Columbia International Affairs Online: Policy Briefs

CIAO DATE: 10/2008

The Time is Now: How world leaders should respond to the food price crisis

June 2008

Oxfam Publishing

Abstract

Global food prices are up 83 per cent compared with three years ago. The resulting food price crisis constitutes an unprecedented threat to the livelihoods and well-being of millions of rural and urban households who are net food buyers. Around the world, Oxfam International and many of its partners have seen soaring prices force people to eat less food or less nutritious food and drive poor households to cut back on health care, education, and other necessities. Women and children’s nutritional levels are particularly vulnerable, as women often put men’s consumption before their own.

This briefing note sets out a series of steps, both short- and medium-term, to deal with the current food crisis, and to put in place the reforms required to prevent future repetitions.