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Higher food prices can reduce poverty and stimulate growth in food production

Economics

Higher food prices can reduce poverty and stimulate growth in food production

D. Headey and K. Hirvonen

This groundbreaking research challenges the belief that higher food prices lead to increased poverty. Conducted by Derek Headey and Kalle Hirvonen, the study reveals that in many middle-income countries, rising food prices may actually decrease poverty levels, especially in rural communities. Discover how agricultural supply responses and labor demands are reshaping economic landscapes in unexpected ways.

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