Monetary Policy and Food Inflation in Emerging and Developing Economies

Abdul-Aziz Iddrisu, Imhotep Paul Alagidede

$39.99

Paperback

Not in-store but you can order this
How long will it take?

Availability Information

We source books from suppliers in Australia and overseas. For books we don't currently have in stock, the time it takes to get them from our suppliers can vary widely - from a few days to a few months - so we check each book with each supplier to determine the expected time it will take to be supplied to us.

We then advise you accordingly. If the time taken to get any book is too long for you, you can let us know and we will cancel or adjust your order, and refund as required.

To find out the anticipated arrival time for specific items prior to ordering, please contact us by phone or email:

Phone +61 2 9264 3111, or 1800 4 BOOKS (1800 4 26657) if outside Sydney:
option 1 Abbey's Bookshop (Crime, History, Science, Kids & more) • info@abbeys.com.au
option 2 Language Book Centre (ESL & Foreign Languages) • language@abbeys.com.au
option 3 Galaxy Bookshop (Sci-fi, Fantasy, Romance, Graphic Novels) • sf@galaxybooks.com.au

QTY:

English

Routledge
31 May 2023

Development studies; Monetary economics; Development economics; Agriculture & related industries; Agricultural science

Series: Routledge Focus on Environment and Sustainability

This book focuses on the impact of monetary policy and food price volatility and inflation in emerging and developing economies.

The tendency for food price volatility to blot inflation forecasting accuracy, engender tail dynamics in the overall inflation trajectory and derail economic welfare is well known in the literature. The ability of monetary policy to exact stability in food prices, theoretically, has also been well espoused. The empirical evidence, however, is not only in short supply, but also the studies available have dwelt on approaches that underplay the volatile behaviour of food prices. This book focuses on inflation targeting in emerging economies such as Chile, Mexico, Turkey, Brazil, Hungary, Russia, Colombia, South Africa, Indonesia and Ghana, as these are economies with considerable proportion of the consumption basket occupied by food. The book provides the means to understand at first hand the correct way to model food inflation, account for the related policy responses to deviations either in the short or medium to long term, and in market conditions that are subject to excessive variability. Strong evidence is presented that captures deviations of food prices from their trend and the accompanying monetary policy effect in stabilizing such variabilities across distinct frequencies. The novel approach in this book addresses the burgeoning puzzles of asymmetry in monetary policy effect on food prices at high, medium and low episodes of food inflation. In doing so, this book presents a powerful tool for researchers interested in understanding not just the transmission mechanism, but also the magnitudes involved, and to policymakers whose existing tools have failed them. Future studies will do well to deepen the evidence and seek new grounds to which the phenomenon manifests beyond and below emerging markets.

This book will be of great interest to students, scholars and policymakers involved in agricultural economics, financial economics, food security and sustainable development.

By: Abdul-Aziz Iddrisu, Imhotep Paul Alagidede
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 216mm, Width: 138mm,
Weight: 160g
ISBN: 9781032049694
ISBN 10: 1032049693
Series: Routledge Focus on Environment and Sustainability
Pages: 120
Publication Date: 31 May 2023
Audience: General/trade , ELT Advanced
Format: Paperback
Publisher's Status: Active

Abdul-Aziz Iddrisu is a Senior Lecturer in the Department of Banking Technology and Finance at Kumasi Technical University, Ghana. Imhotep Paul Alagidede is a Metaeconomist at the Nile Valley Multiversity, and Professor of Finance at the Wits Business School at the University of the Witwatersrand, South Africa, and SDD-UBIDS at Wa, Ghana.