Managing food price risks and instability in a liberalizing market environment: Overview and policy options

Evaluation of policies promoting sustainable agriculture in South Africa

“…This could result in farmers defaulting on bank loans (Anderson, 2002). As a partial means to address this susceptibility, risk management and price stabilisation policies should focus on long-term investments to increase the role of the private sector and build confidence in a market-based approach (World Bank, 2005;Byerlee, Jayne & Myers, 2006). Government intervention is needed since a lack of access to credit and saving facilities in rural areas are the major constraints in all African countries (Allen, Otchere & Senbet, 2011).…”

Food and Nutrition Security Indicators: A Review

“…consumption is dominated by a certain staple, for instance rice in Southeast Asia, wheat in Pakistan, and maize in several parts of Africa, often coincide with countries where the staple-dependent poor faces a double shock: world food price shocks and shocks from domestic production variability (Byerlee et al 2006). The price controls to manage price instability include marketing services through a sound market information system as well as crop forecasting and trade policies.…”

Examining the Determinants of Food Prices in Developing Asia

“…According to Dawe (2008), the accompanying depreciation of the dollar neutralized a considerable portion of the transmitted increase from world prices to many Asian markets. Byerlee, Jayne, and Myers (2006) argue that, although low-income rice and wheat importers are exposed to world price shocks the most, Asian countries are in a better position to weather world price shocks, thanks to improved infrastructure and abundant foreign exchange reserves. Headey and Fan (2008) conclude that the full transmission of international prices might not take place since local governments aim at dampening price increases, especially in developing countries.…”