Russia Ukraine War And The Global Crisis Impacts On Poverty And Food Security In Developing Countries

Author : Arndt, Channing
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 15 pages
Book Rating : 4./5 ( download)

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Download or read book Russia-Ukraine war and the global crisis: Impacts on poverty and food security in developing countries written by Arndt, Channing and published by Intl Food Policy Res Inst. This book was released on 2022-09-27 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global food, fuel, and fertilizer prices have risen rapidly in recent months, driven in large part by the fallout from the ongoing war in Ukraine and the sanctions imposed on Russia. Other factors, such as export bans in response to concerns about commodity shortages, have also contributed to rising prices. Figure 1 examines price changes in key food and nonfood commodities between June 2021 and June 2022. The period of interest for this study is June 2021 to April 2022. Over this period, palm oil and wheat prices increased by 68 and 113 percent in nominal terms, respectively. When deflated by the US Consumer Price Index, these price changes equate to 56 and 100 percent in real terms. Wide variation exists across food products, with nominal maize prices increasing by 19 per-cent (or 11 percent in real terms), and rice prices declining by 13 percent (or 7 percent in real terms) over the same period. Prices of nonfood commodities also rose substantially. Whereas crude oil prices rose 44 percent (or 34 percent in real terms), natural gas and fertilizer prices both doubled (or 88 and 101 percent in real terms, respectively). As shown in the breakdown in the bar chart, most of the price growth occurred after the start of the war in Ukraine, except for fertilizer.

Author : Channing Arndt
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.51/5 ( download)

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Download or read book Russia-Ukraine War and the Global Crisis: Impacts on Poverty and Food Security in Developing Countries written by Channing Arndt and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Diao, Xinshen
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 11 pages
Book Rating : 4./5 ( download)

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Download or read book Bangladesh: Impacts of the Ukraine and global crises on poverty and food security written by Diao, Xinshen and published by Intl Food Policy Res Inst. This book was released on 2022-06-23 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global food, fuel, and fertilizer prices have risen rapidly in recent months, driven in large part by the fallout from the ongoing war in Ukraine and the sanctions imposed on Russia. Other factors, such as export bans, have also contributed to rising prices. Palm oil and wheat prices increased by 56 and 100 percent in real terms, respectively, between June 2021 and April 2022, with most of the in-crease occurring since February (Figure 1). Wide variation exists across products, with real maize prices increasing by only 11 percent and rice prices declining by 13 percent. The price of crude oil and natural gas has also risen substantially, while the weighted average price of fertilizer has dou-bled. With these changes in global prices, many developing countries and their development part-ners are concerned about the implications for economic stability, food security, and poverty.

Author : Diao, Xinshen
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 10 pages
Book Rating : 4./5 ( download)

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Download or read book Niger: Impacts of the Ukraine and Global Crises on Poverty and Food Security written by Diao, Xinshen and published by Intl Food Policy Res Inst. This book was released on 2022-06-24 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global food, fuel, and fertilizer prices have risen rapidly in recent months, driven in large part by the fallout from the ongoing war in Ukraine and the sanctions imposed on Russia. Other factors, such as export bans, have also contributed to rising prices. Palm oil and wheat prices increased by 56 and 100 percent in real terms, respectively, between June 2021 and April 2022, with most of the in-crease occurring since February (Figure 1). Wide variation exists across products, with real maize prices increasing by only 11 percent and rice prices declining by 13 percent. The price of crude oil and natural gas has also risen substantially, while the weighted average price of fertilizer has dou-bled. With these changes in global prices, many developing countries and their development part-ners are concerned about the implications for economic stability, food security, and poverty.

Author : Thibbotuwawa, Manoj
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 9 pages
Book Rating : 4./5 ( download)

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Download or read book The Ukraine war and its food security implications in Sri Lanka written by Thibbotuwawa, Manoj and published by Intl Food Policy Res Inst. This book was released on 2023-02-14 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Ukraine War has had major implications for food security and food systems across the world given the important role both Russia and Ukraine play in global food, fertilizer, and energy markets. Russia and Ukraine together supply about 12% of global agricultural exports on a caloric basis and over 30% of global wheat exports.1 Fertilizer and energy markets experienced rising prices and supply disruptions as well. The Russia-Ukraine conflict heavily impacted food security in Sri Lanka which is dependent on imports from the Caspian region. The impact of this shock has been compounded for Sri Lanka which has been suffering from a severe economic crisis due to a lack of foreign reserves, a debt default, high inflation, import restrictions, and shortages of critical goods and services. These compound crises have halted Sri Lanka’s progress on economic development and its achievement of the SDGs. Progress had been significant with the share of undernourished population declining from 16.7% in 2001 to 3.4% in 2020.2 During the same period the prevalence of stunting declined from 20.6% to 16%.3 The prevalence of wasting among children under age five declined from 15.9% in 2000 to 15.1% in 2016. Sri Lanka was ranked 65th out of 116 countries on the Global Hunger Index and 77th out of 113 countries on the Global Food Security Index in 2022 suggesting the need for some improvements in the food system. The latest food security assessment by the World Food Program (WFP) notes that about 30% of the population of 22 million (6.26 Mn people) are food insecure.4 Further, most households are regularly employing food-based coping strategies such as eating less preferred and less nutritious food and reducing the amount of food they eat. Further, an estimated 200,000 households are using emergency livelihood coping strategies that are likely to severely impact their income-generating activities and it is anticipated that more people are turning to these coping strategies as the crisis deepens. Against this backdrop, this policy brief explores the impacts of the evolving crisis in Ukraine on the nexus of poverty, agriculture, and food security in Sri Lanka and the possible avenues for mitigating the negative implica-tions of export restrictions, rising import costs, and inflation.

