TY  - BOOK
AU  - Dessus,Sebastien
AU  - de Hoyos,Rafael
AU  - Dessus,Sebastien
AU  - Herrera,Santiago
TI  - The Impact of Food Inflation On Urban Poverty and Its Monetary Cost: Some Back-Of-The-Envelope Calculations 
PY  - 2008///
CY  - Washington, D.C.
PB  - The World Bank
KW  - Debt Markets
KW  - Finance and Financial Sector Development
KW  - Food and Beverage Industry
KW  - Food prices
KW  - Income
KW  - Industry
KW  - New poor
KW  - Poor
KW  - Poor households
KW  - Poverty
KW  - Poverty gap
KW  - Poverty line
KW  - Poverty Reduction
KW  - Poverty threshold
KW  - Pro-Poor Growth
KW  - Rural Development
KW  - Rural Poverty Reduction
KW  - Targeting
N2  - This paper uses a sample of 73 developing countries to estimate the change in the cost of alleviating urban poverty brought about by the recent increase in food prices. This cost is approximated by the change in the poverty deficit, that is, the variation in financial resources required to eliminate poverty under perfect targeting. The results show that, for most countries, the cost represents less than 0.1 percent of gross domestic product. However, in the most severely affected, it may exceed 3 percent. In all countries, the change in the poverty deficit is mostly due to the negative real income effect of those households that were poor before the price shock, while the cost attributable to new households falling into poverty is negligible. Thus, in countries where transfer mechanisms with effective targeting already exist, the most cost-effective strategy would be to scale up such programs rather than designing tools to identify the new poor
UR  - http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-4666
ER  -