Subtheme 2.3 Impact and Influence


Subtheme 2.3‘s work on food prices was particularly influential in 2010, garnering worldwide media attention as fears of a new global food crisis grew. In particular, Maximo Torero‘s statements onwheat price volatility and the summer‘s wildfires in Russiawere featured in articles in several news outlets, including The Economist and The Wall Street Journal. Table 1 presents media impact of the program‘s work on prices.


Media impact


 http://asiasentinel.com/index.php?option=com_content&task=view&id=2696&Itemid=590  http://www.irinnews.org/Report.aspx?ReportId=90472  http://www.afriquejet.com/news/africa-news/mozambican-riots-not-linked-to-higher-wheat-prices,-says-think-


 http://www.voanews.com/english/news/africa/decapua-wheat-prices-ifpri-13sept10-102781554.html  http://www.fnbnews.com/article/detnews.asp?articleid=28131&sectionid=1  http://asiasentinel.com/index.php?option=com_content&task=view&id=2636&Itemid=590  http://www.ifpri.org/blog/fires-russia-wheat-production-and-volatile-


tank-2010091456142.html


 http://www.economist.com/node/16994407?story_id=16994407  http://af.reuters.com/article/southAfricaNews/idAFLDE68C16820100913  http://www.indepthnews.net/news/news.php?key1=2010-09-13%2018:02:49&key2=1  http://www.reliefweb.int/rw/rwb.nsf/db900SID/EGUA-899MQB?OpenDocument  http://www.sciencealert.com.au/opinions-global-food-crisis/20101409-21322.html  http://globalgeopolitics.net/wordpress/2010/09/14/wheat-price-instability-no-reason-to-panic/  http://malnutritionandmalaria.blogspot.com/2010/09/malnutrition-hunger-dips-but-not-by.html  http://www.foodanddrinkeurope.com/Retail/Food-price-rise-is-not-2007-all-over-again-IFPRI  http://www.kbc.co.ke/news.asp?nid=66446  http://ipsnews.net/news.asp?idnews=52920  http://online.wsj.com/article/SB10001424052748704760704575515750905898286.html


markets?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+BlogWorldHunger+%28blog +world+hunger%29


In addition, in recognition of its work on prices, MTID is part of the G20 International Organizations technical committee to develop the technical report for the French Presidency of the G20 for the working group on the price volatility of agricultural commodities.


The subtheme‘s innovative approach to weather insurance was selected from more than 800 applications as the winner of the grant competition ―Marketplace on Innovative Financial Solutions for Development 2010. The project was also chosen for a research grant by 3ie from among 255 proposals. The project‘s innovations and initial results have sparked considerable interest among a variety of private and public sector institutions working in this area, including Allianz, the World Bank, IFC, WWF-US, IADB, IICA, Oxfam America, BASIX, Caribbean Risk Managers Ltd, Endurance Reinsurance Corporation of America. Additionally, in August 2010, Ruth Hill met with leaders of the Government of Bangladesh to establish a similar project in that country.


The implementation of the poverty score card developed by MTID has ended in the implementation of nine innovative projects in linking small holders to markets (1 in El Salvador, 1 in Guatemala, 5 in Honduras and 2 in Nicaragua) for a total amount of 1.7 Million US$ and which will have 5,575 direct beneficiaries of which around 50% are women, and all are located in areas of high levels of poverty and lack of market access.


Finally, the division‘s work on the typology of micro-regions is being used by the Government of Guatemala to develop the country‘s strategic plan for food security for the Feed the Future program, the Government of Peru has also formally requested that all the system be transferred to them and it also being requested by the Ministry of Agriculture of Honduras and El Salvador.


2010 Internal Program Review-Markets, Trade and Institutions Division


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