Open AccessGlobal Food Crisis Response Program: A World Bank initiative for food security and hunger fight (An analysis)
Author(s) -
Nouman Keith
Publication year - 2015
Publication title -
scholedge international journal of multidisciplinary and allied studies
Language(s) - English
Resource type - Journals
ISSN - 2394-336X
DOI - 10.19085/journal.sijmas021002
Subject(s) - food security , financial crisis , flexibility (engineering) , food aid , business , international development , asset (computer security) , agrarian society , poverty , agriculture , economic growth , finance , financial system , economics , geography , management , computer security , archaeology , computer science , macroeconomics
The World Bank reacted quickly to the food price crisis that began in 2008 through the Global Food Crisis Response Program (GFRP), which blends quick track financing from International Development Association (IDA) and IBRD (International Bank for Reconstruction and Development) with trust asset grants to address the prompt food emergency, while urging agrarian frameworks to fabricate flexibility for what's to come. GFRP assets have as of now financed operations adding up to US$1.5 billion coming to about 40 million affected individuals in 44 nations. This paper reviews the achievement of the intended objectives which were underlining for conceptualizing the idea.