Business Standard reposted an IFPRI blog post by researchers Abdullah Mamun, Joseph Glauber, and David Laborde. The post illustrates how disruptions in wheat, vegetable oil, and fertilizer markets caused by Russia’s invasion of Ukraine drive up prices and threaten supplies in Bangladesh. The conflict threatens Bangladesh’s recent progress. According to an IFPRI study, the proportion of rural households facing moderate or severe food insecurity rose from 15 percent in early 2020 to 45 percent in January 2021, then returned to pre-pandemic levels by the end of 2021. Now that 2021 recovery is in danger: Bangladesh saw a record rise in prices of staples in March 2022, along with volatility in the fertilizer market. Also published in Bonikbarta.net (Bangladesh).
How the war in Ukraine threatens Bangladesh’s food security (The Business Standard)
April 26, 2022