Asian Journal of Research in Business Economics and Management
Year : 2013, Volume : 3, Issue : 9
First page : ( 205) Last page : ( 217)
Online ISSN : 2249-7307.

The Global Food Crises

Dr. Sundaram A.

Associate Professor, Dept. of Economics, Govt Saiha College, Mizoram Central University, Saiha, Mizoram, North East India

Online published on 5 September, 2013.

Abstract

The main aim of this paper is to examine the Global food crises due to the Global financial and eocnomic crisis. This study analyses data from the year 2000 to 2011 in order to find out the Global food crisis. In this analysis various secondary sources have been used. It analyses the impacts, shortcomings, challenges, and policy reform measures of the Global food crisis. Urgent action needed to minimize the social and economic impacts of international food price volatility on the poor and other vulnerable groups, food needs to be available where it is needed most. While the emergence of global food supply chains has weakened the commitment to national or local food security, poor countries need to focus on producing their own food and not become overly dependent on international markets. Therefore, the international community should assist poor countries in developing their agricultural sectors to prevent food and nutrition scarcity in an age of plenty. It is important that global food security remain an international priority in terms of global policy attention and resource allocation. Therefore, the billions of dollars pledged by international donors to improve agricultural production in developing countries need to be actually delivered.

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Keywords

Global Food Crises.

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