High food prices drive political instability: IMF paper
An International Monetary Fund paper, published on Tuesday, finds evidence of a negative externality associated with variations in international food prices on low-income countries' social and political stability.
Rabah Arezki and Markus Bruckner, the paper's authors, use panel data for over 120 countries between 1970 and 2007 to examine the effects that variations in international food prices have on democracy and intra-state conflict.
Arezki and Bruckner find that increases in the
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