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ROME - The United Nations World Food Programme (WFP) today announced the results of a ground-breaking five-country study on the effects the financial crisis is having on families, many of whom were already going hungry.
As G8 development ministers meet today in Rome ahead of the July summit, WFP's Executive Director, Josette Sheeran, called on governments to boost social safety-net programmes at this critical moment, as the impact of the economic crisis on poor households begins to hit hard.
"In each of the five countries, we were alarmed that projections were for more …
WFP/OMX June 2009
WFP developed an Economic Shock and Hunger Index (ESHI) to better understand which countries are likely to become more vulnerable to food insecurity due to the global financial and economic crisis. The ESHI analysis considered key financial and economic factors as well as broader food security indicators to understand the food security implications on 126 lower and middle income countries. ESHI analysis was followed by case studies in five countries -Armenia, Bangladesh, Ghana, Nicaragua and Zambia.