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©2022 International Monetary Fund
Tackling the Global Food Crisis: Impact, Policy Response, and the Role of the IMF
Note/2022/004
Björn Rother, Sebastian Sosa, Daehaeng Kim, Lukas Kohler, Gaëlle Pierre, Naoya Kato, Majdi Debbich, Chiara Castrovillari, Khamza Sharifzoda, and Elizabeth Van Heuvelen (all SPR), Fabiana Machado and Celine Thevenot (FAD), and Pritha Mitra and Dominique Fayad (AFR)*
DISCLAIMER: The IMF Notes Series aims to quickly disseminate succinct IMF analysis on critical economic issues to member countries and the broader policy community. The views expressed in IMF Notes are those of the author(s), although they do not necessarily represent the views of the IMF, or its Executive Board, or its management.
RECOMMENDED CITATION: Björn Rother, Sebastian Sosa, Lukas Kohler, Gaelle Pierre, and others. 2022. “Tackling the Global Food Crisis: Impact, Policy Response, and the Role of the IMF?” IMF Note 2022/004, International Monetary Fund, Washington, DC.
| ISBN | 979-40022-197-2 (Paper) 979-8-40022-218-4 (ePub) 979-8-40022-220-7 (PDF) |
| JEL Classification Numbers: | Q31, Q35, Q38, Q48, H23 |
| Keywords: | Food insecurity; Russia’s war in Ukraine; global inflation; terms of trade shock; international cooperation; open trade; vulnerable households; agricultural production; IMF lending; IMF policy advice; capacity development |
| Author’s E-Mail Address: | Brother@imf.org ssosa@imf.org dkim2@imf.org lkohler@imf.org gpierre@imf.org |
| ISBN | 979-40022-197-2 (Paper) 979-8-40022-218-4 (ePub) 979-8-40022-220-7 (PDF) |
| JEL Classification Numbers: | Q31, Q35, Q38, Q48, H23 |
| Keywords: | Food insecurity; Russia’s war in Ukraine; global inflation; terms of trade shock; international cooperation; open trade; vulnerable households; agricultural production; IMF lending; IMF policy advice; capacity development |
| Author’s E-Mail Address: | Brother@imf.org ssosa@imf.org dkim2@imf.org lkohler@imf.org gpierre@imf.org |
Title Page
Tackling the Global Food Crisis: Impact, Policy Response, and the Role of the IMF
Björn Rother, Sebastian Sosa, Daehaeng Kim, Lukas Kohler, Gaëlle Pierre, Naoya Kato, Majdi Debbich, Chiara Castrovillari, Khamza Sharifzoda, and Elizabeth Van Heuvelen (all SPR), Fabiana Machado and Celine Thevenot (FAD), and Pritha Mitra and Dominique Fayad (AFR)1
September 2022
Valuable input was provided by Cedric Okou and Vu Chau (RES), Brad McDonald (SPR), Franck Bousquet (ICD), Madita Weise (SPR), and Habtamu Fuje and Saad Quayyum (AFR). Helpful comments and analytical support from many Fund departments, including the African Department, the Middle East and Central Asia Department, the Fiscal Affairs Department, the Research Department, and the Communications Department are gratefully acknowledged. The authors thank Alexandra Panagiotakopoulou and Linda Bisman for superb production assistance.
This note was prepared by a staff team under the general guidance of Ceyla Pazarbasioglu and Guillaume Chabert, consisting of Björn Rother, Sebastian Sosa, Daehaeng Kim, Lukas Kohler, Gaëlle Pierre, Naoya Kato, Majdi Debbich, Chiara Castrovillari, Khamza Sharifzoda, and Elizabeth Van Heuvelen (SPR), Fabiana Machado and Celine Thevenot (FAD), and Pritha Mitra and Dominique Fayad (AFR). Valuable input was provided by Cedric Okou and Vu Chau (RES), Brad McDonald (SPR), Franck Bousquet (ICD), Madita Weise (SPR), and Habtamu Fuje and Saad Quayyum (AFR). Helpful comments and analytical support from many Fund departments, including the African Department, the Middle East and Central Asia Department, the Fiscal Affairs Department, the Research Department, and the Communications Department are gratefully acknowledged. The authors thank Alexandra Panagiotakopoulou and Linda Bisman for superb production assistance.