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Rising Food Prices Threaten Poverty Reduction

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4.9.08
WASHINGTON DC - High food prices are threatening recent gains in overcoming  poverty and malnutrition, and are likely to persist over the medium term, says a new World Bank Group policy note released today.

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4.9.08
Danny Leipziger, World Bank Group Vice President for Poverty Reduction and Economic Management (PREM).

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+ High energy prices contribute to high food prices.
+ Recent progress in fighting poverty will be affected.
+ Malnutrition causes irreparable damage. Rates may rise.


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Harvesting rice. Vietnam. Photo: © Quy-Toan Do/World Bank

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