Yellen: War in Ukraine Making Food Insecurity Worse

The video discusses the severe impact of global crises on vulnerable populations, emphasizing the interconnectedness of the global food system. It highlights how Russia's actions have exacerbated food supply and price issues, leading to increased poverty. The United States and its allies are working to mitigate these effects through sanctions and humanitarian aid. The video also stresses the importance of avoiding export restrictions and supporting smallholder farmers. International Financial Institutions (IFIs) are positioned to help affected countries by assessing needs, mitigating shortages, and investing in agricultural resilience.

What is a significant factor that has worsened the global food crisis?

• Technological advancements

• Climate change

• Russia's actions

• Natural disasters

How many more people could potentially fall into poverty due to increased food prices?

• 5 million

• 15 million

• 10 million

• 20 million

What should be avoided to prevent further increase in food prices?

• Import restrictions

• Subsidies

• Export restrictions

• Price controls

What type of support is suggested for smallholder farmers?

• Technological training

• Targeted support

• Financial aid

• Market access

What role can international financial institutions play in addressing the crisis?

• Promote tourism

• Reduce global trade

• Develop solutions with affected countries

• Increase military spending