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Video Length 25 minutes 00 seconds
Food prices rose sharply in 2021, reaching a one-decade high, according to the United Nations.
As many countries pushed for the reopening of their economies last year, after months of blockades and tight limits, economists began to report a new crisis: rising food costs.
The UN Food Agency said prices had risen by 28 per cent during the year, reaching the same level top level Since 2011.
They eased a bit in December, but had been climbing for four months in a row before.
The rise is attributed to a number of factors, including supply chain barriers and rising raw material and energy costs.
What will it take to lower prices?
Presenter: Kim Vinnell
Guests:
Jane Battersby – Senior Lecturer in the Department of Environmental and Geographical Science at Cape Town University
Abdolreza Abbassian – Senior Economist at the Food and Agriculture Organization of the United Nations
Dipa Sinha – Professor of Economics at Ambedkar University in Delhi
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