Bangladesh - Prices of Essential Commodities : Recent Trends, Underlying Factors and Policy Options
There is a concern in Bangladesh that prices of essential commodities, mainly food items including rice, wheat, pulses, sugar, edible oils, ginger, garlic, onion and potato, have shown an upward trend in the past several months. Media reports in recent weeks are full of government actions including pictures of personnel of Bangladesh rifles manning fair price shops and selling essential food items to the lower and lower-middle income classes. The government's concern of the impact of rising food prices on the welfare of the poor is quite understandable. According to the 2005 household and income expenditure data, these food items account for more than one-third of the annual household expenditure of the bottom 20 percent of the population. What is the true picture of rising food prices in Bangladesh? How much of the rise is due to changes in demand and supply in the international commodity markets? What domestic factors, particularly in the very short-run, i.e., a week to ten days, account for the price rise? What measures has the Government of Bangladesh taken to check the price rise and what other options exist to deal with the prevailing situation? This note addresses these questions.
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dig-okr-1098681022024-08-08T15:14:27Z Bangladesh - Prices of Essential Commodities : Recent Trends, Underlying Factors and Policy Options World Bank AGGREGATE DEMAND CAPABILITY CENTRAL BANKS COMMERCE COMMODITIES COMMODITY COMMODITY PRICES CONSUMER PRICES COOPERATIVE MARKETING CUSTOM DEVELOPING COUNTRIES DEVELOPING COUNTRY DOMESTIC MARKET DOMESTIC PRICE DOMESTIC PRICES EDIBLE OILS EXCHANGE RATE EXPENDITURE FAIR FATS FOOD PRICES FOREIGN FINANCING GOVERNMENT ACTIONS GOVERNMENT INTERVENTIONS GRAINS INCOME INFLATION INFORMATION FLOWS INTERNATIONAL MARKETS INTERNATIONAL TRADE LETTER OF CREDIT MAFIA MARKET POWER MONETARY POLICY OPEN MARKET POTATO PRICE CHANGES PRICE INCREASE PRICE TREND PRIVATE SECTOR PULSES RESERVE BANK RESULT RICE RISE IN INFLATION RISK PREMIUM SALES SALES OUTLETS SOYBEAN SPICES STOCKS SUBSTITUTE SUGAR SUPPLIERS SUPPLY CHAIN SUPPLY SHOCKS TAXATION POLICY TRADING SYSTEM TRANSLATION VOLATILITY WHEAT WHOLESALE MARKETS WHOLESALERS There is a concern in Bangladesh that prices of essential commodities, mainly food items including rice, wheat, pulses, sugar, edible oils, ginger, garlic, onion and potato, have shown an upward trend in the past several months. Media reports in recent weeks are full of government actions including pictures of personnel of Bangladesh rifles manning fair price shops and selling essential food items to the lower and lower-middle income classes. The government's concern of the impact of rising food prices on the welfare of the poor is quite understandable. According to the 2005 household and income expenditure data, these food items account for more than one-third of the annual household expenditure of the bottom 20 percent of the population. What is the true picture of rising food prices in Bangladesh? How much of the rise is due to changes in demand and supply in the international commodity markets? What domestic factors, particularly in the very short-run, i.e., a week to ten days, account for the price rise? What measures has the Government of Bangladesh taken to check the price rise and what other options exist to deal with the prevailing situation? This note addresses these questions. 2012-06-14T20:50:24Z 2012-06-14T20:50:24Z 2007-04-07 http://documents.worldbank.org/curated/en/2007/04/16267457/bangladesh-prices-essential-commodities-recent-trends-underlying-factors-policy-options https://hdl.handle.net/10986/8102 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank application/pdf text/plain Washington, DC |
