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discussion paper

Rethinking the global food crisis: The role of trade shocks

From 2003 to their peak in mid 2008, the nominal prices of maize and wheat roughly doubled, while those of rice tripled in a matter of months rather than years. Although fundamental factors were clearly responsible for shifting the world to a higher eq…

discussion paper

Commodity price volatility and nutrition vulnerability

In this paper we examine the impact of commodity price volatility on calorie attainment and its variability for households at the nutritional poverty line in Bangladesh. We focus on the first two moments of the distribution of calorie consumption and c…