Nigeria: Impacts of the Ukraine and global crises on poverty and 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, have also contributed to rising prices. Palm oil and wheat prices increased by 56...

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Autores principales: Andam, Kwaw S., Xinshen Diao, Dorosh, Paul A., Pradesha, Angga, Thurlow, James
Formato: Brief
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2022
Materias:
Acceso en línea:https://hdl.handle.net/10568/125316
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author Andam, Kwaw S.
Xinshen Diao
Dorosh, Paul A.
Pradesha, Angga
Thurlow, James
author_browse Andam, Kwaw S.
Dorosh, Paul A.
Pradesha, Angga
Thurlow, James
Xinshen Diao
author_facet Andam, Kwaw S.
Xinshen Diao
Dorosh, Paul A.
Pradesha, Angga
Thurlow, James
author_sort Andam, Kwaw S.
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, have also contributed to rising prices. Palm oil and wheat prices increased by 56 and 100 percent in real terms, respectively, between June 2021 and April 2022, with most of the in-crease occurring since February (Figure 1). Wide variation exists across products, with real maize prices increasing by only 11 percent and rice prices declining by 13 percent. The price of crude oil and natural gas has also risen substantially, while the weighted average price of fertilizer has dou-bled. With these changes in global prices, many developing countries and their development part-ners are concerned about the implications for economic stability, food security, and poverty.
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spelling CGSpace1253162025-11-06T04:31:59Z Nigeria: Impacts of the Ukraine and global crises on poverty and food security Andam, Kwaw S. Xinshen Diao Dorosh, Paul A. Pradesha, Angga Thurlow, James ukraine poverty food security armed conflicts prices shock agrifood systems equality diet gross national product crises 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, have also contributed to rising prices. Palm oil and wheat prices increased by 56 and 100 percent in real terms, respectively, between June 2021 and April 2022, with most of the in-crease occurring since February (Figure 1). Wide variation exists across products, with real maize prices increasing by only 11 percent and rice prices declining by 13 percent. The price of crude oil and natural gas has also risen substantially, while the weighted average price of fertilizer has dou-bled. With these changes in global prices, many developing countries and their development part-ners are concerned about the implications for economic stability, food security, and poverty. 2022-06-22 2022-11-03T07:09:16Z 2022-11-03T07:09:16Z Brief https://hdl.handle.net/10568/125316 en Open Access application/pdf International Food Policy Research Institute Andam, Kwaw S.; Diao, Xinshen; Dorosh, Paul A.; Pradesha, Angga; and Thurlow, James. 2022. Nigeria: Impacts of the Ukraine and global crises on poverty and food security. Global Crisis Country Brief 4. Washington, DC: International Food Policy Research Institute (IFPRI). https://doi.org/10.2499/p15738coll2.135945. http://books.google.com/books/about?id=mKd3EAAAQBAJ https://play.google.com/store/books/details?id=mKd3EAAAQBAJ
spellingShingle ukraine
poverty
food security
armed conflicts
prices
shock
agrifood systems
equality
diet
gross national product
crises
Andam, Kwaw S.
Xinshen Diao
Dorosh, Paul A.
Pradesha, Angga
Thurlow, James
Nigeria: Impacts of the Ukraine and global crises on poverty and food security
title Nigeria: Impacts of the Ukraine and global crises on poverty and food security
title_full Nigeria: Impacts of the Ukraine and global crises on poverty and food security
title_fullStr Nigeria: Impacts of the Ukraine and global crises on poverty and food security
title_full_unstemmed Nigeria: Impacts of the Ukraine and global crises on poverty and food security
title_short Nigeria: Impacts of the Ukraine and global crises on poverty and food security
title_sort nigeria impacts of the ukraine and global crises on poverty and food security
topic ukraine
poverty
food security
armed conflicts
prices
shock
agrifood systems
equality
diet
gross national product
crises
url https://hdl.handle.net/10568/125316
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