Food Prices Revisited: Who’s Vulnerable? 3
Annual Indicators 10
Economic Framework 11
Leading Indicators 12
Monetary Policy Watch 13
FX Views 14
China 16
Hong Kong 20
India 24
Indonesia 28
Malaysia 32
Pakistan 36
Philippines 40
Singapore 44
South Korea 48
Sri Lanka 52
Taiwan 56
Thailand 60
Vietnam 64
Czech Republic 70
Egypt 74
Gulf Cooperation Countries 78
Hungary 82
Israel 86
Kazakhstan 90
Other Africa 94
Poland 98
Romania 102
Russia 106
Slovakia 110
South Africa 114
Turkey 118
Ukraine 122
Argentina 128
Brazil 132
Chile 136
Colombia 140
Mexico 144
Panama 148
Peru 152
Venezuela 156
Appendix A-1 162