Global Food Price Inflation and Developing Asia
Asian Development Bank | April 2011
Abstract
he specter of high commodity prices has recently reemerged, with global food prices registering a new peak in February 2011, triggered mainly by production shortfalls due to bad weather. The 30% hike in international food prices has translated to an average domestic food price inflation in developing Asia of about 10%. This could push an additional 64.4 million Asians into poverty, or lead to a 1.9 percentage point increase in poverty incidence based on the $1.25-a-day poverty line. The frequency with which food price spikes have occurred in recent years suggests that short- and long-term solutions need to be implemented to secure food supplies for the world's growing population.
Citation
Asian Development Bank. 2011. Global Food Price Inflation and Developing Asia. © Asian Development Bank. http://hdl.handle.net/11540/986. License: CC BY 3.0 IGO.PDF ISBN
978-92-9092-282-7
Print ISBN
978-92-9092-269-8
Keywords
Sustainable agriculture
Agriculture
Commercial agriculture
Fight Against Poverty
Poverty In Developing Countries
Rural Poverty Alleviation
Urban Poverty
Rural Poverty
Agricultural education
Sustainable development
Environmental management
Agricultural investment
Disadvantaged Groups
Poverty Elimination
Economic and Social Development
Social Conditions
Agribusiness
Agricultural diversification
Agricultural resource
Farm produce
Land capability for agriculture
Food Supply
Rural land use
Technological innovations
Agricultural innovations
Farm supply industry
Natural resource
Adaptive natural resource management
Produce trade
Poor
Price Indexes
Intergrated rural development
Cost and standard of living
Population
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Citable URI
http://hdl.handle.net/11540/986Metadata
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