Rising food prices: a global crisis.

Abstract

This paper examines the causes of rising food prices, expected trends, the likely impact, and possible policy responses. Key points are that: food prices have been rising since 2000, spiked in early 2008, and may remain high for another ten years; prompt action is needed to protect the poorest and support low-income countries faced by surging import bills; in the medium term, economic and agricultural growth can offset the damage, but this will require more determined efforts to boost food production.

Citation

ODI Briefing Paper no.37, London, UK, 4 pp.

Rising food prices: a global crisis.

Published 1 January 2008