COVID-19 has severely disrupted our lives, jeopardized the well-being of billions of people, and raised the specter of a global food crisis, all in just a few months.
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With a devasting one-two punch, a supply shock followed by a demand shock, the COVID-19 pandemic has knocked out the world economy. The first blow was the Great Lockdown; the second, the worst recession since the Great Depression.
One of the silver linings of any crisis is the innovation it produces. And when it comes to food, COVID-19 is no exception.
IFPRI’s COVID-19 Policy Response Portal: Identifying trends and implications for food systems
Developing countries have employed a wide range of policies to control COVID-19 and relieve economic stress. These responses continue to evolve, and different actions targeting the same problem vary widely in approach and impact.
Since the beginning of the outbreak in late December, food prices have remained stable in Wuhan, in Hubei province — and in fact, all over China.
The coronavirus pandemic has sparked not only a health crisis but also an economic crisis, which together pose a serious threat to food security, particularly in poorer countries.