International food update

Recent infographic from the World Food Programme showed how the international community is struggling with the inflation of food prices.

North Korea is one part of this story – the country is still reeling from the normalization of crude oil price after the collapse of the Soviet Union and the continued rise in the cost of oil and grain prices have not assisted North Korea’s food shortages.

In addition, Woo-Cumings argues that the global weather phenomenon contributes to the crisis in the DPRK.

We will keep our eyes on the WFP and see how they approach this global problem as the rising cost does not appear to be coming down anytime soon.


About Yong Kwon

I develop trade advocacy strategies for a DC-based consulting firm. Studied economic history at the London School of Economics, and can be found on twitter at @ykwon88
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