Russia-Ukraine War and the Global Crisis: Impacts on Poverty and Food Security in Bangladesh and Other Developing Countries
Bangladesh Institute of Development Studies (BIDS) organized a seminar titled “Russia-Ukraine War and the Global Crisis: Impacts on Poverty and Food Security in Bangladesh and Other Developing Countries” on 27 July, 2022 in the BIDS Conference Room. Dr. Paul Dorosh, Director, Development Strategy and Governance Division, International Food Policy Research Institute (IFPRI) was the speaker of this seminar.
This study revealed that, due to the Russia-Ukraine war and the ongoing global-crisis and the subsequent rise in fuel and fertilizer price, people in Bangladesh have cut their food intake by 4.7%. The poor people are suffering the most even though all households have been hit by the food price hike. This report also projected that agriculture’s contribution to Bangladesh’s GDP has dropped 2.5% with a decrease in the production of rice, wheat and other major crops. According to Dr. Dorosh, the government needs to exempt duties on food imports, increase local production and provide monetary assistance to the poor to overcome this situation.
The seminar was attended by BIDS researchers, development practitioners and media. The Director General of BIDS, Dr. Binayak Sen chaired the event.
Pdf Link here
Meeting recording link here