Food prices to make world poorer: WB

Associated Press
Posted: 2008-05-20 14:33:02+05:30 IST
Updated: May 20, 2008 at 1601 hrs IST

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World economic growth seen at 1 pct in '09 Global recession rocks Asian, European industry Asian economies stumble Global crisis hits Bhutan too

Singapore, May 20:: them.

"There is no magic solution," Daboub said.

"I do think concerted action is necessary and called for...the key element in any longer-term solution will be to increase global food production.

There is no temporary solution." The World Bank is pushing for a new global food policy, which includes plans for safety nets for food security and immediate assistance for the poor in the short-term as well as longer-term policies to boost rice productivity, Daboub added....

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Food prices to make world poorer: WB

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