Rising commodities prices driven by the Russia-Ukraine crisis threaten to undermine Kenya’s economy, increase poverty
Much of the early attention to the Russia-Ukraine conflict’s food security impacts has been concentrated on countries highly dependent on wheat imports from the Black Sea region. Given the important role that wheat products play in the diets of people in Egypt, Sudan, Yemen, Lebanon, and other count...
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| Formato: | Capítulo de libro |
| Lenguaje: | Inglés |
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International Food Policy Research Institute
2023
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/140102 |
| _version_ | 1855537802039525376 |
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| author | Breisinger, Clemens Diao, Xinshen Dorosh, Paul A. Mbuthia, Juneweenex Omune, Lensa Oseko, Edwin Ombui Pradesha, Angga Thurlow, James |
| author_browse | Breisinger, Clemens Diao, Xinshen Dorosh, Paul A. Mbuthia, Juneweenex Omune, Lensa Oseko, Edwin Ombui Pradesha, Angga Thurlow, James |
| author_facet | Breisinger, Clemens Diao, Xinshen Dorosh, Paul A. Mbuthia, Juneweenex Omune, Lensa Oseko, Edwin Ombui Pradesha, Angga Thurlow, James |
| author_sort | Breisinger, Clemens |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Much of the early attention to the Russia-Ukraine conflict’s food security impacts has been concentrated on countries highly dependent on wheat imports from the Black Sea region. Given the important role that wheat products play in the diets of people in Egypt, Sudan, Yemen, Lebanon, and other countries, the interruption in Black Sea wheat trade and high prices have raised serious concerns about rising levels of food insecurity, poverty, and instability around the world. But many countries are affected by price increases across a range of commodities (some predating the war), including in fertilizers, edible oils, and maize, as well as oil, natural gas, and other energy products. How are these sharp international price increases impacting countries and people, and how can countries respond? Our recent modeling study focusing on Kenya suggests higher prices, particularly for fertilizer, will reduce GDP growth and increase poverty rates in the country, putting an estimated 1.4 million additional people below the poverty line. |
| format | Book Chapter |
| id | CGSpace140102 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2023 |
| publishDateRange | 2023 |
| publishDateSort | 2023 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1401022025-11-06T04:15:10Z Rising commodities prices driven by the Russia-Ukraine crisis threaten to undermine Kenya’s economy, increase poverty Breisinger, Clemens Diao, Xinshen Dorosh, Paul A. Mbuthia, Juneweenex Omune, Lensa Oseko, Edwin Ombui Pradesha, Angga Thurlow, James shock policies war coronavirus covid-19 commodities agriculture markets trade coronavirinae russia food security ukraine conflicts coronavirus disease poverty prices climate change Much of the early attention to the Russia-Ukraine conflict’s food security impacts has been concentrated on countries highly dependent on wheat imports from the Black Sea region. Given the important role that wheat products play in the diets of people in Egypt, Sudan, Yemen, Lebanon, and other countries, the interruption in Black Sea wheat trade and high prices have raised serious concerns about rising levels of food insecurity, poverty, and instability around the world. But many countries are affected by price increases across a range of commodities (some predating the war), including in fertilizers, edible oils, and maize, as well as oil, natural gas, and other energy products. How are these sharp international price increases impacting countries and people, and how can countries respond? Our recent modeling study focusing on Kenya suggests higher prices, particularly for fertilizer, will reduce GDP growth and increase poverty rates in the country, putting an estimated 1.4 million additional people below the poverty line. 2023-07-11 2024-03-14T12:08:55Z 2024-03-14T12:08:55Z Book Chapter https://hdl.handle.net/10568/140102 en https://doi.org/10.2499/9780896294394 https://www.ifpri.org/blog/rising-commodities-prices-driven-russia-ukraine-crisis-threaten-undermine-kenyas-economy Open Access application/pdf International Food Policy Research Institute Breisinger, Clemens; Diao, Xinshen; Dorosh, Paul A.; Mbuthia, Juneweenex; Omune, Lensa; Pradesha, Angga; and Thurlow, James. 2023. Rising commodities prices driven by the Russia-Ukraine crisis threaten to undermine Kenya’s economy, increase poverty. In The Russia-Ukraine Conflict and Global Food Security, eds. Joseph Glauber and David Laborde. Section Four: Country Impacts and Responses: Sub-Saharan Africa, Chapter 33, Pp. 170-174. https://doi.org/10.2499/9780896294394_33. |
| spellingShingle | shock policies war coronavirus covid-19 commodities agriculture markets trade coronavirinae russia food security ukraine conflicts coronavirus disease poverty prices climate change Breisinger, Clemens Diao, Xinshen Dorosh, Paul A. Mbuthia, Juneweenex Omune, Lensa Oseko, Edwin Ombui Pradesha, Angga Thurlow, James Rising commodities prices driven by the Russia-Ukraine crisis threaten to undermine Kenya’s economy, increase poverty |
| title | Rising commodities prices driven by the Russia-Ukraine crisis threaten to undermine Kenya’s economy, increase poverty |
| title_full | Rising commodities prices driven by the Russia-Ukraine crisis threaten to undermine Kenya’s economy, increase poverty |
| title_fullStr | Rising commodities prices driven by the Russia-Ukraine crisis threaten to undermine Kenya’s economy, increase poverty |
| title_full_unstemmed | Rising commodities prices driven by the Russia-Ukraine crisis threaten to undermine Kenya’s economy, increase poverty |
| title_short | Rising commodities prices driven by the Russia-Ukraine crisis threaten to undermine Kenya’s economy, increase poverty |
| title_sort | rising commodities prices driven by the russia ukraine crisis threaten to undermine kenya s economy increase poverty |
| topic | shock policies war coronavirus covid-19 commodities agriculture markets trade coronavirinae russia food security ukraine conflicts coronavirus disease poverty prices climate change |
| url | https://hdl.handle.net/10568/140102 |
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