Russia-Ukraine war and the global crisis: Impacts on poverty and food security in developing countries
Global food, fuel, and fertilizer prices have risen rapidly in recent months, driven in large part by the fallout from the ongoing war in Ukraine and the sanctions imposed on Russia. Other factors, such as export bans in response to concerns about commodity shortages, have also contributed to rising...
| Autores principales: | , , , , |
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| Formato: | Brief |
| Lenguaje: | Inglés |
| Publicado: |
International Food Policy Research Institute
2022
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| Acceso en línea: | https://hdl.handle.net/10568/125314 |
| _version_ | 1855543182237892608 |
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| author | Arndt, Channing Diao, Xinshen Dorosh, Paul A. Pauw, Karl Thurlow, James |
| author_browse | Arndt, Channing Diao, Xinshen Dorosh, Paul A. Pauw, Karl Thurlow, James |
| author_facet | Arndt, Channing Diao, Xinshen Dorosh, Paul A. Pauw, Karl Thurlow, James |
| author_sort | Arndt, Channing |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Global food, fuel, and fertilizer prices have risen rapidly in recent months, driven in large part by the fallout from the ongoing war in Ukraine and the sanctions imposed on Russia. Other factors, such as export bans in response to concerns about commodity shortages, have also contributed to rising prices. Figure 1 examines price changes in key food and nonfood commodities between June 2021 and June 2022. The period of interest for this study is June 2021 to April 2022. Over this period, palm oil and wheat prices increased by 68 and 113 percent in nominal terms, respectively. When deflated by the US Consumer Price Index, these price changes equate to 56 and 100 percent in real terms. Wide variation exists across food products, with nominal maize prices increasing by 19 per-cent (or 11 percent in real terms), and rice prices declining by 13 percent (or 7 percent in real terms) over the same period. Prices of nonfood commodities also rose substantially. Whereas crude oil prices rose 44 percent (or 34 percent in real terms), natural gas and fertilizer prices both doubled (or 88 and 101 percent in real terms, respectively). As shown in the breakdown in the bar chart, most of the price growth occurred after the start of the war in Ukraine, except for fertilizer. |
| format | Brief |
| id | CGSpace125314 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2022 |
| publishDateRange | 2022 |
| publishDateSort | 2022 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1253142025-11-06T04:47:11Z Russia-Ukraine war and the global crisis: Impacts on poverty and food security in developing countries Arndt, Channing Diao, Xinshen Dorosh, Paul A. Pauw, Karl Thurlow, James foods value chains maize nutrition security exports markets institutions farmers traders household income household food security surveys coronavirus coronavirus disease coronavirinae covid-19 dairy industry policies agricultural value chains social protection processes households revenue food security Global food, fuel, and fertilizer prices have risen rapidly in recent months, driven in large part by the fallout from the ongoing war in Ukraine and the sanctions imposed on Russia. Other factors, such as export bans in response to concerns about commodity shortages, have also contributed to rising prices. Figure 1 examines price changes in key food and nonfood commodities between June 2021 and June 2022. The period of interest for this study is June 2021 to April 2022. Over this period, palm oil and wheat prices increased by 68 and 113 percent in nominal terms, respectively. When deflated by the US Consumer Price Index, these price changes equate to 56 and 100 percent in real terms. Wide variation exists across food products, with nominal maize prices increasing by 19 per-cent (or 11 percent in real terms), and rice prices declining by 13 percent (or 7 percent in real terms) over the same period. Prices of nonfood commodities also rose substantially. Whereas crude oil prices rose 44 percent (or 34 percent in real terms), natural gas and fertilizer prices both doubled (or 88 and 101 percent in real terms, respectively). As shown in the breakdown in the bar chart, most of the price growth occurred after the start of the war in Ukraine, except for fertilizer. 2022-09-23 2022-11-03T07:09:15Z 2022-11-03T07:09:15Z Brief https://hdl.handle.net/10568/125314 en Open Access application/pdf International Food Policy Research Institute Arndt, C., Diao, X., Dorosh, P., Pauw, K. and Thurlow, J. 2022. Russia-Ukraine war and the global crisis: Impacts on poverty and food security in developing countries. Global Crisis Country Brief 20. Washington, DC: International Food Policy Research Institute (IFPRI). https://doi.org/10.2499/p15738coll2.136382. http://books.google.com/books/about?id=eECMEAAAQBAJ https://play.google.com/store/books/details?id=eECMEAAAQBAJ |
| spellingShingle | foods value chains maize nutrition security exports markets institutions farmers traders household income household food security surveys coronavirus coronavirus disease coronavirinae covid-19 dairy industry policies agricultural value chains social protection processes households revenue food security Arndt, Channing Diao, Xinshen Dorosh, Paul A. Pauw, Karl Thurlow, James Russia-Ukraine war and the global crisis: Impacts on poverty and food security in developing countries |
| title | Russia-Ukraine war and the global crisis: Impacts on poverty and food security in developing countries |
| title_full | Russia-Ukraine war and the global crisis: Impacts on poverty and food security in developing countries |
| title_fullStr | Russia-Ukraine war and the global crisis: Impacts on poverty and food security in developing countries |
| title_full_unstemmed | Russia-Ukraine war and the global crisis: Impacts on poverty and food security in developing countries |
| title_short | Russia-Ukraine war and the global crisis: Impacts on poverty and food security in developing countries |
| title_sort | russia ukraine war and the global crisis impacts on poverty and food security in developing countries |
| topic | foods value chains maize nutrition security exports markets institutions farmers traders household income household food security surveys coronavirus coronavirus disease coronavirinae covid-19 dairy industry policies agricultural value chains social protection processes households revenue food security |
| url | https://hdl.handle.net/10568/125314 |
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