The food price spikes of 2007/08 have revived global awareness of the persistent problem of hunger and food insecurity all over the world, and turned the spotlight back onto the critical importance of food and nutritional security for economic development and political stability. Accordingly,...

We estimate rural household income uncertainties and welfare changes due to commodity price and production variability in Ghana and Peru under different scenarios for international and domestic market shocks. Uncertainties significantly affect the variability of household income, especially for...

The author considers the benefit to agricultural producers of commodity price insurance that provides in every year-but in advance of the resolution of production and price uncertainty-a minimum price for a fixed or variable portion of production. Under the assumption that producers do not...

The paper first reviews the meaning and causes of globalization. It indicates that globalization is not a new phenomenon in history, but the current phase seems to have new elements that did not exist previously. Regarding the consequences of the various aspects of globalization at the national...

This study outlines the structure of the Tanzanian economy and considers the impact of previous policies and current stabilization and adjustment measures on the poorer segments of the Tanzanian population. Questioning earlier reports and conclusions, the authors determine that official economic...

The paper considers the benefit to agricultural producers from commodity price insurance that provides in every year, but in advance of the resolution of production and price uncertainty, a minimum price for a fixed or variable portion of production. Under the assumption that producers do not...

This paper explores the impact of the recent soar in world commodity prices on economic activity and household welfare in Tanzania, and the possible policy responses to that shock. The analysis is based on a single country computable general equilibrium model that includes considerable factor...