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Living through Crises : How the Food, Fuel, and Financial Shocks Affect the Poor

The food, fuel, and financial crises that started in 2008 reverberated throughout the global economy, causing job losses; poverty; and economic, financial, and political upheaval in countries all over the world. This book is not about the causes of...

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Main Authors: Hossain, Naomi, Heltberg, Rasmus, Reva, Anna
Format: Online
Language:English
Published: Washington, DC: World Bank 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2012/04/16207587/living-through-crises-food-fuel-financial-shocks-affect-poor
https://hdl.handle.net/10986/6013
https://doi.org/10.1596/978-0-8213-8940-9
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author Hossain, Naomi
Heltberg, Rasmus
Reva, Anna
author2 Heltberg, Rasmus
author_facet Heltberg, Rasmus
Hossain, Naomi
Heltberg, Rasmus
Reva, Anna
author_sort Hossain, Naomi
collection Colección Libros - Series (activas)
description The food, fuel, and financial crises that started in 2008 reverberated throughout the global economy, causing job losses; poverty; and economic, financial, and political upheaval in countries all over the world. This book is not about the causes of these crises or the macroeconomic and financial sector issues surrounding their origin, spread, and impact; nor is it about how such crises may be prevented in the future. These are important questions, but they have been dealt with in a large number of books, articles, and even movies. Instead, this book is about the more neglected, mundane, and yet centrally important matter of how people lived through the globalized crises of 2008-11, how these people were affected, and what they did to cope. At the time of writing, in late 2011, global food prices had again spiked, and further waves of fiscal and financial shocks were under way, as world economic growth faltered and the euro area sovereign debt crisis mounted. The timing means this book offers vital insights into how people coped, and how they sometimes did not, at a time when such knowledge is most urgently needed. The theme of the book is likely to have an enduring significance, as it offers a unique glimpse into the experience of living through a new type of systemic shock wave that is globalized, highly contagious, and multifaceted. Systemic shocks of the complexity and scale witnessed from 2008 through 2011 are quite unprecedented in world history, but are predicted to be more frequent in the future (Held, Kaldor, and Quah 2010; Goldin and Vogel 2010). The purpose in writing this book is to make the bottom-up perspectives on globalized crises available to a larger audience. The research presents a unique and largely untold account of how people lived through the severe economic turmoil of recent years, how they were affected, and what they did to cope, lending a voice to affected communities themselves.
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spelling wb-10986-60132025-04-16T04:17:54Z Living through Crises : How the Food, Fuel, and Financial Shocks Affect the Poor Hossain, Naomi Heltberg, Rasmus Reva, Anna Heltberg, Rasmus Hossain, Naomi Reva, Anna Crisis monitoring Food crisis Global economic crisis Poverty Qualitative research Qualitative-quantitative research Resilience Vulnerability The food, fuel, and financial crises that started in 2008 reverberated throughout the global economy, causing job losses; poverty; and economic, financial, and political upheaval in countries all over the world. This book is not about the causes of these crises or the macroeconomic and financial sector issues surrounding their origin, spread, and impact; nor is it about how such crises may be prevented in the future. These are important questions, but they have been dealt with in a large number of books, articles, and even movies. Instead, this book is about the more neglected, mundane, and yet centrally important matter of how people lived through the globalized crises of 2008-11, how these people were affected, and what they did to cope. At the time of writing, in late 2011, global food prices had again spiked, and further waves of fiscal and financial shocks were under way, as world economic growth faltered and the euro area sovereign debt crisis mounted. The timing means this book offers vital insights into how people coped, and how they sometimes did not, at a time when such knowledge is most urgently needed. The theme of the book is likely to have an enduring significance, as it offers a unique glimpse into the experience of living through a new type of systemic shock wave that is globalized, highly contagious, and multifaceted. Systemic shocks of the complexity and scale witnessed from 2008 through 2011 are quite unprecedented in world history, but are predicted to be more frequent in the future (Held, Kaldor, and Quah 2010; Goldin and Vogel 2010). The purpose in writing this book is to make the bottom-up perspectives on globalized crises available to a larger audience. The research presents a unique and largely untold account of how people lived through the severe economic turmoil of recent years, how they were affected, and what they did to cope, lending a voice to affected communities themselves. 2012-04-27T07:41:47Z 2012-04-27T07:41:47Z 2012-04-03 http://documents.worldbank.org/curated/en/2012/04/16207587/living-through-crises-food-fuel-financial-shocks-affect-poor 978-0-8213-8940-9 https://hdl.handle.net/10986/6013 https://doi.org/10.1596/978-0-8213-8940-9 English New Frontiers of Social Policy CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank application/pdf text/plain Washington, DC: World Bank
spellingShingle Crisis monitoring
Food crisis
Global economic crisis
Poverty
Qualitative research
Qualitative-quantitative research
Resilience
Vulnerability
Hossain, Naomi
Heltberg, Rasmus
Reva, Anna
Living through Crises : How the Food, Fuel, and Financial Shocks Affect the Poor
title Living through Crises : How the Food, Fuel, and Financial Shocks Affect the Poor
title_full Living through Crises : How the Food, Fuel, and Financial Shocks Affect the Poor
title_fullStr Living through Crises : How the Food, Fuel, and Financial Shocks Affect the Poor
title_full_unstemmed Living through Crises : How the Food, Fuel, and Financial Shocks Affect the Poor
title_short Living through Crises : How the Food, Fuel, and Financial Shocks Affect the Poor
title_sort living through crises how the food fuel and financial shocks affect the poor
topic Crisis monitoring
Food crisis
Global economic crisis
Poverty
Qualitative research
Qualitative-quantitative research
Resilience
Vulnerability
url http://documents.worldbank.org/curated/en/2012/04/16207587/living-through-crises-food-fuel-financial-shocks-affect-poor
https://hdl.handle.net/10986/6013
https://doi.org/10.1596/978-0-8213-8940-9
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