One factor not mentioned here is the fact that low global food prices are one of the factors keeping many developing nations in poverty. Many of them depend upon agricultural exports in order to buy other goods that can improve their health, productivity, and lives in general.
The superficial principle of “high food prices = fewer people able to buy food = starvation” doesn’t seem to be as clear in practice as it appears in a paragraph of text. There is a good argument that much of the starvation and malnutrition in the world is not in spite of low global food prices, but partly because of them.
One factor not mentioned here is the fact that low global food prices are one of the factors keeping many developing nations in poverty. Many of them depend upon agricultural exports in order to buy other goods that can improve their health, productivity, and lives in general.
The superficial principle of “high food prices = fewer people able to buy food = starvation” doesn’t seem to be as clear in practice as it appears in a paragraph of text. There is a good argument that much of the starvation and malnutrition in the world is not in spite of low global food prices, but partly because of them.