HKI’s position paper was originally issued in June 2008, at a time when global food price volatility, and the subsequent social unrest, resulted in an increased number of people suffering from hnger and increased household food insecurity. Price volatility is devastating for poor people, and market instability can adversely affect rural farm livelihoods. In 2011, global food price volatility is once again undermining food security; the dire situation for poor households is being exacerbated by the global financial crisis, which has led to a decline in foreign development aid.
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