{"id":1347,"date":"2017-10-18T18:02:32","date_gmt":"2017-10-18T16:02:32","guid":{"rendered":"http:\/\/investinpeace.tssef.se\/?p=1347"},"modified":"2017-10-18T18:02:32","modified_gmt":"2017-10-18T16:02:32","slug":"the-relative-cost-of-a-plate-of-food-a-wake-up-call-for-economists","status":"publish","type":"post","link":"https:\/\/investorsinpeace.com\/?p=1347","title":{"rendered":"The relative cost of a plate of food: a wake-up call for economists?"},"content":{"rendered":"

\"Beancost_example\"<\/a>Research reveals that the poorest are paying more they earn in a day for a single meal. This stark inequality\u00a0is driving the global hunger crisis and weakening the foundations of peace in the world.\u00a0<\/em><\/p>\n

Reported in the Guardian<\/a>,\u00a0a\u00a0World Food Programme<\/a>\u00a0study\u00a0reveals that the same bean stew can cost the average consumer in New York just $1.20, while the price tag is more than $320 in South Sudan. These figures come from\u00a0calculating relative purchasing power\u00a0– food prices against average wage.<\/p>\n

Basic security of the essentials is a foundation of peace. Often poverty is measured in terms of income per day in dollars. Simply citing that 767 million people live below the international poverty line of $1.90 a day and setting a global goal for poverty (Sustainable Development Goal 1: No Poverty<\/a>) without\u00a0addressing the links to zero hunger (Goal 2<\/a>) misses the opportunity to address basic security,<\/p>\n

Economics needs to recognize that relative<\/em> costs of essentials in terms of percentage of daily income need to be made transparent and factored into economic policy, too.<\/p>\n

How to invest in peace by investing in food provision<\/h3>\n

Investing in peace encompasses finding the adequate finance at key points in the food provision chain to allow it to function effectively. This is clearly illustrated by the diagram below, and something the Invest in Peace fund, currently being developed, will address.<\/p>\n

 <\/p>\n

 <\/p>\n

\"beans_Finance\"
Courtesy of the World Food Programme<\/figcaption><\/figure>\n

Read more<\/h3>\n

The Guardian article<\/a><\/p>\n

The Report<\/a><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Research reveals that the poorest are paying more they earn in a day for a single meal. This stark inequality\u00a0is driving the global hunger crisis and weakening the foundations of peace in the world.\u00a0 Reported in the Guardian,\u00a0a\u00a0World Food Programme\u00a0study\u00a0reveals that the same bean stew can cost the average consumer in New York just $1.20, … Continue reading The relative cost of a plate of food: a wake-up call for economists?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1349,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,15],"tags":[],"class_list":["post-1347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financing-peace","category-news"],"_links":{"self":[{"href":"https:\/\/investorsinpeace.com\/index.php?rest_route=\/wp\/v2\/posts\/1347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investorsinpeace.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investorsinpeace.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investorsinpeace.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/investorsinpeace.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1347"}],"version-history":[{"count":0,"href":"https:\/\/investorsinpeace.com\/index.php?rest_route=\/wp\/v2\/posts\/1347\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investorsinpeace.com\/index.php?rest_route=\/"}],"wp:attachment":[{"href":"https:\/\/investorsinpeace.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investorsinpeace.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investorsinpeace.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}