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You are looking at 1 - 3 of 3 items for :

  • Renewable Resources and Conservation: Demand and Supply; Prices x
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Cover IMF Notes
Global Food Crisis Update: Recent Developments, Outlook, and IMF Engagement
Mr. Bjoern Rother, Mr. Sebastian Sosa, Majdi Debbich, Chiara Castrovillari, and Ervin Prifti
The global food crisis remains a major challenge. Food insecurity fueled by widely experienced increases in the cost of living has become a growing concern especially in low-income countries, even if price pressures on global food markets have softened somewhat since the onset of Russia’s war in Ukraine in February 2022. Targeted assistance to the most vulnerable households combined with policy measures to support trade and agriculture systems, including to better cope with climate shocks, can help countries withstand the fallout of the ongoing food crisis while building longer-term resilience. The IMF, working in close cooperation with other international organizations, has continued to contribute to international efforts to alleviate food insecurity by providing policy advice, capacity development, and financial support through Upper Credit Tranche Arrangements and the new Food Shock Window. New commitments to countries particularly affected by the global food crisis total $13.2 billion since February 2022, of which $3.7 billion has been disbursed as of March 2023.
Keywords:
Food insecurity; Russia’s war in Ukraine; global inflation; terms of trade shock; international cooperation; open trade; vulnerable households; agricultural production; IMF lending; IMF policy advice; capacity development
Cover Finance & Development
Is the Glass Half Empty or Half Full?: Getting incentives right can go a long way toward managing water challenges while protecting the poor
Ms. Kalpana Kochhar, Ms. Catherine A Pattillo, and Ms. Yan M Sun

Finance and Development, June 2015

Keywords:
FD; F&D; country; development effort; economy; nation builder; IMF study; IMF staff calculation; IMF analysis; IMF staff discussion note; pricing reform; Infrastructure; Water resources; Water subsidies; Natural disasters; North Africa; Middle East
Cover Staff Discussion Notes
Is the Glass Half Empty Or Half Full?: Issues in Managing Water Challenges and Policy Instruments
Ms. Kalpana Kochhar, Ms. Catherine A Pattillo, Ms. Yan M Sun, Mrs. Nujin Suphaphiphat, Mr. Andrew J Swiston, Mr. Robert Tchaidze, Mr. Benedict J. Clements, Ms. Stefania Fabrizio, Valentina Flamini, Ms. Laure Redifer, and Mr. Harald Finger
This paper examines water challenges, a growing global concern with adverse economic and social consequences, and discusses economic policy instruments. Water subsidies provided through public utilities are estimated at about $456 billion or 0.6 percent of global GDP in 2012. The paper suggests that getting economic incentives right, notably by reforming water pricing, can go a long way towards encouraging more efficient water use and supporting needed investment, while enabling policies that protect the poor. It also discusses pricing reform options and emphasizes an integrated and holistic approach to manage water, going beyond the water sector itself. The IMF can play a helpful role in ensuring that macroeconomic policies are conducive to sound water management.
Keywords:
SDN; water use; water resource; country water price subsidy; cost recovery; demand management; natural resource; water withdrawal; Water; subsidies; externalities; public utilities; pricing reform; Water resources; Infrastructure; Agricultural sector; Water subsidies; Global; South Asia; Middle East; Sub-Saharan Africa