Commodity Prices to Remain High for Next Two Years: Pangestu

The video discusses the persistent high commodity prices and their impact on emerging markets, emphasizing the need for support programs for poor households. It highlights inflation trends and the urgency of addressing food insecurity as the global population approaches 8 billion. The discussion covers the effects of climate change on agriculture, stressing sustainable practices and cooperation. Economic risks for low and middle-income countries are examined, along with the importance of trade, investment, and sound policy frameworks to ensure food security and economic stability.

What is one of the main reasons for the predicted high commodity prices over the next two years?

• Quick supply chain adjustments

• Rapid technological advancements

• Prolonged war and supply response time

• Decrease in global demand

What additional factor is contributing to the current food crisis compared to the 2008 crisis?

• Increased global population

• Inclusion of fertilizers

• Higher energy prices

• More trade restrictions

What is a key factor that could influence whether inflation has peaked?

• The rate of technological innovation

• The level of global cooperation

• The speed of population growth

• The duration of the war

What is a major driver of lower food production that needs to be addressed?

• Climate change issues

• Trade restrictions

• Overpopulation

• Lack of technological innovation

What is a critical step to ensure that the next season's agricultural production is not affected?

• Ensuring fertilizer availability

• Implementing price controls

• Increasing food imports

• Reducing energy consumption

What is a potential risk of reshoring manufacturing for emerging economies?

• Increased global trade

• Improved supply chain efficiency

• Higher economic growth

• Detrimental impact on growth

What should governments focus on to manage food prices effectively?

• Increasing subsidies for all households

• Controlling prices for the entire population

• Implementing good policies and protecting the vulnerable

• Reducing agricultural production