Commodity Price Volatility and Inclusive Growth in Low-Income Countries

Business & Finance, Economics, Public Finance, Finance & Investing, Banks & Banking, Macroeconomics
Cover of the book Commodity Price Volatility and Inclusive Growth in Low-Income Countries by Rabah Mr. Arezki, Catherine  Ms. Pattillo, Marc Mr. Quintyn, Min Zhu, INTERNATIONAL MONETARY FUND
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Author: Rabah Mr. Arezki, Catherine Ms. Pattillo, Marc Mr. Quintyn, Min Zhu ISBN: 9781475545197
Publisher: INTERNATIONAL MONETARY FUND Publication: October 24, 2012
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: Rabah Mr. Arezki, Catherine Ms. Pattillo, Marc Mr. Quintyn, Min Zhu
ISBN: 9781475545197
Publisher: INTERNATIONAL MONETARY FUND
Publication: October 24, 2012
Imprint: INTERNATIONAL MONETARY FUND
Language: English
In the years following the global financial crisis, many low-income countries experienced rapid recovery and strong economic growth. However, many are now facing enormous difficulties because of rapidly rising food and fuel prices, with the threat of millions of people being pushed into poverty around the globe. The risk of continued food price volatility is a systemic challenge, and a failure in one country has been shown to have a profound impact on entire regions. This volume addresses the challenges of commodity price volatility for low-income countries and explores some macroeconomic policy options for responding to commodity price shocks. The book then looks at inclusive growth policies to address inequality in commodity-exporting countries, particularly natural resource rich countries. Perspectives from the Middle East and North Africa, sub-Saharan Africa, emerging Asia, and Mexico are presented and, finally, the role of the international donor community is examined. This volume is a must read for policymakers everywhere, from those in advanced, donor countries to those in countries with the poorest and most vulnerable populations.
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In the years following the global financial crisis, many low-income countries experienced rapid recovery and strong economic growth. However, many are now facing enormous difficulties because of rapidly rising food and fuel prices, with the threat of millions of people being pushed into poverty around the globe. The risk of continued food price volatility is a systemic challenge, and a failure in one country has been shown to have a profound impact on entire regions. This volume addresses the challenges of commodity price volatility for low-income countries and explores some macroeconomic policy options for responding to commodity price shocks. The book then looks at inclusive growth policies to address inequality in commodity-exporting countries, particularly natural resource rich countries. Perspectives from the Middle East and North Africa, sub-Saharan Africa, emerging Asia, and Mexico are presented and, finally, the role of the international donor community is examined. This volume is a must read for policymakers everywhere, from those in advanced, donor countries to those in countries with the poorest and most vulnerable populations.

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