Revisiting the Global Food Crisis: Magnitude, Causes, Impact and Policy Options

The magnitude of the food crisis demands urgent action on the part of governments, multilateral agencies and all those who cherish the vision of a hunger-free world. A correct identification of the causes of the food crisis and rising hunger is, therefore, crucial for the adaptation of policies and strategies in this battle against hunger and food-deprivation. In this backdrop, this paper seeks to review the various strains of the discourse that has emerged on this issue. The volatility of food prices in the short run has been an important factor behind the vulnerability of the vast mass of net food buyers across the Third World nations.