The role of food prices in the Syrian crisis, and the way forward

The disintegration of Syria and Europe’s refugee crisis are only the latest tragic consequences of two spikes in food prices in 2007/08 and 2010/11 that triggered waves of global unrest, including the Arab Spring. Researchers at the New England Complex Systems Institute (NECSI) have traced these spikes and spiraling crises to their root causes: deregulated commodity markets, financial speculation, and a misguided U.S. corn-to-ethanol fuel policy that removes nearly 5 billion bushels of corn from markets each year. With world food prices currently in retreat, now is the time to changes policies. —> Read More