This article suggests a conceptual framework for analyzing the consequences of the recent prices increase on the poorest people in the world. The complexity of mechanisms at work is demonstrated. At the global level, the analysis points out that Sub Saharan Africa exhibits the worst situation...

The purposes of this paper are twofold (i) to evaluate changes in welfare gains and their distribution due to trade liberalization when imperfect labor markets are considered, (ii) to evaluate the impact of the recent reforms of European agricultural policy on the world welfare. The results of...