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The FAO’s battle against Food Price Volatility. Interview with Hafez Ghanem

Food price volatility is one of the most critical economic and food security challenge facing global policymakers today. Between 2007 and 2008, the prices of cereals and other food products not only doubled but in some cases more than doubled, only to plummet just a few months later. Why do prices increase this much? Has production decreased to such an extent that foodstuffs have become precious and rare? And how can the situation be eased? The assistant Director-General of FAO responsible for the Economic and Social Development Department, Hafez Ghanem, answers to these topic questions in an interview released to Afronline.org, Le Républicain (Niger), Sud Quotidien (Senegal), Les Echos du Mali and Addis Fortune (Ethiopia).

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