From bad to worse: How Russia-Ukraine war-related export restrictions exacerbate global food insecurity
In: In The Russia-Ukraine Conflict and Global Food Security, eds. Joseph Glauber and David Laborde. Section Three: Trade policy responses and mitigation options, Chapter 18, Pp. 92-96; (2023) S. 92-96
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IFPRI4; Food Security Portal
Markets, Trade, and Institutions (MTI); Food and Nutrition Policy
Global turmoil and supply shocks can increase a country’s vulnerability to food shortages. In the past, countries have often resorted to restrictive trade policies to address food supply disruptions. The Ukraine-Russia crisis is no exception; a number of countries have imposed export restrictions in various forms. With food prices already high due to COVID-19-related supply chain disruptions and drought-reduced yields in 2021, Russia’s invasion came at a bad time for global food markets. Russia and Ukraine alone account for 12% of total calories traded. As the war continues, there is a growing likelihood that food shortages, particularly of grains and vegetable oils, will become acute, leading more countries to turn to restrictions on trade.
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From bad to worse: How Russia-Ukraine war-related export restrictions exacerbate global food insecurity
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Quelle: | In The Russia-Ukraine Conflict and Global Food Security, eds. Joseph Glauber and David Laborde. Section Three: Trade policy responses and mitigation options, Chapter 18, Pp. 92-96; (2023) S. 92-96 |
Veröffentlichung: | 2023 |
Medientyp: | Elektronische Ressource |
Umfang: | 5 pages<br />907527 Bytes |
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