West African households were particularly affected by the food price crisis of 2007-08. As these households depend on markets for two-thirds of their food supplies, prices have become a key determinant of access to food. However, food prices are 30-40% higher in sub-Saharan Africa than in the rest of the world at comparable levels of per capita income. These price levels have a negative impact on the purchasing power of households and are a major factor of food and nutrition insecurity. Price monitoring systems need to be updated and strengthened. Increasing productivity, promoting regional trade and supporting food value chain development are three of the policy options available to decision-makers to drive down food prices sustainably.
Share
Facebook
Twitter
LinkedIn
Abstract
In the same series
-
12 May 202530 Pages
-
22 April 202545 Pages
-
Working paper23 December 202432 Pages
-
Working paper
The case of Accra and Kumasi in Ghana
29 November 202450 Pages -
Working paper
The case of Accra and Kumasi in Ghana
29 November 202440 Pages -
16 October 202432 Pages
-
Working paper9 October 202428 Pages
-
1 May 202430 Pages
Related publications
-
Report
Framework, indicator methodology and results
29 October 202575 Pages -
Working paper
Reinforcing global food markets
1 August 202549 Pages -
Working paper
Impacts on the triple challenge and cost‑benefits analysis
22 May 202527 Pages