The content bellow is available only in French.

publié dans Ressources le 25 octobre 2011

Experts Meet to Discuss Remedies to Food Price Volatility in West Africa

Resakss

Volatilité et flambée des prix

Accéder à la ressource

The Economic Community Of West African States (ECOWAS) Commission and the United Nations Food and Agriculture Organization (FAO) hosted a consultative meeting earlier this month to address the problem of volatile and soaring food prices in West Africa. The FAO reports that commodities in West African countries, (along with the rest of the global economy), are witnessing seasonal price increases for staple foods, including but not limited to livestock products, cooking oils and sugar. ECOWAS Member States have also experienced several floods which have led to a drop in production in certain areas, thereby affecting local food security. Added to problems with flooding, the post-election crisis in Cote d’Ivoire has resulted in significant displacement of populations in the border regions, thereby contributing to hikes and increased volatility in many markets. West Africa hopes to take measures to address the emerging food price crisis should be initiated immediately, taking into consideration the experiences and lessons learned from the previous crisis.

Participants of the meeting developed measures to address food price volatility on a sustainable basis, taking into account the current global financial crisis, coming up with several ideas, both macro-economic as well as institutional and process related issues and propose ideas for the way forward. Various presentations have been made available by ReSAKSS-West Africa participant, Mbaye Yade.

Restez informé⸱e !

Abonnez-vous à nos publications et bulletins pour les recevoir directement dans votre boîte mail.

  • Ce champ n’est utilisé qu’à des fins de validation et devrait rester inchangé.

Autres articles qui pourraient vous intéresser