the Closures and the termination of the supply of food in some regions of the world led to the growth of prices for flour and rice, cereals, citrus, seafood, and coffee Arabica. In addition, many countries restrict the export of socially significant products. However, the effect of violations of the supply chain will be closed by decrease of purchasing power, which will replace the speculative demand that occurred at the beginning of the crisis, says Professor of the Ranepa Vasily Uzun. According to the IMF, the crisis will be the biggest since the great depression. However, if the epidemic can be stopped in the second half of this year, the crisis quickly replaced by the recovery. The IMF expects a decline of world trade by 11% in 2020 and rising by 8.4% in 2021.
Food leave without permission
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