It takes the average reader 1 hour and 10 minutes to read Policy Responses to High Energy and Food Prices by David Amaglobeli
Assuming a reading speed of 250 words per minute. Learn more
The surge in energy and food prices, which was amplified by Russia’s invasion of Ukraine, has prompted a flurry of policy responses by countries during 2022. The aim of these policy responses was to mitigate social and economic impact of higher prices. In this paper we document announcements of policy measures based on the Database of Energy and Food Price Actions (DEFPA), which was developed based on two rounds of survey responses of IMF country teams conducted in March/April and June/July of 2022. The paper also provides discussion on policy trade-offs when considering appropriate policy responses both for countries with strong and weak social safety nets. Key policy message is that providing targeted support to households in the form of cash transfers is the most cost-effective way of alleviating the burden on vulnerable households and have to be preferred over broad-based mechanisms that prevent international prices to pass through to domestic consumers.
Policy Responses to High Energy and Food Prices by David Amaglobeli is 70 pages long, and a total of 17,500 words.
This makes it 24% the length of the average book. It also has 21% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 35 minutes to read Policy Responses to High Energy and Food Prices aloud.
Policy Responses to High Energy and Food Prices is suitable for students ages 8 and up.
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