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Please use this identifier to cite or link to this item: http://purl.umn.edu/54804

Title: Increasing world food prices: blessing or curse?
Authors: Matovu, John M.
Twimukye, Evarist P.
Authors (Email): Matovu, John (jmatovu@yahoo.com)
Twimukye, Evarist (evarist@eprc.or.ug)
Keywords: Urban poor
Food prices
CGE model
Food security
Matovu
Twimukye
Economic Policy Research centre
Issue Date: 2009
Series/Report no.: Research Series
61
Abstract: This study evaluates the potential impact of the recent world food prices on the Ugandan economy and possible policy options to respond to it. Uganda is largely a net exporter of some cereals whose prices increasing considerably especially maize. Using a recursive dynamic CGE model, we attempt to answer questions on who are the beneficiaries and losers after the surge in food prices. The rural producers of maize tend to benefit considerably with their poverty levels reducing. On the other hand, the urban purchasers of cereals are affected owing to the higher prices of food. this therefore suggests that the Ugandan government should take advantage of the increasing food prices by stimulating and undertaking policies that would enhance productivity especially for crops where on the urban population, the government could design targeted programs for the urban poor.
URI: http://purl.umn.edu/54804
Institution/Association: Economic Policy Research Centre (EPRC)>Research Series
Total Pages: 43
Collections:Research Series

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