Implications of Higher Global Food Prices for Poverty in Low-Income Countries
In many poor countries, the recent
increases in prices of staple foods raise the real incomes
of those selling food, many of whom are relatively poor,
while hurting net food consumers, many of whom are also
relatively poor. The impacts on poverty will certainly be
very diverse, but the average impact on poverty depends upon
the balance between these two effects, and can only be
determined by looking at real-world data. Results using