Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/128206
Authors: 
Aboulenein, Soheir
El Laithy, Heba
Helmy, Omneia
Kheir-El-Din, Hanaa
Kotusenko, Liudmyla
Maliszewska, Maryla
Mandour, Diana
Paczn'nski, Wojciech
Year of Publication: 
2010
Series/Report no.: 
CASE Network Studies & Analyses 403
Abstract: 
The global food price shock of 2006-2008 has particularly affected poorer strata of populations in several developing countries. In Egypt and some other countries it has put food subsidy schemes to the test. This paper develops two comparable computable general equilibrium models for Egypt and Ukraine which are used to simulate direct and indirect impacts of the food price surge and various policy options on the performance of the main macroeconomic indicators as well as on poverty outcomes. The results illustrate the limited ability of realistic policy responses to mitigate negative social consequences of an external price shock. Food import tariff cuts are a partial remedy faring better than other analysed options. Furthermore, the Egyptian system of food subsidies needs substantial reforms limiting the related fiscal burden and improving the targeting of the poor population.
Subjects: 
Food subsidy
agriculture
price shock
poverty
Ukraine
Egypt
JEL: 
H24
H53
I32
I38
C63
C68
D58
Document Type: 
Research Report

Files in This Item:
File
Size
721.45 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.