Coherent action is needed to help vulnerable populations cope with the hikes in their food bills, to assist farmers in developing countries respond to the opportunity posed by rising demand for their products, and to provide information for evidence-based related macro-economic policies. Since the implications of high and volatile food prices are radically different across countries and population groups, the appropriate policy responses, as well as their scale, prioritization, and sequencing, must be developed and adapted to country-specific needs and conditions. With innovative, risk-coping food policy analysis tools such as the Excessive Food Price Variability Early Warning System and the Food Security Portal, IFPRI provides stakeholders with international, regional, and country-level data, news, and evidence-based research to help them create macroeconomic food policies in their respective countries. IFPRI’s work on price volatility and its transmission from international to local markets is continuously incorporated into analysis at global policy conferences and utilized by international networks such as the Agricultural Market Information Systems and the Food Security and Nutrition Indicators Network.
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