The UN-brokered Black Sea Grain Initiative is reintegrating much-needed grains to global markets and contributing to bringing down prices of basic staples across the world. Read More Here
A water catastrophe in China will not only hit domestic agriculture and hydropower production but would also create global shortages of food, goods and industrial materials. Read More Here
For Pakistan, it is a perfect storm. At the end of Pakistan’s fiscal year on June 30, 2022, its trade deficit neared $50 billion, a 57 percent increase over the previous year. Had the Shehbaz Sharif government not banned the import of more than 800 non-essential luxury items in May 2022, the figure might have […]
Russia’s blockade of Ukraine’s Black Sea ports is strangling the country’s economy and also threatening to spark a global food security crisis by preventing Ukrainian agricultural exports from reaching international markets. Unless this issue is addressed, it will cause famine around the world in the coming months. Read More Here
A more resilient, sustainable, and equitable food system must be a pillar of any climate mitigation or adaptation agenda. But the barriers to building one should not be underestimated, especially for countries and regions where soil is poor, land has little agricultural value, and other natural resources, such as water, are limited or degraded. Read More […]
Africa is no stranger to food riots and the resulting political unrest. Experts have linked the Arab Spring, the series of upheavals in North Africa and the Middle East that led to regime change or protests in Libya, Yemen, Syria, and Tunisia, to food riots triggered by increased food prices in 2008, particularly grain. In […]
Economies around the world have accumulated layer upon layer of legacies from past shocks since the global financial crisis. Extraordinary fiscal actions in response to the pandemic led to a surge in fiscal deficits and public debt in 2020. Read More Here
The global agricultural system as it exists today is a manifestation of 100 years of geopolitical competition. The world produces enough food to feed everyone, but hunger is rising, people are getting fatter, and we waste 40% of the food we produce. The future of the world will be determined by changes happening in global […]
However the conflict in Eastern Europe unfolds, it seems clear that countries will have to give national security a far more prominent position in their development agendas. This means not only increasing defense spending, but also diversifying energy and food sources – and preparing for global economic fragmentation. Read More Here
An UNCTAD rapid assessment of the war in Ukraine’s impact on trade and development confirms a rapidly worsening outlook for the world economy, underpinned by rising food, fuel and fertilizer prices. The report also shows heightened financial volatility, sustainable development divestment, complex global supply chain reconfigurations and mounting trade costs. Read More Here
looking beyond borders 