Related event : International Conference on Food Price Volatility: Causes and Challenges

List of articles:

1. Food price volatility and its consequences: introduction , by Rabah Arezki, Karim El Aynaoui & Yaw Nyarko

2. Global food prices and domestic inflation: some cross-country evidence, by Davide Furceri, Prakash Loungani, John Simon & Susan M. Wachter

3. Analysing food price trends in the context of Engel’s Law and the Prebisch-Singer hypothesis, by John Baffes & Xiaoli L. Etienne

4. Are grain markets in Niger driven by speculation?, by Catherine Araujo Bonjean & Catherine Simonet

5. Seasonality in local food markets and consumption: evidence from Tanzania, by Jonathan Kaminski, Luc Christiaensen & Christopher L. Gilbert

6. Food imports, international prices, and violence in Africa, by Stijn van Weezel

7. Implications of food subsistence for monetary policy and inflation, by Rafael Portillo, Luis-Felipe Zanna, Stephen O’Connell & Richard Peck

8. Managing food price volatility in a large open country: the case of wheat in India, by Christophe Gouel, Madhur Gautam & Will J. Martin

9. Food security, welfare, and partial de-regulation of parastatals, by Steve McCorriston & Donald MacLaren