Commodity Price Spikes
Around the world, prices for food and other basic commodities are going up. The price of food has climbed by almost 30% in the past twelve months. Cotton is near a ten year high, and copper is the highest it’s been in forty years. Some say the price hikes are a sign of global economic recovery, but for the world’s poor, the increases can be devastating. Please join us to talk about what’s behind the recent price spikes for food and basic commodities and what these increases could mean for consumers and governments worldwide,
president, The World Bank
former Deputy Secretary, U.S. Department of State
senior research fellow,International Food Policy Research Institute and professor, Virginia Tech Institute for Society, Culture and Environment.
economics editor, "The Economist;" formerly, economist at the International Monetary Fund
columnist, New York Times