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Burkina Faso: Policies to Protect the Poor From the Impact of Food and Energy Price Increases
Author: Ms. Isabell Adenauer and Mr. Javier Arze del Granado
Series:
IMF Working Papers
Volume/Issue:
Volume 2011: Issue 202
Language:
English
Publication Date:
01 Aug 2011
DOI:
https://doi.org/10.5089/9781463902117.001
ISBN:
9781463902117
ISSN:
1018-5941
Pages:
25
Keywords:
WP; price; food; loss; price increase; benefit; cash; Burkina Faso; fuel price subsidies; food price shock; conditional cash transfer system; food price; price shock; energy price; price effect; price change; price impact; Inflation; Food prices; Consumption; Energy prices; West Africa; Sub-Saharan Africa
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IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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This paper assesses the effectiveness of policies taken by the Burkinabè authorities to protect the poor from the adverse impact of a combined food and oil price shock in 2008. Estimates of the impact based on household survey data and a price pass-through model suggest that these policies were not well-targeted, benefiting the wealthier groups of the population rather than the poor. More effective policy measures, such as a conditional cash transfer system, which is already being implemented on a pilot basis in urban areas, are discussed as an alternative policy option.
Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund