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Agricultural Price Distortions, Poverty, and Inequality in the Philippines [electronic resource] / Caesar B Cororaton.

Author/Creator:
Cororaton, Caesar B.
Publication:
Washington, D.C. : The World Bank, 2009.
Format/Description:
Government document
Book
Series:
Other papers
World Bank e-Library.
Other papers
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Local subjects:
Agricultural Sector Economics. (search)
Agricultural Trade. (search)
Agriculture. (search)
Beef. (search)
Commodity Prices. (search)
Consumers. (search)
Corn. (search)
Developing Countries. (search)
Economic Policy. (search)
Food Consumption. (search)
Food Processing. (search)
Gdp. (search)
Grains. (search)
Gross Domestic Product. (search)
Income Tax. (search)
Inequality. (search)
Information Technology. (search)
International Food Policy Research Institute. (search)
Labor Market. (search)
Meat. (search)
Milling Industry. (search)
Political Economy. (search)
Poverty Reduction. (search)
Poverty and Trade. (search)
Savings. (search)
Skilled Workers. (search)
Sugar. (search)
Trade Liberalization. (search)
Trade Policy. (search)
Trade Protection. (search)
Unemployment. (search)
Unskilled Workers. (search)
Wages. (search)
World Trade Organization. (search)
animal Feed. (search)
Summary:
This paper analyzes the poverty and inequality implications of removing agricultural and non-agricultural price distortions in the domestic market of the Philippines and abroad. Liberalization in the rest of the world is poverty and inequality reducing, whereas full domestic liberalization increases national poverty and inequality. Poverty declines while inequality increases marginally in the combined scenario of both global and domestic agriculture reform. Although the reduction in the national poverty headcount is small in the latter scenario, the poorest of the poor, particularly those living in the rural areas, emerge as 'winners', given their strong reliance on agricultural production and unskilled labor wages.
Contributor:
Cororaton, Caesar B.
Corong, Erwin.
Cockburn, John.
Publisher Number:
10.1596/28178
Access Restriction:
Restricted for use by site license.