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DocumentThe 2007-08 Rice Price Crisis
How policies drove up prices... and how they can help stabilise the market
2011After increasing slowly and steadily from historic lows, world rice prices tripled in just six months during 2007-08. The price surge caused much anxiety because so many of the world’s poor are rice consumers. And it caught many by surprise as market fundamentals were sound. Indeed, it was government policies, rather than changes in the production and consumption of rice, that drove the surge. This suggests that improved government policies can help avert such crises in the future. -
BookletAddressing food security challenges faced by Near East and North Africa region due to the Ukraine crisis
Regional overview
2022Also available in:
No results found.The Russian Federation and Ukraine are among the most important producers of agricultural commodities in the world. Both countries are net exporters of agricultural products, and they both play leading supply roles in global markets of foodstuffs and fertilizers, where exportable supplies are often concentrated in a handful of countries. This concentration could expose these markets to increased vulnerability to shocks and volatility. Many countries of the NENA region are heavily dependent on imported foodstuff and fertilizers from Russia and Ukraine; and thus, the current conflict puts the region at risk of shortening of food supply from Russia and Ukraine as well as raising food prices as a result of the disturbances in post-COVID-19. -
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