Rising commodities prices driven by the Russia-Ukraine crisis threaten to undermine Kenya’s economy, increase poverty

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dc.creatorBreisinger, Clemens
dc.creatorDiao, Xinshen
dc.creatorDorosh, Paul A.
dc.creatorMbuthia, Juneweenex
dc.creatorOmune, Lensa
dc.creatorOseko, Edwin Ombui
dc.creatorPradesha, Angga
dc.creatorThurlow, James
dc.date2023-07-11
dc.date2024-03-14T12:08:55Z
dc.date2024-03-14T12:08:55Z
dc.date.accessioned2026-06-27T15:37:30Z
dc.descriptionMuch of the early attention to the Russia-Ukraine conflict’s food security impacts has been concentrated on countries highly dependent on wheat imports from the Black Sea region. Given the important role that wheat products play in the diets of people in Egypt, Sudan, Yemen, Lebanon, and other countries, the interruption in Black Sea wheat trade and high prices have raised serious concerns about rising levels of food insecurity, poverty, and instability around the world. But many countries are affected by price increases across a range of commodities (some predating the war), including in fertilizers, edible oils, and maize, as well as oil, natural gas, and other energy products. How are these sharp international price increases impacting countries and people, and how can countries respond? Our recent modeling study focusing on Kenya suggests higher prices, particularly for fertilizer, will reduce GDP growth and increase poverty rates in the country, putting an estimated 1.4 million additional people below the poverty line.
dc.formatapplication/pdf
dc.identifierhttps://hdl.handle.net/10568/140102
dc.identifier.urihttp://hdl.handle.net/123456789/109794
dc.languageen
dc.publisherInternational Food Policy Research Institute
dc.relationhttps://doi.org/10.2499/9780896294394
dc.relationhttps://www.ifpri.org/blog/rising-commodities-prices-driven-russia-ukraine-crisis-threaten-undermine-kenyas-economy
dc.rightsOpen Access
dc.sourceBreisinger, Clemens; Diao, Xinshen; Dorosh, Paul A.; Mbuthia, Juneweenex; Omune, Lensa; Pradesha, Angga; and Thurlow, James. 2023. Rising commodities prices driven by the Russia-Ukraine crisis threaten to undermine Kenya’s economy, increase poverty. In The Russia-Ukraine Conflict and Global Food Security, eds. Joseph Glauber and David Laborde. Section Four: Country Impacts and Responses: Sub-Saharan Africa, Chapter 33, Pp. 170-174. https://doi.org/10.2499/9780896294394_33.
dc.subjectshock
dc.subjectpolicies
dc.subjectwar
dc.subjectcoronavirus
dc.subjectcovid-19
dc.subjectcommodities
dc.subjectagriculture
dc.subjectmarkets
dc.subjecttrade
dc.subjectcoronavirinae
dc.subjectrussia
dc.subjectfood security
dc.subjectukraine
dc.subjectconflicts
dc.subjectcoronavirus disease
dc.subjectpoverty
dc.subjectprices
dc.subjectclimate change
dc.titleRising commodities prices driven by the Russia-Ukraine crisis threaten to undermine Kenya’s economy, increase poverty
dc.typeBook Chapter

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Instituto Internacional de Investigación sobre Políticas Alimentarias (IFPRI)