Preview

food inflation

Powerful Essays
Open Document
Open Document
3990 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
food inflation
Pakistan Economy

Term Paper

FOOD INFLATION

SUBMITTED To: Madam Momna Zubair

SUBMITTED by: Summaiya Yasmin Irum Shahzadi Summera Maqbool Shumaila Zareen Sehrish Tabassum SUBMISSION DATE: 16-5-2008

International Islamic University Islamabad

2008.

Acknowledgement

We would like to take this opportunity to pay our humble attitude of Almighty ALLAH who enabled us to complete our term paper. We wish to express our gratitude to our honored teacher, mam Momna Zubair, from her sympathetic gaudiness. It is a pleasant duty to acknowledge her numerous valuable suggestions concerning the methodology and organization of this research.

At last but not at least is for all our ever-loving friends without mentioning them by names. We wish to thank them all.

Contents:

Topics Page no

Introduction……………………………………….. (2)
Literature review…………………………………… (5)
Variables causing food inflation…………………… (6)
Monetory Factors…………………………… (6)
Structural Factors…………………………... (6)
Basic Elements of the Model…………………….. (7)
The Variables in the light of current senerio…….. (9)
A fact…………… (14)
Policy Implications…………………………….... (14)
Conclusion……………………………………… (15)
References……………………………………… (16)

Introduction:

Inflation is a burning issue in Pakistan. It is generally felt that for several years Pakistan has had a double-digit inflation. The public sector has used a mix of policies to control inflation, and it is also held responsible for its creation.. The consumer price index (CPI) increased over 11 percent in 1981-82, and over 12 percent in 1990-91.

Similarly, sensitive price



References: Chaudhary M.Aslam, Ahmed Naveed (1995) “ Money Supply, Deficit And Inflation In Pakistan” , “ The Pakistan Development Review” , part 3, 34:4 pp. 945-956. RNCOS (2007) , “ Pakistan Continue To Witness Food Inflation”, food industry research report. Exacutive summary, “price trends” Pakistan Economic Survay (2007-08), Pp.45-48 Khan, Amir (2008), “Cheaper Rupee To Push Food Prices Further”, The Dawn, Friday,25 april 2008 Gira, Nina (2004) , “ Food Insecurity Under Structural Adjustment In Pakistan”, Asian Survay, vol.44 , No. 3, pp. 358-368. University Of California. Mohsin, Axel (2005) , “Inflation In Pakistan: Money Or Wheat” , session II , Middle East Central Asia Department, washington DC USA.

You May Also Find These Documents Helpful

  • Best Essays

    Socha, T., Zahaf, M., Chambers, L., Abraham, R., Fiddler, T. (2012). Food Security in a…

    • 3958 Words
    • 16 Pages
    Best Essays
  • Powerful Essays

    Inflation & Money Supply

    • 3376 Words
    • 14 Pages

    Inflation is a burning issue in Pakistan. Pakistan has double digit inflation. The factor determine the inflation, first of all money supply are the major determinant of the inflation. In case of Pakistan concluded that in the long run excess money supply is the main factor responsible for inflation. The data given below is from year (1998-2008). Data shows that how much percentage change was change every year.…

    • 3376 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    Patnaik, Utsa (2004) The republic of hunger. Social Scientist, 32(9-10): 9-35. Patnaik, Utsa (2007) Neoliberalism and rural poverty in India. Economic and Political Weekly, July 28: 3132-50. Pinstrup-Andersen, Per, Norha-Ruis, de Londono and Edward, Hoover (1976) The impact of increasing food supply on human nutrition: Implications for commodity priorities in agricultural research and policy. American Journal of Agricultural Economics, 58(2): 131 142. Radhakrishna, R. (2005) Food and nutrition security of the poor: Emerging perspectives and policy issues. Economic and Political Weekly, 40(18): 1817-21. Radhakrishna, R., Hanumantha Rao, K., Ravi, C. and Sambi Reddy, B. (2004) Chronic poverty and malnutrition in 1990s. Economic and Political Weekly, 39(28): 3121-30. Rao, C.H. Hanumantha (2000) Declining demand for foodgrains in rural India: Causes and implications, Economic and Political Weekly, 35(4): 201-6. Rao, C.H. Hanumantha (2005) Agriculture, Food Security, Poverty and Environment: Essays on Post-Reform India, Oxford University Press, New Delhi. Ray, Ranjan and Lancaster, Geoffrey (2005) On setting the poverty line based on estimated nutrient prices: Condition of socially disadvantaged groups during the reform period, Economic and Political Weekly, 40(1): 46-56. Shinoj, P. and Mathur, V.C. (2006) Analysis of demand for major spices in India. Agricultural Economics Research Review, 19(2): 367-376. Stone, J.R.N. (1954) Linear expenditure system and demand analysis: An application to the pattern of British demand. Economic Journal, 64: 511 527. Swamy, Gurushri and Binswanger, Hans P. (1983) Flexible consumer demand systems and linear estimation: Food in India. American Journal of Agricultural Economics, 63(2): 237 246.…

    • 8435 Words
    • 34 Pages
    Powerful Essays
  • Powerful Essays

    Inflation

    • 1307 Words
    • 6 Pages

    The continuous rise in food prices has led to CPI inflation, with its higher weight for food, showing a trend that diverges from wholesale price inflation, which eased to a three-year low of 6.6% in January.…

