2010–11 global food crisis

Brent Crude oil spot prices since 1987. A correlation exists between oil prices and the world Food Price Index.

Following the 2007–2008 world food price crisis, prices of food around the world again started to rise in 2010, following a short lull in high prices during 2009. In April 2011, the World Bank warned that the global economy was "one shock away" from an impending full-scale food price crisis.[1] The high food prices have contributed to worldwide protests particularly in Africa.[2] High food prices were also a major factor contributing to the Arab Spring unrest.

References

  1. ↑ Business News, BBC (April 17, 2011). "World Bank head warns of food price crisis". British Broadcasting Corporation. Retrieved 20 July 2011.
  2. ↑ Sneyd, L. Q., A. Legwegoh, and E. D. G. Fraser. 2013. Food riots: Media perspectives on the causes of food protest in Africa. Food Security 5 (4):485–497.

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