Posted by: africanpressorganization | 10 April 2009

From crisis to crisis: the impact of the global food crisis on decent work

 


 

From crisis to crisis: the impact of the global food crisis on decent work

 

GENEVA, Switzerland, April 10, 2009/African Press Organization (APO)/ — Since 2007, escalating food prices have created budget turmoil, trade imbalances and inflation and provoked panic and social unrest in some countries. Despite bumper harvests of rice and wheat in 2008 that may have alleviated some of the concern, economies are now grappling with a worsening global economic crisis. Is the evolution of lower prices for grains cause for hope, or will the economic crisis provide cause for fear? The food price situation was discussed in Geneva at an ILO meeting last month. ILO Online asked Dr. Riswanul Islam, Special Advisor on Growth, Employment and Poverty Reduction, to take stock of the impact of the global food crisis on decent work and poverty.

 

SOURCE : International Labour Organisation (ILO)


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