Five Steps to Prevent a Repeat of the 2007–08 Food Crisis (Presentation)
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Five Steps to Prevent a Repeat of the 2007–08 Food Crisis (Presentation)

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Shenggan Fan, Director General of the International Food Policy Research Institute (IFPRI) outlines five strategic measures that will help prevent a rapid surge in agricultural commodity prices. [5 ...

Shenggan Fan, Director General of the International Food Policy Research Institute (IFPRI) outlines five strategic measures that will help prevent a rapid surge in agricultural commodity prices. [5 slides]

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Five Steps to Prevent a Repeat of the 2007–08 Food Crisis (Presentation) Presentation Transcript

  • 1. FIVE STEPS TO PREVENT A REPEAT OF THE 2007-08 FOOD CRISIS Countries with large grain stocks should release some of their reserves to calm domestic and global prices
  • 2. FIVE STEPS TO PREVENT A REPEAT OF THE 2007-08 FOOD CRISIS Effective social safety nets are needed to protect the most vulnerable groups, including women and children
  • 3. FIVE STEPS TO PREVENT A REPEAT OF THE 2007-08 FOOD CRISIS Smallholder productivity enhancing mechanisms are needed to sustainably reduce hunger and poverty
  • 4. FIVE STEPS TO PREVENT A REPEAT OF THE 2007-08 FOOD CRISIS An international working group comprised of key institutions should come together to regularly monitor food production, stocks, prices and policies
  • 5. FIVE STEPS TO PREVENT A REPEAT OF THE 2007-08 FOOD CRISIS New institutional arrangements should be created to decrease price volatility, including a global physical grain reserve and regional reserves for specific commodities