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When Policy Responses Make Things Worse: The Case of Export Restrictions for Agricultural Products
When the global prices of staple commodities surge, some governments react immediately by imposing trade-restricting measures in order to insulate domestic prices from rising world prices. During the global food price crisis of 2007–2008, such behavior was observed among many governments, particularly in net food-exporting countries, in response to the impending food security shock. As many as 16 countries imposed some form of export restriction, such as a ban or export tax, on commodities including rice, wheat, maize, other grains, and vegetable oils.
Food Prices Continue Decline in May, But Concerns about Inflation Remain Strong
The FAO Food Price Index declined by 2.6 percent in May. Compared to May 2022 levels, the Index is 22.1 percent below its all-time high.
FAO Status of Women in Agrifood Systems report: Reflecting on a decade of measuring progress in women’s empowerment
I was recently in Rome attending the April 13 launch of the U.N. Food and Agriculture Organization’s 2023 report The Status of Women in Agrifood Systems. I’ve been privileged to work with FAO colleagues as an external expert on two flagship reports on gender: The State of Food and Agriculture 2010-2011—Women in Agriculture: Closing the Gender Gap for Development and now this one, together with colleagues from the CGIAR GENDER Impact Platform.
Food price inflation continues putting people’s food security at risk
FAO’s Food Price Index edged up slightly in April 2023, the first increase following 12 consecutive months of decline. The increase in this index for internationally traded food commodities was caused by a sharp rise in sugar prices and a moderate rise in meat prices. International prices for cereals, dairy and vegetable oils continued their prolonged decline after peaking in March 2022. Among cereals, only rice prices were up, but this rise was outweighed by further declines in the prices for wheat and maize.
Six lessons learned from a year of multiple crises: Beyond the Russian invasion of Ukraine
As 2022 came to a close, we attended the GIZ conference “A Year of Multiple Crises: Reflecting the impacts, policy responses and outlook for food security and agriculture in sub-Saharan Africa.” During the event, experts examined the global policy implications of the Russia-Ukraine war regarding food, fuel, and fertilizer, as well as the conflict’s global market disruptions and its particular impacts on African economies.