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Monday, June 22, 2009
Answer: The interrelation between the financial crisis and the food crisis is not so direct. If we assume that a deep financial crisis will reoccur, which is not likely, but quite possible, then it will affect the real sector of economy, including the food sector. As the issue of food crisis is linked to affordability of food, with rising food prices, some countries may be facing a food crisis. It is a real risk. As a response, many countries could provide appropriate support to those poor people that cannot afford to buy food. It may mean improvement of the welfare system, including in the Russian Federation.
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