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Thursday, Aug 11, 2022

'Food nationalism' worries rise after India, Malaysia export bans. Policies stoke fears of further inflation, weaponization of supplies.

'Food nationalism' worries rise after India, Malaysia export bans. Policies stoke fears of further inflation, weaponization of supplies.

Soaring global food prices have prompted some Asian countries to halt exports of certain products to protect domestic consumers, raising fears of still higher inflation among their trade partners. More broadly, experts see an imminent risk of "food nationalism" spreading to more countries and products. At least one framed the phenomenon as another setback for globalization.
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