Living through Crises : How the Food, Fuel, and Financial Shocks Affect the Poor

The food, fuel, and financial crises that started in 2008 reverberated throughout the global economy, causing job losses; poverty; and economic, financial, and political upheaval in countries all over the world. This book is about the neglected, mundane, and yet centrally important matter of how people lived through the globalized crises of 2008-11, how these people were affected, and what they did to cope. At the time of writing, in late 2011, global food prices had again spiked, and further waves of fiscal and financial shocks were under way, as world economic growth faltered and the euro area sovereign debt crisis mounted. The timing means this book offers vital insights into how people coped, and how they sometimes did not, at a time when such knowledge is most urgently needed.