Food and financial crises: Implications for agriculture and the poor

High food prices from 2007 through mid-2008 had serious implications for food and nutrition security, macroeconomic stability, and political security. The unfolding global financial crisis and economic slowdown have now pushed food prices to lower levels. Yet the financial crunch has also decreased...

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Autor principal: von Braun, Joachim
Formato: Informe técnico
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2008
Materias:
Acceso en línea:https://hdl.handle.net/10568/161549
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author von Braun, Joachim
author_browse von Braun, Joachim
author_facet von Braun, Joachim
author_sort von Braun, Joachim
collection Repository of Agricultural Research Outputs (CGSpace)
description High food prices from 2007 through mid-2008 had serious implications for food and nutrition security, macroeconomic stability, and political security. The unfolding global financial crisis and economic slowdown have now pushed food prices to lower levels. Yet the financial crunch has also decreased the availability of capital at a time when accelerated investment in agriculture is urgently needed. The food and financial crises will have strong and long-lasting effects on emerging economies and poor people. A synchronized response is needed to ease the burden on the poor and allow agriculture to face new challenges and respond to new opportunities. Three sets of complementary policy actions should be taken: (1) promote pro-poor agricultural growth, (2) reduce market volatility, and (3) expand social protection and child nutrition action. Agriculture requires strategic investment action, and the food-insecure poor need a bailout now.
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spelling CGSpace1615492025-11-06T07:25:38Z Food and financial crises: Implications for agriculture and the poor von Braun, Joachim food security nutrition security economic growth agricultural growth food prices social protection economic shock High food prices from 2007 through mid-2008 had serious implications for food and nutrition security, macroeconomic stability, and political security. The unfolding global financial crisis and economic slowdown have now pushed food prices to lower levels. Yet the financial crunch has also decreased the availability of capital at a time when accelerated investment in agriculture is urgently needed. The food and financial crises will have strong and long-lasting effects on emerging economies and poor people. A synchronized response is needed to ease the burden on the poor and allow agriculture to face new challenges and respond to new opportunities. Three sets of complementary policy actions should be taken: (1) promote pro-poor agricultural growth, (2) reduce market volatility, and (3) expand social protection and child nutrition action. Agriculture requires strategic investment action, and the food-insecure poor need a bailout now. 2008 2024-11-21T09:56:26Z 2024-11-21T09:56:26Z Report https://hdl.handle.net/10568/161549 en Open Access application/pdf International Food Policy Research Institute von Braun, Joachim. 2008. Food and financial crises. Food Policy Report 20. Washington, DC: International Food Policy Research Institution https://doi.org/10.2499/0896295346.
spellingShingle food security
nutrition security
economic growth
agricultural growth
food prices
social protection
economic shock
von Braun, Joachim
Food and financial crises: Implications for agriculture and the poor
title Food and financial crises: Implications for agriculture and the poor
title_full Food and financial crises: Implications for agriculture and the poor
title_fullStr Food and financial crises: Implications for agriculture and the poor
title_full_unstemmed Food and financial crises: Implications for agriculture and the poor
title_short Food and financial crises: Implications for agriculture and the poor
title_sort food and financial crises implications for agriculture and the poor
topic food security
nutrition security
economic growth
agricultural growth
food prices
social protection
economic shock
url https://hdl.handle.net/10568/161549
work_keys_str_mv AT vonbraunjoachim foodandfinancialcrisesimplicationsforagricultureandthepoor