Thu. Jan 27th, 2022

Video Duration 25 minutes 00 seconds

Of: Interior story

Food prices rose sharply in 2021, reaching the highest level in a decade, according to the United Nations.

While many countries last year insisted on reopening their economies after months of restrictions and tightly controlled borders, economists began to warn of a new looming crisis: the rising cost of food.

The UN Food and Agriculture Organization says prices jumped 28 percent during the year and reached their highest level since 2011.

In December, they relaxed slightly, but had been climbing in a row for four months before that.

The boom is blamed on a number of factors, including supply chain bottlenecks and increased costs for raw materials and energy.

What will it take to bring prices down?

Presenter: Kim Vinnell

Guests:

Jane Battersby – Senior Lecturer in the Department of Environmental and Geographical Sciences at the University of Cape Town

Abdolreza Abbassian – Senior Economist at the United Nations Food and Agriculture Organization

Dipa Sinha – Professor of Economics at Ambedkar University Delhi

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