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2010–2012 world food price crisis: Difference between revisions

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[[File:Brent Spot monthly.svg|323px|thumb|right|[[Brent Crude]] [[price of petroleum|oil]] [[spot price]]s since 1987. A correlation exists between oil prices and the world Food Price Index.]]
[[File:Brent Spot monthly.svg|323px|thumb|right|[[Brent Crude]] [[price of petroleum|oil]] [[spot price]]s since 1987. A correlation exists between oil prices and the world Food Price Index.]]


Following the [[2007–2008 world food price crisis]], prices of food around the world again started to rise in 2010, following a short lull in high prices during 2009. In April 2011, the [[World Bank]] warned that the [[global economy]] was "one shock away" from an impending full-scale food price crisis.<ref>{{cite news|last=Business News|first=BBC|title=World Bank head warns of food price crisis|url=http://www.bbc.co.uk/news/business-13110449|accessdate=20 July 2011|newspaper=British Broadcasting Corporation|date=April 17, 2011}}</ref> The high food prices have contributed to worldwide protests.<ref>{{citation|title=The Food Crises and Political Instability in North Africa and the Middle East|author=Marco Lagi, Karla Z. Bertrand, Yaneer Bar-Yam|date=August 11, 2011|arxiv = 1108.2455}}</ref>
Following the [[2007–2008 world food price crisis]], prices of food around the world again started to rise in 2010, following a short lull in high prices during 2009. In April 2011, the [[World Bank]] warned that the [[global economy]] was "one shock away" from an impending full-scale food price crisis.<ref>{{cite news|last=Business News|first=BBC|title=World Bank head warns of food price crisis|url=http://www.bbc.co.uk/news/business-13110449|accessdate=20 July 2011|newspaper=British Broadcasting Corporation|date=April 17, 2011}}</ref> The high food prices have contributed to worldwide protests.<ref>[[DOI]]
10.1007/s12571-013-0272-x</ref>


==References==
==References==

Revision as of 18:30, 13 August 2013

Brent Crude oil spot prices since 1987. A correlation exists between oil prices and the world Food Price Index.

Following the 2007–2008 world food price crisis, prices of food around the world again started to rise in 2010, following a short lull in high prices during 2009. In April 2011, the World Bank warned that the global economy was "one shock away" from an impending full-scale food price crisis.[1] The high food prices have contributed to worldwide protests.[2]

References

  1. ^ Business News, BBC (April 17, 2011). "World Bank head warns of food price crisis". British Broadcasting Corporation. Retrieved 20 July 2011. {{cite news}}: |last= has generic name (help)
  2. ^ DOI 10.1007/s12571-013-0272-x
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