Food prices and economic crises: causes and consequences for food security in developing countries.

Abstract

This chapter reviews the causes and effects of the food price crisis and the global financial and economic crises, particularly as they affected the food security status of the poor. The origins of the crises are shown to be numerous and complex, as were the consequences for the poor, most of whom are net food buyers and thus for whom the income to purchase food - which, in turn, is critically dependent on employment and wages - is an essential part of the food security equation. The chapter also reviews the impacts of the global economic crisis in terms of the main transmission channels that affected developing countries. It highlights the many different coping strategies used by the poor to deal with food price increases and economic crisis. However, it is concluded that the use of these strategies did not avert severe impacts of the crises on the poor and on rates of poverty and undernourishment, reversing at least temporarily, progress made earlier in the decade in reducing global poverty and hunger. This chapter highlights a number of short- and long-term strategies for mitigating the impacts of future such crises on the poor.

Resilience of Meat Supply Chains during and after COVID-19 Crisis

“…Bolt) -home delivery of food. In response to social tension, existing and new voluntary organizations were also involved in solving the problems caused by COVID-19, and new social initiatives emerged [12][13][14][15].…”