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Op-Ed
March 17, 2022
Russia’s invasion of Ukraine threatens to cause more disruption to the global food system by dramatically increasing the cost of staple foods and the energy required to transport them. The Black Sea region is responsible for the export of at least 12 percent of global food calories, so cutting off a...
Op-Ed
January 28, 2022
Consider the situation. Faced with growing fiscal stress, the government of an energy exporting country decides to cut generous subsidies, doubling the fuel price overnight.
Protestors are out on the streets, clashing violently with security forces called in to maintain law and order. They vent t...