The State of Food Insecurity in the World 2011 highlights the differential impacts that the world food crisis of 2006-08 had on different countries, with the poorest being most affected. While some large countries were able to deal with the worst of the crisis, people in many small import-dependent countries experienced large price increases that, even when only temporary, can have permanent effects on their future earnings capacity and ability to escape poverty.
This year’s report focuses on the costs of food price volatility, as well as the dangers and opportunities presented by high food prices. Climate change and an increased frequency of weather shocks, increased linkages between energy and agricultural markets due to growing demand for biofuels, and increased financialization of food and agricultural commodities all suggest that price volatility is here to stay. The report describes the effects of price volatility on food security and presents policy options to reduce volatility in a cost-effective manner and to manage it when it cannot be avoided.
Read full article @ www.fao.org
- Economist: Rising food prices globally reason to increase prices locally (thecurrencynewshound.com)
- Global Food Prices Remain High and Volatile Affecting Poorest Countries the Most (fidest.wordpress.com)
- Agriculture investment, empowering women key to food security: FAO (agricultureafrica.wordpress.com)
- Global commission charts pathway for achieving food security in face of climate change (eurekalert.org)
- World Bank Food Price Watch – Global Price Trends (bespacific.com)
- Annan Calls Global Food Crisis a Moral Failing (foodsecuritysm.wordpress.com)
- Annan calls global food crisis a moral failing (seattletimes.nwsource.com)
- Annan calls global food crisis a moral failing (ctv.ca)
- The ironic nature of the world’s food crisis (leggotunglei808.wordpress.com)
- Otaviano Canuto: Food Prices, Financial Crisis and Droughts (huffingtonpost.com)