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Promoting Economic Diversification and Decent Rural Employment Towards Greater Resilience to Food Price Volatility

Issue Paper

The poor are particularly vulnerable to the negative effects of high and volatile food prices. Available evidence, while not conclusive, indicates that both urban and rural poor, including poor farmers, are particularly exposed because they are typically net buyers of food (Ivanic and Martin, 2008). Food accounts for as much as three-quarters of the expenditures of poor households in some countries.

Published: 2014
Publisher: FAO
Geography: Global