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Showing posts with the label Global Food Inflation and Food Crisis: Causes and Consequences

Global Food Inflation and Food Crisis: Causes and Consequences

The Looming Global Food Crisis: Understanding the Reasons and Ways to Resolve Introduction Food is a basic need for every living creature including human being. The world is witnessing an increasing trend of food crisis. It's a crisis that puts millions of people, particularly those who are already in vulnerable conditions in great and long-lasting trouble. In this real-time blog post, we will explore the reasons behind this crisis and the possible ways of improvement. It is essential to view this issue from a humanitarian perspective to assess the full extent of its consequences and initiatives towards solutions that can help minimizing the suffering. Past performance suggests slowing growth in agricultural productivity may lead to higher prices in global commodity markets. Higher food prices are especially costly to low-income households, who already spend a large share of their income on food. Historical improvement in agricultural productivity led to declines in inflation