Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/80979
Authors: 
Nhate, Virgulino
Massingarela, Claudio
Salvucci, Vincenzo
Year of Publication: 
2013
Series/Report no.: 
WIDER Working Paper 2013/037
Abstract: 
The 2007-09 price shocks affected in particular the prices of food commodities and fuel. As a consequence, Mozambique experienced reduced exports, more expensive imports and increased food and oil prices, contributing to the stagnant poverty rates registered in 2008/9. Our analysis finds, first, that domestic prices for imported food crops followed the international trends only partially and remained high even after international prices declined. And second, the policy responses adopted by the Mozambican government to stabilize the impact of price shocks in the domestic market seem to have been effective, even though they turned out to be costly in terms of lost revenue and increased debt.
Subjects: 
food price
agriculture
price shocks
political economy
Mozambique
JEL: 
E31
F42
E64
ISBN: 
978-92-9230-614-4
Document Type: 
Working Paper

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