| ID | 160816 |
| Title Proper | Poverty effects of food price escalation and mitigation options |
| Other Title Information | the case of Malaysia |
| Language | ENG |
| Author | Solaymani, Saeed |
| Summary / Abstract (Note) | This study uses a computable general equilibrium approach to investigate the impact of high global food and agricultural commodity prices and two mitigation options (a rise in agricultural input subsidies and an improvement in agricultural productivity) on poverty and economic performance of Malaysia. Simulated results showed that, as a whole, the high global food price has a negative impact on the economic growth of Malaysia. It decreases real gross domestic product of Malaysia by 0.53%. Although the food price hike initially increases poverty in urban areas, it would significantly decrease the poverty of rural and noncitizen households. However, both mitigation options can reduce the negative impact of the shock on the poverty and economic growth of Malaysia. The agricultural subsidy rise option cannot reduce the poverty level of all household groups, whereas the productivity improvement option can alleviate the poverty level of all household groups. In conclusion, results suggest that the agricultural productivity improvement option is more effective than the agricultural subsidy rise option to mitigate the negative impact of global food price shocks on the economy and poverty of Malaysia. |
| `In' analytical Note | Journal of Asian and African Studies Vol. 53, No.5; Aug 2018: p.685-702 |
| Journal Source | Journal of Asian and African Studies 2018-09 53, 5 |
| Key Words | Poverty ; Computable General Equilibrium Model ; Commodity Prices ; Agricultural Input Subsidies ; Mitigation Options ; Agricultural Productivity Improvement |