institution |
Banco Mundial |
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Estados Unidos |
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US |
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Bibliográfico |
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En linea |
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biblioteca |
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America del Norte |
libraryname |
Biblioteca del Banco Mundial |
language |
English |
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AGGREGATE DEMAND CAPABILITY CENTRAL BANKS COMMERCE COMMODITIES COMMODITY COMMODITY PRICES CONSUMER PRICES COOPERATIVE MARKETING CUSTOM DEVELOPING COUNTRIES DEVELOPING COUNTRY DOMESTIC MARKET DOMESTIC PRICE DOMESTIC PRICES EDIBLE OILS EXCHANGE RATE EXPENDITURE FAIR FATS FOOD PRICES FOREIGN FINANCING GOVERNMENT ACTIONS GOVERNMENT INTERVENTIONS GRAINS INCOME INFLATION INFORMATION FLOWS INTERNATIONAL MARKETS INTERNATIONAL TRADE LETTER OF CREDIT MAFIA MARKET POWER MONETARY POLICY OPEN MARKET POTATO PRICE CHANGES PRICE INCREASE PRICE TREND PRIVATE SECTOR PULSES RESERVE BANK RESULT RICE RISE IN INFLATION RISK PREMIUM SALES SALES OUTLETS SOYBEAN SPICES STOCKS SUBSTITUTE SUGAR SUPPLIERS SUPPLY CHAIN SUPPLY SHOCKS TAXATION POLICY TRADING SYSTEM TRANSLATION VOLATILITY WHEAT WHOLESALE MARKETS WHOLESALERS AGGREGATE DEMAND CAPABILITY CENTRAL BANKS COMMERCE COMMODITIES COMMODITY COMMODITY PRICES CONSUMER PRICES COOPERATIVE MARKETING CUSTOM DEVELOPING COUNTRIES DEVELOPING COUNTRY DOMESTIC MARKET DOMESTIC PRICE DOMESTIC PRICES EDIBLE OILS EXCHANGE RATE EXPENDITURE FAIR FATS FOOD PRICES FOREIGN FINANCING GOVERNMENT ACTIONS GOVERNMENT INTERVENTIONS GRAINS INCOME INFLATION INFORMATION FLOWS INTERNATIONAL MARKETS INTERNATIONAL TRADE LETTER OF CREDIT MAFIA MARKET POWER MONETARY POLICY OPEN MARKET POTATO PRICE CHANGES PRICE INCREASE PRICE TREND PRIVATE SECTOR PULSES RESERVE BANK RESULT RICE RISE IN INFLATION RISK PREMIUM SALES SALES OUTLETS SOYBEAN SPICES STOCKS SUBSTITUTE SUGAR SUPPLIERS SUPPLY CHAIN SUPPLY SHOCKS TAXATION POLICY TRADING SYSTEM TRANSLATION VOLATILITY WHEAT WHOLESALE MARKETS WHOLESALERS |
spellingShingle |
AGGREGATE DEMAND CAPABILITY CENTRAL BANKS COMMERCE COMMODITIES COMMODITY COMMODITY PRICES CONSUMER PRICES COOPERATIVE MARKETING CUSTOM DEVELOPING COUNTRIES DEVELOPING COUNTRY DOMESTIC MARKET DOMESTIC PRICE DOMESTIC PRICES EDIBLE OILS EXCHANGE RATE EXPENDITURE FAIR FATS FOOD PRICES FOREIGN FINANCING GOVERNMENT ACTIONS GOVERNMENT INTERVENTIONS GRAINS INCOME INFLATION INFORMATION FLOWS INTERNATIONAL MARKETS INTERNATIONAL TRADE LETTER OF CREDIT MAFIA MARKET POWER MONETARY POLICY OPEN MARKET POTATO PRICE CHANGES PRICE INCREASE PRICE TREND PRIVATE SECTOR PULSES RESERVE BANK RESULT RICE RISE IN INFLATION RISK PREMIUM SALES SALES OUTLETS SOYBEAN SPICES STOCKS SUBSTITUTE SUGAR SUPPLIERS SUPPLY CHAIN SUPPLY SHOCKS TAXATION POLICY TRADING SYSTEM TRANSLATION VOLATILITY WHEAT WHOLESALE MARKETS WHOLESALERS AGGREGATE DEMAND CAPABILITY CENTRAL BANKS COMMERCE COMMODITIES COMMODITY COMMODITY PRICES CONSUMER PRICES COOPERATIVE MARKETING CUSTOM DEVELOPING COUNTRIES DEVELOPING COUNTRY DOMESTIC MARKET DOMESTIC PRICE DOMESTIC PRICES EDIBLE OILS EXCHANGE RATE EXPENDITURE FAIR FATS FOOD PRICES FOREIGN FINANCING GOVERNMENT ACTIONS GOVERNMENT INTERVENTIONS GRAINS INCOME INFLATION INFORMATION FLOWS INTERNATIONAL MARKETS INTERNATIONAL TRADE LETTER OF CREDIT MAFIA MARKET POWER MONETARY POLICY OPEN MARKET POTATO PRICE CHANGES PRICE INCREASE PRICE TREND PRIVATE SECTOR PULSES RESERVE BANK RESULT RICE RISE IN INFLATION RISK PREMIUM SALES SALES OUTLETS SOYBEAN SPICES STOCKS SUBSTITUTE SUGAR SUPPLIERS SUPPLY CHAIN SUPPLY SHOCKS TAXATION POLICY TRADING SYSTEM TRANSLATION VOLATILITY WHEAT WHOLESALE MARKETS WHOLESALERS World Bank Bangladesh - Prices of Essential Commodities : Recent Trends, Underlying Factors and Policy Options |
