Shenggan Fan, Director General of the International Food Policy Research Institute (IFPRI) outlines five strategic measures that will help prevent a rapid surge in agricultural commodity prices. [5 slides]

1. FIVE STEPS TO PREVENT A REPEAT OF THE 2007-08 FOOD CRISIS
Countries with large
grain stocks should
release some of
their reserves to
calm domestic and
global prices

2. FIVE STEPS TO PREVENT A REPEAT OF THE 2007-08 FOOD CRISIS
Effective social
safety nets are
needed to protect
the most vulnerable
groups, including
women and children

3. FIVE STEPS TO PREVENT A REPEAT OF THE 2007-08 FOOD CRISIS
Smallholder
productivity
enhancing
mechanisms are
needed to
sustainably reduce
hunger and poverty

4. FIVE STEPS TO PREVENT A REPEAT OF THE 2007-08 FOOD CRISIS
An international
working group
comprised of key
institutions should
come together to
regularly monitor
food production,
stocks, prices and
policies

5. FIVE STEPS TO PREVENT A REPEAT OF THE 2007-08 FOOD CRISIS
New institutional
arrangements
should be created to
decrease price
volatility in agri-
cultural commodity
markets and to deal
with humanitarian
emergencies.