Assessing the vulnerability of national food security to international food price shocks: A new index
Recent spikes in staple food prices resulting from the invasion of Ukraine have once again highlighted the difficulty faced by low-income countries that rely on imports for a substantial portion of their food supply. To better understand which countries are most affected by higher world food prices,...
| Autores principales: | , , , , , |
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| Formato: | Artículo preliminar |
| Lenguaje: | Inglés |
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International Food Policy Research Institute
2024
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| Acceso en línea: | https://hdl.handle.net/10568/140444 |
| _version_ | 1855522480343482368 |
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| author | Minot, Nicholas Vos, Rob Kim, Soonho Park, Beyeong Zaki, Sediqa Mamboundou, Pierre |
| author_browse | Kim, Soonho Mamboundou, Pierre Minot, Nicholas Park, Beyeong Vos, Rob Zaki, Sediqa |
| author_facet | Minot, Nicholas Vos, Rob Kim, Soonho Park, Beyeong Zaki, Sediqa Mamboundou, Pierre |
| author_sort | Minot, Nicholas |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Recent spikes in staple food prices resulting from the invasion of Ukraine have once again highlighted the difficulty faced by low-income countries that rely on imports for a substantial portion of their food supply. To better understand which countries are most affected by higher world food prices, we propose a food import vulnerability index (FIVI). One version of the index describes the vulnerability of each country to higher world prices for each of 15 major staple foods. Another version of the FIVI is a national index, aggregating across the 15 commodities. Both are based on three components, the caloric contribution of the commodity(ies) in the national diet, the dependence on imports, and the level of moderate and severe food insecurity in the country. The values of the FIVI are calculated for 2020, the most recent year for which data are available.
The results indicate that countries are most adversely affected by increases in the world price of wheat, rice, and maize, followed by sugar, and vegetable oil. This is because the five commodities listed are both major contributors to the diet in many countries and because countries often depend on imports for a large share of the domestic requirements of these foods. Yemen, Djibouti, and Afghanistan are most vulnerable to increases in world wheat prices, while Liberia, Gambia, and Guinea-Bissau are particularly vulnerable to spikes in rice prices. In the case of maize, Zimbabwe, Lesotho, and Eswatini have the highest vulnerability score. These results should help policymakers and development partners target their efforts to reduce food import vulnerability through policies and programs to strengthen resilience. |
| format | Artículo preliminar |
| id | CGSpace140444 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2024 |
| publishDateRange | 2024 |
| publishDateSort | 2024 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1404442025-11-06T05:56:27Z Assessing the vulnerability of national food security to international food price shocks: A new index Minot, Nicholas Vos, Rob Kim, Soonho Park, Beyeong Zaki, Sediqa Mamboundou, Pierre staple foods food prices Ukraine less favoured areas vulnerability food security imports price volatility Recent spikes in staple food prices resulting from the invasion of Ukraine have once again highlighted the difficulty faced by low-income countries that rely on imports for a substantial portion of their food supply. To better understand which countries are most affected by higher world food prices, we propose a food import vulnerability index (FIVI). One version of the index describes the vulnerability of each country to higher world prices for each of 15 major staple foods. Another version of the FIVI is a national index, aggregating across the 15 commodities. Both are based on three components, the caloric contribution of the commodity(ies) in the national diet, the dependence on imports, and the level of moderate and severe food insecurity in the country. The values of the FIVI are calculated for 2020, the most recent year for which data are available. The results indicate that countries are most adversely affected by increases in the world price of wheat, rice, and maize, followed by sugar, and vegetable oil. This is because the five commodities listed are both major contributors to the diet in many countries and because countries often depend on imports for a large share of the domestic requirements of these foods. Yemen, Djibouti, and Afghanistan are most vulnerable to increases in world wheat prices, while Liberia, Gambia, and Guinea-Bissau are particularly vulnerable to spikes in rice prices. In the case of maize, Zimbabwe, Lesotho, and Eswatini have the highest vulnerability score. These results should help policymakers and development partners target their efforts to reduce food import vulnerability through policies and programs to strengthen resilience. 2024-03-14 2024-03-14T18:57:21Z 2024-03-14T18:57:21Z Working Paper https://hdl.handle.net/10568/140444 en https://doi.org/10.2499/9780896294394_24 https://doi.org/10.2499/9780896294394_33 https://doi.org/10.2499/p15738coll2.136854 https://doi.org/10.2499/p15738coll2.136850 https://doi.org/10.2499/p15738coll2.136855 Open Access application/pdf International Food Policy Research Institute Minot, Nicholas; Vos, Rob; Kim, Soonho; Park, Beyeong; Zaki, Sediqa; and Mamboundou, Pierre. 2024. Assessing the vulnerability of national food security to international food price shocks: A new index. IFPRI Discussion Paper 2243. Washington, DC: International Food Policy Research Institute. https://hdl.handle.net/10568/140444 |
| spellingShingle | staple foods food prices Ukraine less favoured areas vulnerability food security imports price volatility Minot, Nicholas Vos, Rob Kim, Soonho Park, Beyeong Zaki, Sediqa Mamboundou, Pierre Assessing the vulnerability of national food security to international food price shocks: A new index |
| title | Assessing the vulnerability of national food security to international food price shocks: A new index |
| title_full | Assessing the vulnerability of national food security to international food price shocks: A new index |
| title_fullStr | Assessing the vulnerability of national food security to international food price shocks: A new index |
| title_full_unstemmed | Assessing the vulnerability of national food security to international food price shocks: A new index |
| title_short | Assessing the vulnerability of national food security to international food price shocks: A new index |
| title_sort | assessing the vulnerability of national food security to international food price shocks a new index |
| topic | staple foods food prices Ukraine less favoured areas vulnerability food security imports price volatility |
| url | https://hdl.handle.net/10568/140444 |
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