sameeksha Current Issue : VOL 45 No. 10 March 06 - March 12, 2010    See Full Contents>>
     Article Details
    The Global Food Crisis: Causes, Severity and Outlook   (28th June 2008)
     Ramesh Chand
          This paper discusses the various factors that have been identified as responsible for the current global crisis in the availability of food and for the rise in prices of cereals. It argues that the crisis is different from the ones in the 1960s and 1970s in that there is now likely to be a permanent upward shift in real prices. It is important that developing countries place renewed emphasis on self-sufficiency to ensure food security, since they are unlikely to be able to afford expensive food imports.


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