Blog Category

COVID-19 Economic Impacts

COVID-19 and rising global food prices: What’s really happening?

Feb 16th, 2022 • by Rob Vos, Joseph Glauber, Manuel Hernandez, and David Laborde

Food prices are skyrocketing around the world. In January, international prices for major food items climbed to a level near the heights of the global food price crises of 2007-08 and 2010-11, according to the FAO Food Price Index (Figure 1). The spike has raised concerns over the potential for another global food crisis, increasing hunger among the poor and, possibly, social unrest around the world.

The Impacts of COVID-19 on Farmers' Income and Food Security In The Globalized Cassava Value Chains In Cambodia and Vietnam

Feb 9th, 2022 • by Vanya Slavchevska, Jonathan Newby, Erik Delaquis, Sophia Braddel

Scientists from the Alliance of Bioversity International and CIAT, led by Vanya Slavchevska, undertook a rapid study to gather evidence on the initial impacts of COVID-19 on cassava smallholders in Cambodia and Vietnam. 
The research evaluates how smallholders coped with the economic consequences of COVID-19 in the short term, and whether livelihood diversification strategies mediated or exacerbated the impacts of the crisis.

The COVID-19 pandemic context

Acute Hunger Continues to Rise Globally: Global Report on Food Crises Mid-Year Update Released

Oct 16th, 2021 • by S. Gustafson

Alarming levels of hunger and food insecurity are on the rise across the globe. According to the September 2021 mid-year update to the 2021 Global Report on Food Crises (GRFC), an estimated 161 million people in 42 countries/territories have faced Crisis-level (IPC/CH Phase 3) food insecurity or higher. This number is up from the estimated 155 million acutely food-insecure people reported by the GRFC for 2020.

Impact of COVID-19 on National Food Systems

Oct 6th, 2021 • by S. Gustafson

The CGIAR COVID-19 Hub has released updated policy notes regarding the impact of the COVID-19 pandemic on global and regional food systems. This latest series of updates covers several FSP priority countries, including Ethiopia, Nigeria, Malawi, and Bangladesh.

Rising food prices are a concern but no reason for panic yet

Jun 18th, 2021 • by Sara Gustafson, Joseph Glauber, Manuel Hernández, David Laborde, Brendan Rice and Rob Vos

Global food prices are on the rise. FAO’s Food Price Index indicates prices in international markets have risen by 40 percent from a year ago (May 2020). Prices of vegetable oils in particular have surged, showing an increase by almost 110 percent over the past year. Other commodity prices, like those for metals, oil, and other minerals prices also have shown sustained increases since mid-2020.

How concerned should we be?