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Chile Solidario

Latin America's poor not protected enough against rising food prices

Margaret Grosh's picture

Latin America's poor not protected enough against rising food prices

As the threat of a new global crisis eats away the world’s expectations of a prompt economic recovery, our eyes are again focused on rising food prices and their potential impact on Latin America and the Caribbean’s own recovery.

Now, you may argue that the region is well equipped to weather another meltdown, and that the region’s poor are shielded from the impacts of such developments. After all, Latin America has been praised worldwide for its safety nets, right?