Rising Food Prices: Cause for Concern

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Date

2008

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Abstract

"The current spike in food prices needs prompt reaction through various forms of social protection to avert poverty and hunger. Prices are soon likely to fall somewhat, but not to their previous levels. Higher prices mean problems for three groups: poor households struggling to cope with higher costs of food; governments of low income food-importing countries facing higher import bills and higher energy prices; and agencies such as the World Food Programme (WFP) that use food aid to combat food emergencies."

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agriculture--policy, food supply--policy, world economy, international development

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