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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Household Consumption Responses to the Franc CFA Devaluation: Evidence from Urban Mali
Authors:Singare, KassimISNI
Reardon, ThomasISNI
Camara, Youssouf
Wanzala, Mariah
Teme, Bino
Sanogo, Ousmane
Periodical:Food Policy
Geographic term:Mali
urban households
urban areas
Urbanization and Migration
Economics and Trade
External link:https://doi.org/10.1016/S0306-9192(99)00056-1
Abstract:This paper examines household consumption responses to the 1994 franc CFA devaluation in Mali. It compares consumption patterns in 1993 and 1996 for a sample of households in the capital city, Bamako. It presents the following results: first, despite fears of caloric intake decline with devaluation, the intake of staple foods held steady and even increased, as did the poor's intake. Yet the increase in the overall food budget was lower than the overall increase in the food price index; second, there was a small decrease in the share of the food budget in vegetables, hence consumers sacrificed some diet diversity to protect staple food intake in the face of overall food price increases due to the devaluation; third, the maintenance of rice in the staple food diet was quite striking, as was the lack of the (expected) shift toward local coarse grains; fourth, the greatest instances of shifts from imported toward local food products were observed in the categories of luxury products, such as a shift from bread, noodles, powdered and tinned milk, and vegetable oil, toward local rice and sheanut butter. Bibliogr., notes, ref.