Political and media attention has rightly been focused on recent increases in food and energy prices and their impacts on consumers and national economies, particularly poor consumers and poor economies but much greater increases in fertiliser prices have received much less attention in industrialised economies. The impacts of these fertiliser price increases on many countries in Africa, however, are potentially very damaging in their effects on food security, poverty, and long term economic growth. In the many African countries that are heavily dependent on agriculture the impacts of high fertiliser prices and scarcity will extend beyond farmers to affect consumers, export earnings from cash crops, exchange rates, and the whole economy.
Future Agricultures Policy Brief 025, June 2008, 8 pp.
Policy Brief No. 25. The Global Fertiliser Crisis and Africa