Food price volatility remains a pressing challenge for many African countries (FAO, IMF, and UNCTAD, 2011). The vast majority of Africa’s population still derives a substantial share of their income from agriculture and low-income households.
Food price volatility remains a pressing challenge for many African countries (FAO, IMF, and UNCTAD, 2011). The vast majority of Africa’s population still derives a substantial share of their income from agriculture and low-income households allocate a large share of their budget to food (often more than 60 percent). As a result, large and unexpected
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