WHAT IS THE GLOBAL FOOD CRISIS?
Like a ‘silent tsunami' the global food crisis has caught the world off-guard and left millions of people struggling to survive.
Throughout almost every region of the developing world people are experiencing localised food insecurity, lack of access to food, or shortfalls in production or supplies. According to the World Bank, in the last three years global food prices have increased overall by 83 per cent. In many developing countries the cost of food staples like rice, wheat and corn has more than doubled in the last 12 months.
One sixth of the world's population, nearly one billion people, already live on less than $1 day—the common measure of absolute poverty. Of those, 162 million struggle to survive on less than 50 cents a day. Rising food prices have the greatest effect on those people already struggling with food insecurity who spend 60 per cent or more of their income on food. According to the Director-General of the Food and Agriculture Organisation Jacques Diouf, there are now over 862 million people in the world without adequate access to food.
UPDATE ON THE GLOBAL FOOD CRISIS
Partly due to the global economic downturn, food prices have started to drop slightly after record spikes during 2008. However, it is expected that prices will remain substantially higher than pre-2005 levels and will continue to cause families living in poverty to decrease both the quantity and quality of nutrition.
As global economies begin to recover again, pricing pressures—particularly in developing nations—could even accelerate. Any decrease in food prices will most likely take longer to flow through and make a difference to the poor and will be less substantial than those seen in the markets of developed nations. The current macro-economic environment may be therefore be providing some broad temporary relief, but not a permanent reprieve from food price inflation, particularly for the poor.
Just $14 can help feed a child in Haiti for an entire month.
"We consider that the recent dramatic escalation in food prices worldwide has evolved into an unprecedented challenge of global proportions that has become a crisis for the world's most vulnerable, including the urban poor."
UN World Food Program