How Long to Read Staple Food Prices in Sub-Saharan Africa: An Empirical Assessment

By Cedric Okou

How Long Does it Take to Read Staple Food Prices in Sub-Saharan Africa: An Empirical Assessment?

It takes the average reader and 44 minutes to read Staple Food Prices in Sub-Saharan Africa: An Empirical Assessment by Cedric Okou

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper analyzes the domestic and external drivers of local staple food prices in Sub-Saharan Africa. Using data on domestic market prices of the five most consumed staple foods from 15 countries, this paper finds that external factors drive food price inflation, but domestic factors can mitigate these vulnerabilities. On the external side, our estimations show that Sub-Saharan African countries are highly vulnerable to global food prices, with the pass-through from global to local food prices estimated close to unity for highly imported staples. On the domestic side, staple food price inflation is lower in countries with greater local production and among products with lower consumption shares. Additionally, adverse shocks such as natural disasters and wars bring 1.8 and 4 percent staple food price surges respectively beyond generalized price increases. Economic policy can lower food price inflation, as the strength of monetary policy and fiscal frameworks, the overall economic environment, and transport constraints in geographically challenged areas account for substantial cross-country differences in staple food prices.

How long is Staple Food Prices in Sub-Saharan Africa: An Empirical Assessment?

Staple Food Prices in Sub-Saharan Africa: An Empirical Assessment by Cedric Okou is 44 pages long, and a total of 11,176 words.

This makes it 15% the length of the average book. It also has 14% more words than the average book.

How Long Does it Take to Read Staple Food Prices in Sub-Saharan Africa: An Empirical Assessment Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 1 minute to read Staple Food Prices in Sub-Saharan Africa: An Empirical Assessment aloud.

What Reading Level is Staple Food Prices in Sub-Saharan Africa: An Empirical Assessment?

Staple Food Prices in Sub-Saharan Africa: An Empirical Assessment is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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