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The Food War
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The Food War

The food shock of 2022 is not a good-news story. But our “bad” is less bad than ever before.

David Frum
The Atlantic, 2022
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Russia’s invasion of Ukraine and the ensuing war will affect economies around the world, with a particular impact on food prices. Russia and Ukraine are major grain producers and, combined, export 25% of the world’s wheat. The war blocks ports through which Ukraine exports its wheat, and sanctions worldwide embargo Russian commodities. The processes that establish food prices on the global markets, as David Frum reports in The Atlantic, raise costs for everyone. This  needn’t be a catastrophe. With careful management, policymakers can mitigate the impact of higher food prices.

Take-Aways

  • The war between Russia and Ukraine will profoundly impact the world’s economy.
  • Unlike in the 1960s and 1970s, today’s world food supply is abundant.
  • Countries that Russia and Ukraine’s lower wheat exports will affect have ways of coping.

About the Author

David Frum, senior editor at The Atlantic, is the author of Trumpocracy; and Trumpocalypse.

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