COVID-19

How can we prevent a COVID-19 food crisis?

Workers unload bags of rice from a container to a store outside Hanoi November 26, 2013. Vietnam submitted the lowest price to supply 500,000 tonnes of rice to the Philippines, beating Thailand's offer for grain to boost stocks depleted by Typhoon Haiyan, Manila's grain procurement agency said on Tuesday. Vietnam, the world's second-biggest rice exporter after India last year, offered to deliver the entire volume within three months at $462.25 per tonne, with a first shipment of at least 120,000 tonnes by Dec. 31. REUTERS/Kham (VIETNAM - Tags: BUSINESS FOOD AGRICULTURE) - GM1E9BQ1L6V01

COVID-19 is amplifying the risk of a worldwide food-price spike. Image: REUTERS/Kham

Carmen M. Reinhart
Minos A. Zombanakis Professor of the International Financial System, Harvard Kennedy School of Government
Rob Subbaraman
Chief Economist and Head of Global Markets Research, Nomura
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Food protectionism can result in a global food-price surge, as happened in 2010-11. Image: World Bank
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