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The Canadian Foundation for the Americas (FOCAL) is no longer in operation. This website documents FOCAL's activities and accomplishments throughout its existence. Thank you for your interest in the work of FOCAL.
|Policy Brief: Food Price Crisis 2007-2008: Lessons for the Commonwealth Caribbean and Haiti|
Jean-Charles Le Vallée
In June 2008, global food prices reached their highest levels in 30 years, sparking a global crisis and threatening the livelihoods of many in the Commonwealth Caribbean and Haiti. This intense crisis prompted various policy responses by governments and international agencies in the region to ensure short-term food security and availability of food supplies at more affordable domestic prices. Since then, however, co-ordinated regional efforts have focused on longer-term strategies resulting in a Regional Food and Nutrition Security Policy. This policy brief reviews policy responses to the 2007-2008 food price crisis in Commonwealth Caribbean countries and Haiti, as these countries are highly vulnerable to such crises in light of their extreme dependence on food imports coupled with high poverty rates. It assesses the impact of the crisis, the region’s responses and provides lessons for looming food price shocks to come.