Food Price Shocks and Instability Highlight Weaknesses in Governance and Markets

Unrest across the Middle East has been front-page news for weeks, with commentators searching for explanations to account for the shifting political winds. Many, such as Thomas Friedman and Kevin Hall, have drawn connections between food prices and instability. But, as they point out, high food prices do not deterministically lead to unrest. Instead, rising … Continue reading Food Price Shocks and Instability Highlight Weaknesses in Governance and Markets