Rapid Assessment of the Impact of Rising Food Prices on the Poor and Vulnerable and Policy Responses in Cambodia

The increase in global food prices in 2008 has led to significantly higher food prices across developing countries. Having peaked in mid-2008, global food prices have fallen but remain volatile, and local food prices are still high in many countries including in Cambodia. The food and non-alcoholic beverages price index in Phnom Penh has continued to increase since March 2009. For this reason, this study attempts to investigate the causes of rising food prices, assess the impact of the recent rise in commodity prices on poor households and vulnerable groups, and update the government policy responses in Cambodia. Specifically, the study will highlight the different key factors behind rising food prices in 2008 and 2011, measure the effect of the food price hikes on poverty, and provide policy options to mitigate the impact of rising food prices on poor households and vulnerable groups.