Since 2006, Mali has experienced the full effects of the global food crisis, with price increases of up to 67%. This study presents simulations of the impacts of this crisis and a number of policy responses with respect to the welfare of children. The impacts are analyzed in terms of monetary (food) poverty, nutrition, education, child labour and access to health services of children. The analysis shows that when targeting children, school feeding programmes are a particularly efficient policy in that they concentrate public funds exclusively on the consumption of highly nutritious foods, while cash transfers can be used by households for other purposes. Moreover, school feeding programmes are likely to have desirable effects on school participation and child labour.