description |
There is a concern in Bangladesh that
prices of essential commodities, mainly food items including
rice, wheat, pulses, sugar, edible oils, ginger, garlic,
onion and potato, have shown an upward trend in the past
several months. Media reports in recent weeks are full of
government actions including pictures of personnel of
Bangladesh rifles manning fair price shops and selling
essential food items to the lower and lower-middle income
classes. The government's concern of the impact of
rising food prices on the welfare of the poor is quite
understandable. According to the 2005 household and income
expenditure data, these food items account for more than
one-third of the annual household expenditure of the bottom
20 percent of the population. What is the true picture of
rising food prices in Bangladesh? How much of the rise is
due to changes in demand and supply in the international
commodity markets? What domestic factors, particularly in
the very short-run, i.e., a week to ten days, account for
the price rise? What measures has the Government of
Bangladesh taken to check the price rise and what other
options exist to deal with the prevailing situation? This
note addresses these questions. |
topic_facet |
AGGREGATE DEMAND CAPABILITY CENTRAL BANKS COMMERCE COMMODITIES COMMODITY COMMODITY PRICES CONSUMER PRICES COOPERATIVE MARKETING CUSTOM DEVELOPING COUNTRIES DEVELOPING COUNTRY DOMESTIC MARKET DOMESTIC PRICE DOMESTIC PRICES EDIBLE OILS EXCHANGE RATE EXPENDITURE FAIR FATS FOOD PRICES FOREIGN FINANCING GOVERNMENT ACTIONS GOVERNMENT INTERVENTIONS GRAINS INCOME INFLATION INFORMATION FLOWS INTERNATIONAL MARKETS INTERNATIONAL TRADE LETTER OF CREDIT MAFIA MARKET POWER MONETARY POLICY OPEN MARKET POTATO PRICE CHANGES PRICE INCREASE PRICE TREND PRIVATE SECTOR PULSES RESERVE BANK RESULT RICE RISE IN INFLATION RISK PREMIUM SALES SALES OUTLETS SOYBEAN SPICES STOCKS SUBSTITUTE SUGAR SUPPLIERS SUPPLY CHAIN SUPPLY SHOCKS TAXATION POLICY TRADING SYSTEM TRANSLATION VOLATILITY WHEAT WHOLESALE MARKETS WHOLESALERS |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
Bangladesh - Prices of Essential Commodities : Recent Trends, Underlying Factors and Policy Options |
title_short |
Bangladesh - Prices of Essential Commodities : Recent Trends, Underlying Factors and Policy Options |
title_full |
Bangladesh - Prices of Essential Commodities : Recent Trends, Underlying Factors and Policy Options |
title_fullStr |
Bangladesh - Prices of Essential Commodities : Recent Trends, Underlying Factors and Policy Options |
title_full_unstemmed |
Bangladesh - Prices of Essential Commodities : Recent Trends, Underlying Factors and Policy Options |
title_sort |
bangladesh - prices of essential commodities : recent trends, underlying factors and policy options |
publisher |
Washington, DC |
publishDate |
2007-04-07 |
url |
http://documents.worldbank.org/curated/en/2007/04/16267457/bangladesh-prices-essential-commodities-recent-trends-underlying-factors-policy-options https://hdl.handle.net/10986/8102 |
work_keys_str_mv |
AT worldbank bangladeshpricesofessentialcommoditiesrecenttrendsunderlyingfactorsandpolicyoptions |
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1807159486392041472 |