March 26, 2008
Fear & Food: MENA Inflation (Open Commentary)
I have (as our site authors can verify) a draft on the issues of dating a month - an indictment of my writing time - on this issue (generally), but sadly this has to wait for more free time. At the same time this is a hot and frankly useful topic. Thus, while I haven't done up my proper commentary, an open note on this issue I think useful.
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Was there supposed to be a link somewhere?
A general question, how far, if at all, does the influx of cash-flow to the Gulf oil producers trickle over to the Maghreb. My semi-informed wild guess assumption is not much. Would it be fair to say that inflation in NA is supply-pinch (high petro costs) as opposed to Gulf cash-overflow?
Posted by: matthew hogan at March 29, 2008 01:29 PM
Egypt's bread problems seem to originate, fairly predictably, from a perfect storm of population growth and government mismanagement of the whole food subsidy program(which I'm sure was a bad idea in the first place but how do you let go of a wolf once you've got him by the ears?).
Posted by: Djuha at March 29, 2008 10:14 PM