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Food prices rose very quickly between June 2010 and February 2011, pushing an additional 44 million people into poverty. Although they've stabilized a bit since then, corn and wheat, which are central to the diets of poor people in developing countries, still cost almost what they did in the 2008 food price crisis. For the world's poor - most of them smallholder farmers - who spend on average 60 to 80% of their incomes on food - high food prices spell mounting poverty and greater hardships. To understand the causes of high food prices and take away lessons that will help prevent a future crisis, ONE will continue to update members with news, analysis, and what you can do about it. We hope you will follow along and learn with us!
A closer look at the importance of agriculture, addressing food price volatility and what the G8 and G20 need to do. MORE
How to make a Molotov cocktail...1 oz. rising oil and metal prices1 oz. predicted 5.5 percent growth 2 oz. climbing food prices 1 oz. increasing number of people pushed into povertyDash of political instability and slowed progress On Sunday in the Financial Times, Donald Kaberuka, head of the ... More
As prices rise and the ranks of the hungry continue to grow, it is only natural that those with empty stomachs start pointing fingers. Who is to blame?Of course, there’s nothing we can do about the weather, which has caused crop failures from Argentina to Zimbabwe. Nor can ... More
Tom Arnold, CEO of Concern Worldwide, urges stakeholders to work together on the global food crisis -- or suffer the consequences. Last Friday, as part of the Spring Meetings of the World Bank and IMF in Washington, D.C., — I was a panelist in a groundbreaking global conversation, the Open Forum ... More
To prevent high food prices from going higher, experts from the World Bank to the US Department of Agriculture (located only a few blocks away from one another), continue to chant the mantra “free trade policy will solve high prices.” The benefit of refraining from export bans seems to make ... More
While much of sub-Saharan Africa seemed to be coping well during the first months of the food crisis in 2010, some countries in East Africa have suffered more recently from poor rains and seen prices rise since the turn of the year. Prices for maize rose over the past three ... More
Everyone, welcome Sayo Ayodele to the blog. She is the ONE UK's new policy intern! How can one win during a global food crisis? Gamble on global hunger. That’s what financial speculators did in 2008. While food riots raged on across some countries in the developing world, some ... More