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Foreign Assistance and the Food Crisis of 2007-08

Philip Abbott

No wp-2012-019, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Dramatically increased international agricultural commodity prices from 2007 to mid-2008 brought food inflation and greater incidence of poverty and malnutrition to developing countries. Higher food prices in 2011 threaten to repeat that crisis. The international community responded strongly to these concerns in 2008 and 2009, promising greater financial support for food aid, safety nets, and agricultural development.

Keywords: Agriculture; Economic assistance and foreign aid; Food security; International relations; Prices (search for similar items in EconPapers)
Date: 2012
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