Urgent Action Needed to Prevent Recurring Food Crises
Just three years after the 2007-08 food crisis, the food security of poor people and vulnerable groups, especially women and children, is under threat as the prices of basic food items skyrocket. Expanding biofuel production, rising oil prices, U.S. dollar depreciation, export restrictions, and panic purchasing are again driving up food prices—to the particular detriment of the world’s poorest consumers, who spend some 50-70 percent of their incomes on food.