Food Prices and Political Instability

 
Author/Editor: Arezki, Rabah ; Bruckner, Markus
 
Publication Date: March 01, 2011
 
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Summary: We examine the effects that variations in the international food prices have on democracy and intra-state conflict using panel data for over 120 countries during the period 1970-2007. Our main finding is that in Low Income Countries increases in the international food prices lead to a significant deterioration of democratic institutions and a significant increase in the incidence of anti-government demonstrations, riots, and civil conflict. In the High Income Countries variations in the international food prices have no significant effects on democratic institutions and measures of intra-state conflict. Our empirical results point to a significant externality of variations in international food prices on Low Income Countries' social and political stability.
 
Series: Working Paper No. 11/62
Subject(s): Agricultural prices | Cross country analysis | Economic models | Food production | Low-income developing countries | Political economy

Author's Keyword(s): Food Prices | Conflict | Political Institutions
 
English
Publication Date: March 01, 2011
Format: Paper
Stock No: WPIEA2011062 Pages: 22
Price:
US$18.00 (Academic Rate:
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