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Food Price Shocks and Instability Highlight Weaknesses in Governance and Markets
›Unrest across the Middle East has been front-page news for weeks, with commentators searching for explanations to account for the shifting political winds. Many, such as Thomas Friedman and Kevin Hall, have drawn connections between food prices and instability. But, as they point out, high food prices do not deterministically lead to unrest. Instead, rising prices highlight the degree to which governments and governance processes provide and ensure sustainable livelihoods for their people. What these and other commentators point to is that recognizing the role of government in providing food and security is vital: high food prices, they argue, don’t directly cause unrest, but high food prices in poorly managed countries creates a dangerous environment in which unrest may be more likely.
Showing posts by Bryan McDonald.