Author : Breisinger, Clemens
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : pages
Book Rating : 4./5 ( download)

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Download or read book Kenya: Impacts of the Ukraine and global crises on poverty and food security written by Breisinger, Clemens and published by Intl Food Policy Res Inst. This book was released on 2022-06-17 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Global food, fuel, and fertilizer prices have risen rapidly in recent months, driven in large part by the fallout from the ongoing war in Ukraine and the sanctions imposed on Russia. Other factors, such as export bans, have also contributed to rising prices. Palm oil and wheat prices increased by 56 and 100 percent in real terms, respectively, between June 2021 and April 2022, with most of the increase occurring since February. There is wide variation across products, with real maize prices increasing by only 11 percent, and rice prices declining by 13 percent. The price of crude oil and natural gas has also risen substantially, and the weighted average price of fertilizer has doubled. With these changes in global prices, many developing countries and their development partners are concerned about the implications for economic stability, food security, and poverty.

Author : Diao, Xinshen
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 11 pages
Book Rating : 4./5 ( download)

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Download or read book Mali: Impacts of the Ukraine and Global Crises on Poverty and Food Security written by Diao, Xinshen and published by Intl Food Policy Res Inst. This book was released on 2022-06-24 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global food, fuel, and fertilizer prices have risen rapidly in recent months, driven in large part by the fallout from the ongoing war in Ukraine and the sanctions imposed on Russia. Other factors, such as export bans, have also contributed to rising prices. Palm oil and wheat prices increased by 56 and 100 percent in real terms, respectively, between June 2021 and April 2022, with most of the increase occurring since February (Figure 1). Wide variation exists across products, with real maize prices increasing by only 11 percent and rice prices declining by 13 percent. The price of crude oil and natural gas has also risen substantially, while the weighted average price of fertilizer has dou-bled. With these changes in global prices, many developing countries and their development part-ners are concerned about the implications for economic stability, food security, and poverty.

Author : Diao, Xinshen
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 11 pages
Book Rating : 4./5 ( download)

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Download or read book Ethiopia: Impacts of the Ukraine and global crises on poverty and food security written by Diao, Xinshen and published by Intl Food Policy Res Inst. This book was released on 2022-06-22 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global food, fuel, and fertilizer prices have risen rapidly in recent months, driven in large part by the fallout from the ongoing war in Ukraine and the sanctions imposed on Russia. Other factors, such as export bans, have also contributed to rising prices. Palm oil and wheat prices increased by 56 and 100 percent in real terms, respectively, between June 2021 and April 2022, with most of the in-crease occurring since February (Figure 1). Wide variation exists across products, with real maize prices increasing by only 11 percent and rice prices declining by 13 percent. The price of crude oil and natural gas has also risen substantially, while the weighted average price of fertilizer has dou-bled. With these changes in global prices, many developing countries and their development part-ners are concerned about the implications for economic stability, food security, and poverty.

Author : Andam, Kwaw S.
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 12 pages
Book Rating : 4./5 ( download)

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Download or read book Nigeria: Impacts of the Ukraine and global crises on poverty and food security written by Andam, Kwaw S. and published by Intl Food Policy Res Inst. This book was released on 2022-06-23 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global food, fuel, and fertilizer prices have risen rapidly in recent months, driven in large part by the fallout from the ongoing war in Ukraine and the sanctions imposed on Russia. Other factors, such as export bans, have also contributed to rising prices. Palm oil and wheat prices increased by 56 and 100 percent in real terms, respectively, between June 2021 and April 2022, with most of the in-crease occurring since February (Figure 1). Wide variation exists across products, with real maize prices increasing by only 11 percent and rice prices declining by 13 percent. The price of crude oil and natural gas has also risen substantially, while the weighted average price of fertilizer has dou-bled. With these changes in global prices, many developing countries and their development part-ners are concerned about the implications for economic stability, food security, and poverty.

Author : Diao, Xinshen
Publisher : Intl Food Policy Res Inst
ISBN 13 :
Total Pages : 11 pages
Book Rating : 4./5 ( download)

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Download or read book Myanmar: Impacts of the Ukraine and global crises on poverty and food security written by Diao, Xinshen and published by Intl Food Policy Res Inst. This book was released on 2022-06-29 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global food, fuel, and fertilizer prices have risen rapidly in recent months, driven in large part by the fallout from the ongoing war in Ukraine and the sanctions imposed on Russia. Other factors, such as export bans, have also contributed to rising prices. Palm oil and wheat prices increased by 56 and 100 percent in real terms, respectively, between June 2021 and April 2022, with most of the in-crease occurring since February (Figure 1).