Role in economic renewal
It was supported within days by a British assessment that the era of cheap food is gone forever, with food prices forecast to remain high over the long term.
Experts at Chatham House, the world-leading institute for debate and analysis of international issues, said underlying fundamentals driving food prices higher have not changed — such as a rising global population that is eating more protein, the food industry’s dependence on expensive energy sources such as oil and natural gas to produce and transport foodstuffs, and global shortages of agricultural land, water and rural labour.