    • 1307 Words
    • 6 Pages
    Powerful Essays
  • Best Essays

    7. Dr. Shahbaz Akmal (2007) Stock return and inflation in case of Pakistan retrieved in Pakistan social and development review.…

    • 3153 Words
    • 13 Pages
    Best Essays
  • Good Essays

    India is the world 's second largest producer of food next to China, and has the potential of being the biggest food and agricultural sector.…

    • 672 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Food Prices

    • 2418 Words
    • 10 Pages

    One explanation for rising food prices has been increased demand. The increased demand has been driven by greater food consumption in rapidly developing nations, most notably China and India. Rising consumption of meat, in particular, has driven up demand for grains; it takes eight kilograms of cereals to produce one kilogram of beef, so as demand for meat rises, consumption of grains by cattle surges. Farmers now feed 200 to250 million more tons of grain to their animals than they did 20 years ago, driving up grain prices.…

    • 2418 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    Paragraph

    • 424 Words
    • 2 Pages

    The concerned authority said that price hike is nothing new. The whole country is suffering from high prices of commodities due to increase of prices in the international market and money inflation at national level. Yet we are alert to check any tampering in the market. But most of the common people do not agree with them. “These are lame excuses. We just want to have the prices within our reach. We just want to survive” ---said Mr. Ali Ahmed, a retired…

    • 424 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    I am herewith present my Assignment authorized by you as a requirement for this course.…

    • 2160 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Poverty in Pakistan

    • 295 Words
    • 2 Pages

    Arif, G.M. (2000). “Recent Rise in Poverty and Its Implications for Poor Households in Pakistan.” The Pakistan Development Review, 39(4),…

    • 295 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Rising Global Food Prices

    • 622 Words
    • 3 Pages

    Due to the rapid economic growth in country, many country has transformed its economic structure from manufacturing to knowledge-based economy, which people prefer to leaving their home and work in urban area than farming in rural area. This causes a fall in domestic food production in other words decrease the supply of domestic food which driven up the food prices.…

    • 622 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Some of the determinants of the increased food prices occurred due to higher administered prices such as electricity as well as regulated prices such as fuel. This combined with the decreased supply of maize meal (one of the top five items consumed by poor South Africans) has caused maize prices to increase close to import parity levels. When food commodity prices move from export to import parity levels, food inflation is always likely to spike. Export parity prices occur when farmers produce more of a product needed for domestic requirements and can therefore export. This however is limited by port and rail capacities. Import parity prices occur when imports are needed in order to satisfy the local demand.…

    • 276 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    * The Central Agency for Public Mobilization and Statistics (CAPMAS) stated that inflation has risen to 11.7%, an increase of 0.2 % this year over last” (Abdel Moniem, 2010). Prices of tomatoes, green beans, cucumber & green pepper’s prices have increased to be 15LE, 16LE, 6LE, and 8LE per kilo respectively. Affording basics necessities has become difficult for the middle & lower class families in view of such high inflation. Nadia, works as a house cleaner; she is a widow and a mother of three children. “One plate of salad for a family comprised of four members, used to cost 3 LE in the past few months. Now it costs more than 10 LE. We have to eat foul & eggs instead. Now, I cannot buy vegetables every day like before”. says Nadia. The gravity of this problem implores us to explore short and long-term solutions. Immediately, the Egyptian government should direct over the increasing prices of the vegetables as a short-term solution, and re-distribute the farmlands on the long –term.…

    • 1262 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    future islamic economics

    • 6967 Words
    • 23 Pages

    11. M. Akram Khan, 'Inflation and the Islamic economy: a closed economy model ', in M. Ariff…

    • 6967 Words
    • 23 Pages
    Good Essays
  • Good Essays

    Aug 28 - Sep 03, 2000Monetary policy in Pakistan has been used in co-ordination with the fiscal policy to achieve both the objectives of macro-economic stability and higher economic growth. The government supervises monetary situation of economy through the State Bank of Pakistan (SBP). This article attempts to present an overview of the monetary policy in Pakistan overtime.During the decade of fifties, monetary policy was used to correct external balances in the economy. The government followed the tight monetary policy during the early fifties to prevent inflationary tendencies in the economy. But there was an increase in the money supply because of the deficit financing.The phenomenon of monetary expansion continued during the sixties (Although growth rate of money supply slowed down in the late fifties). Increase in bank rates, cash reserve requirements, liquidity ratios, abolition of credit quotas and the imposition of credit ceiling etc. were the main measures because of rapid increases in private investment and growth of GDP (6.8% in 1960s). The government tried to restrict money supply in the economy to counteract inflation because of conflict with India in 1965 and crop failure in 1966. However, heavy defence expenditures and cut in aid flows forced the government to resort to deficit financing for correcting the fiscal imbalance. It would be pertinent to mention that inflation rates remained low (3.8%, annual average) during this period. This was due to an improvement in the economy and steps taken by the monetary authorities (e.g. increase in bank rates, cash reserve requirements, liquidity ratios, abolition of credit quotas and imposition of credit ceiling). Table-1 Monetary assets in Pakistan…

    • 1060 Words
    • 5 Pages
    Good Essays

Related Topics