Economics
Rising Food Prices Threaten Democracy, Cause Conflict, IMF Says
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Rising world food prices threaten democracies in poor countries, causing riots and civil conflict and widening the gap between rich and poor, a study by the International Monetary Fund found.
The findings are “broadly consistent” with politicians’ claims that surging food prices “put at stake the socio-economic and political stability of the world’s poorest countries,” IMF economist Rabah Arezki and Markus Brueckner of the University of Adelaide’s School of Economics wrote in a 23-page paper published on the organization’s website.