Link: https:\/\/www.haaretz.com\/middle-east-news\/.premium-the-next-middle-east-crisis-will-be-rising-food-prices-1.9737325 <\/p>\n\n\n\n
The UN food and agriculture organizations’ food index\u00a0rose to 118.5 in March, its highest level since 2014 and a 24% increase over the past year. Increases like these can’t be readily absorbed by average citizens trying to make ends meet in developing countries. While there is little consensus about what sparked the wave of demonstrations that shook the Arab world in the first months of 2011, rising food prices were almost definitely one of them. The FAO index increased by 17% in the year leading up to the Arab Spring. So far, governments in the Arab world tend to have mitigated the effect of higher prices by stockpiling products and regulating local prices, which are often subsidized. Leaders have long recognized that hungry people are angry people. However, since the Middle East is so dependent on imported food, the governments’ ability to control the fallout is severely limited. The rises aren’t done yet. According to the World Bank, growth will be about 14% for the rest of the year and even higher in 2022. One explanation is that agriculture uses a lot of resources, and oil prices are rising. Another factor is that the dollar is strengthening after a time of weakness; because most farm goods are priced in dollars, they would be more costly for importers, all other factors being equal.<\/p>\n\n\n\n
Rising food prices can mean higher poverty rates in many third world countries and less developed countries. Because the middle east as many countries that are either in the middle of combat or less developed, it can mean that families under or around the poverty line will be lesser than likely to get access to food other than them growing food themselves. Rising food prices can also mean that it will cost more money to import food so that could lead countries to decide to import less food because of the cost and the factor of rising oil prices too. <\/p>\n\n\n\n
The rising food and oil prices can be related to countries GDP and the amount of supplies in each country. It can also be related to how people decide to control and sell their imported at. <\/p>\n","protected":false},"excerpt":{"rendered":"
Link: https:\/\/www.haaretz.com\/middle-east-news\/.premium-the-next-middle-east-crisis-will-be-rising-food-prices-1.9737325 The UN food and agriculture organizations’ food index\u00a0rose to 118.5 in March, its highest level since 2014 and a 24% increase over the past year. Increases like these can’t be readily absorbed by average citizens trying to make ends meet in developing countries. While there is little consensus about what sparked the wave of demonstrations that shook the… Read more »<\/a><\/p>\n","protected":false},"author":173,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4692","post","type-post","status-publish","format-standard","hentry","category-article"],"_links":{"self":[{"href":"https:\/\/baileyonlineclassroom.com\/middleeastandnorthafricablog\/wp-json\/wp\/v2\/posts\/4692","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/baileyonlineclassroom.com\/middleeastandnorthafricablog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/baileyonlineclassroom.com\/middleeastandnorthafricablog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/baileyonlineclassroom.com\/middleeastandnorthafricablog\/wp-json\/wp\/v2\/users\/173"}],"replies":[{"embeddable":true,"href":"https:\/\/baileyonlineclassroom.com\/middleeastandnorthafricablog\/wp-json\/wp\/v2\/comments?post=4692"}],"version-history":[{"count":1,"href":"https:\/\/baileyonlineclassroom.com\/middleeastandnorthafricablog\/wp-json\/wp\/v2\/posts\/4692\/revisions"}],"predecessor-version":[{"id":4693,"href":"https:\/\/baileyonlineclassroom.com\/middleeastandnorthafricablog\/wp-json\/wp\/v2\/posts\/4692\/revisions\/4693"}],"wp:attachment":[{"href":"https:\/\/baileyonlineclassroom.com\/middleeastandnorthafricablog\/wp-json\/wp\/v2\/media?parent=4692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/baileyonlineclassroom.com\/middleeastandnorthafricablog\/wp-json\/wp\/v2\/categories?post=4692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/baileyonlineclassroom.com\/middleeastandnorthafricablog\/wp-json\/wp\/v2\/tags?post=4692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}