The asymmetric socioeconomic effects of global food crisis

PDF
Published: Apr 20, 2024
Updated: 2024-04-20
Versions:
2024-04-20 (2)
DOI: https://doi.org/10.12681/scad.37320
Keywords:
Global Food Crisis, Harmonised Index of Consumer Prices, Income Inequality, War in Ukraine.
Chara Vavoura
University of Athens
Ioannis Vavouras
Panteion University of Social and Political Sciences,Athens, Greece
https://orcid.org/0000-0002-9860-3162
Abstract

The planet is experiencing a food crisis, the
extent of which is unprecedented in the 21st
century. The Covid-19 pandemic and the
Russian invasion of Ukraine, combined with
the extreme weather conditions of recent years,
have been the most important determinants
of this crisis. However, the food crisis has not
affected all households and states equally but
has been more severe for the economically
vulnerable households and lower-income
countries, where food takes up a large share of
their consumption expenditure. The objective
of this paper is to highlight the asymmetric and
consequently redistributive socio-economic
effects of the global food crisis

Article Details
  • Section
  • Articles
Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Authors who publish with this journal agree to the following terms:

  1. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution Non-Commercial License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
  2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g. post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
  3. Authors are permitted and encouraged to post their work online (preferably in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
Downloads
Download data is not yet available.
Author Biographies
Chara Vavoura, University of Athens

Chara Vavoura is Postdoctoral Researcher of Economics at the Department of Economics, University of Athens. She studied Economics at the Athens University of Economics and Business, the
University of Oxford and the University of Nottingham. (Corresponding author: Chara Vavoura,
National and Kapodistrian University of Athens, Gripario Megaro, Sofokleous 1 & Aristidou 11,
Athens, 10559. e-mail: cvavoura@econ.uoa.gr).

Ioannis Vavouras , Panteion University of Social and Political Sciences,Athens, Greece

Ioannis Vavouras is Professor Emeritus of Economic Policy at Panteion University of Social and
Political Sciences. He was elected three times as Head of the Department of Public Administration
of Panteion University and two times as Rector of Panteion University. He has about 160 scientific
publications [24 books (2 of them in English), 114 journal articles, volume chapters and discussion papers (53 of them in English) and 21 articles in Greek periodicals]. Finally, he has more than
50 contributions in conferences, seminars and graduate programs.

References
Artuc, E., Falcone, G., Port, G. & Rijkers, B. (2022). War-induced food price inflation imperils
the poor in Global Economic Consequences of the War in Ukraine: Sanctions, Supply
Chains and Sustainability, Garicano, L., Rohner, D. & Weber di Mauro, B. (eds.), Centre for
Economic Policy Research (CEPR), London, chap. 24, 155162, April.
Celi, G., Guarascio, D., Reljic, J., Simonazzi, A. & Zerra F. (2022). The asymmetric impact of war.
Resilience, vulnerability and implications for EU policy, Intereconomics, 57(3), 141-147.
Compton, J., Wiggins, S. & Keats, S. (2010). Impact of the global food crisis on the poor: what
is the evidence?, Overseas Development Institute, London.
(EIB) European Investment Bank (2022). How Bad is the Ukraine War for the European
Recovery?, Luxembourg.
Eurostat (2022). Harmonized Index of Consumer Prices (HICP), Monthly data (annual rate of
change) [PRC_HICP_custom_3540999], update 30/09/2022.
Headey, D.D. (2018). Food prices and poverty, The World bank Economic Review, 32(3),676-
Ivanic, M. & Martin, W. (2014). Short- and long-run impacts of food price changes on poverty,
Policy Research Working Paper 7011, World Bank, Washington, DC.
Global Network Against Food Crises (2022). 2022 Global Report on Food Crises: Joint Analysis
for Better Decisions, Food Security Information Network (FSIN).
McGuirk, E. & Burke, M. (2022). War in Ukraine, world food prices, and conflict in Africa, in
Global Economic Consequences of the War in Ukraine: Sanctions, Supply Chains and
Sustainability, Garicano, L., Rohner, D. & Weber di Mauro, B. (eds.), Centre for Economic
Policy Research (CEPR), London, chap. 21, 133-138, May.
Polaski, S. (2008). Rising food prices, poverty, and the Doha Round, Carnegie Endowment for
International Peace, Policy Oulook, May.
Ravallion, M. (1990). Rural welfare effects of food price changes under induced wage responses:
Theory and evidence for Bangladesh, Oxford Economic Papers, 42, 574-585.
(UN) United Nations (2022). Global Impact of the War in Ukraine: Billions of People Face the
Greatest Cost-of-Living Crisis in a Generation, UN Global Crisis Response Group on Food,
Energy and Finance, June
(UN) United Nations (2022). Global Impact of the War in Ukraine: Billions of People Face the
Greatest Cost-of-Living Crisis in a Generation, UN Global Crisis Response Group on Food,
Energy and Finance, June.
World Bank (2022). Global Economic Prospects, June.
(WTO) World Trade Organization (2022). The Crisis in Ukraine: Implications of the war for
global trade and development, Geneva.
(WTO) World Trade Organization (2021). WTO Stats Dashboard, Total merchandise trade,
Exports, Imports, 2021.
Zezza, A., Davis, B., Azzarri, C., Covarrubias, K., Tasciotti, L. & Anriquez, G. (2008). The
impact of rising food prices on the poor, ESA Working Paper No. 08-07, FAO, Agricultural
Development Economics Division, August.
Most read articles by the same author(s)