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Poverty

Are Higher Food Prices Really Bad for the Poor?

Francisco Ferreira's picture

Older readers may still remember the Prebisch-Singer thesis: the proposition that developing countries suffered from a "secular" deterioration in their terms of trade vis-à-vis industrial countries, because commodity prices tended to exhibit a long-run decline relative to those of manufactures…. The argument implied that poor countries, and the poor farmers that constituted the bulk of their population, were victims of sustained declines in the price of food, and other primary commodities, of which they were net producers.

Is climate change to blame for high food prices?

John Nash's picture


If you were to throw out the question of what, if any, is the connection between climate change and the current food crisis, I suspect that many people would answer instinctively that global warming is at least partially responsible for the spiraling food prices.  Why? Because –they would argue- it caused the various extreme weather events that disrupted production in major producing regions from Eastern Europe and Central Asia to Australia to Latin America’s  Southern Cone. 

Is the hypothesis of that connection valid?  Well, no and yes.  ‘No’, in the sense that we really can’t attribute specific climatic events to global warming. After all, even without climate change, extreme events happen:  a once-in-a-hundred-year event happens once in a hundred years (duh!).

Does Latin America have the Recipe to End the Food Crisis?

Carlos Molina's picture


In the current food price debate, there's plenty that Latin America can bring to the table.

A newly released World Bank report highlights the region's potential to help solve the food crisis given its huge natural resources -land, water- and agricultural expertise.

On global issues, Latin America is now part of the solution

Sergio Jellinek's picture


When it comes to solving global issues, Latin America is now on the side of those regions that are part of the solution and not of the problem.

This time around the region is not at the center –but rather at the receiving end- of the various crises that have visited us recently, including the global financial crisis, climate change, or the current food and fuel crises.

Wanted: a new strategy to fight crime in Latin America

Maninder Gill's picture

What strikes me most as we engage further in citizen security issues in Latin America and the Caribbean is the level of interconnectivity that can be found at every possible level.

To begin with, of course, are the criminals themselves. Crucial to the success of organized criminal organizations is their ability to transcend borders and effectively integrate the very diverse and harmful facets of their enterprise. We also know how much the different forms of crime – drug traffickers, gun traffickers, youth gangs -- feed off one another. This is especially salient in Central America and Mexico, two of our team's priorities.

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