The recent crises have exposed the ongoing vulnerability of developing countries to production, price and climate shocks.
Even as countries recover from the global financial crisis, sharp increases in food and fuel prices threaten to slow the recovery and place millions more at the risk of falling into poverty.
While we focus on the short-term risks from price and growth volatility, longer-term risks posed by a global phenomenon like climate change should be kept in sight. The poor face substantial uncertainty in terms of agricultural incomes and wages. Public policies to mitigate the impact of these shocks and increase the resiliency of the population range from public investments to safety net interventions.
This course presented applications of various methodologies for assessing (i) the impact of global food price shocks on poverty; (ii) the potential impact of climate change on poverty; (iii) the impact of general macroeconomic shocks on poverty; and (iv) the mitigating impact of fiscal policy on nutritional outcomes.
Assessing the Poverty Impact of Recent Food Price Spike
Maros Ivanic (DECAR), Will Martin (DECAR), Hassan Zaman (PRMPR)
Food Security and Nutrition Through a Fiscal Lens
Jose Cuesta (PRMPR)
The Poverty Impact of Climate Change
Emmanuel Skoufias, Sergio Olivieri, Mariano Rabassa (PRMPR)
The Poverty Impact of Macroeconomic Shocks
Carolina Sanchez (DECWD), Michael Lokshin (DECPI)