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

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cg.authorship.typesCGIAR single centreen
cg.contributor.donorForeign, Commonwealth and Development Office, United Kingdomen
cg.contributor.donorUnited States Agency for International Developmenten
cg.coverage.countryKenya
cg.coverage.iso3166-alpha2KE
cg.coverage.regionEastern Africa
cg.coverage.regionSub-Saharan Africa
cg.coverage.regionAfrica
cg.creator.identifierClemens Breisinger: 0000-0001-6955-0682
cg.creator.identifierXinshen Diao: 0000-0003-4843-1670
cg.creator.identifierPaul Dorosh: 0000-0001-6049-6018
cg.creator.identifierAngga Pradesha: 0000-0002-7969-7335
cg.creator.identifierJames Thurlow: 0000-0003-3414-374X
cg.identifier.doihttps://doi.org/10.2499/9780896294394_33en
cg.identifier.projectIFPRI - Development Strategies and Governance Unit
cg.identifier.projectIFPRI - Systems Transformation - Transformation Strategies
cg.identifier.projectIFPRI - Foresight and Policy Modeling Unit
cg.identifier.projectIFPRI - Food Security Portal
cg.identifier.publicationRankNot ranked
cg.placeWashington, DCen
cg.reviewStatusInternal Reviewen
dc.contributor.authorBreisinger, Clemensen
dc.contributor.authorDiao, Xinshenen
dc.contributor.authorDorosh, Paul A.en
dc.contributor.authorMbuthia, Juneweenexen
dc.contributor.authorOmune, Lensaen
dc.contributor.authorOseko, Edwin Ombuien
dc.contributor.authorPradesha, Anggaen
dc.contributor.authorThurlow, Jamesen
dc.date.accessioned2024-03-14T12:08:55Zen
dc.date.available2024-03-14T12:08:55Zen
dc.identifier.urihttps://hdl.handle.net/10568/140102
dc.titleRising commodities prices driven by the Russia-Ukraine crisis threaten to undermine Kenya’s economy, increase povertyen
dcterms.abstractMuch 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.en
dcterms.accessRightsOpen Access
dcterms.bibliographicCitationBreisinger, 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.en
dcterms.extent5 p.en
dcterms.isPartOfThe Russia-Ukraine Conflict and Global Food Securityen
dcterms.issued2023-07-11
dcterms.languageen
dcterms.licenseCC-BY-4.0
dcterms.publisherInternational Food Policy Research Instituteen
dcterms.relationhttps://doi.org/10.2499/9780896294394en
dcterms.relationhttps://www.ifpri.org/blog/rising-commodities-prices-driven-russia-ukraine-crisis-threaten-undermine-kenyas-economyen
dcterms.replaceshttps://ebrary.ifpri.org/digital/collection/p15738coll2/id/136757en
dcterms.subjectshocken
dcterms.subjectpoliciesen
dcterms.subjectwaren
dcterms.subjectcoronavirusen
dcterms.subjectcovid-19en
dcterms.subjectcommoditiesen
dcterms.subjectagricultureen
dcterms.subjectmarketsen
dcterms.subjecttradeen
dcterms.subjectcoronavirinaeen
dcterms.subjectrussiaen
dcterms.subjectfood securityen
dcterms.subjectukraineen
dcterms.subjectconflictsen
dcterms.subjectcoronavirus diseaseen
dcterms.subjectpovertyen
dcterms.subjectpricesen
dcterms.subjectclimate changeen
dcterms.typeBook Chapter

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