In response to the global economic crisis of 2007-2008, the United States has responded accordingly with an increase in funding to international relief organizations. The economic downturn has resulted in a severe spike in food prices around the world, making an already difficult situation for those in the developing world much worse.
According to the US Agency for International Development, many in the developing world spend 50-60% of their incomes on food, making it virtually impossible for families to rise above levels of daily subsistence.
In an effort to alleviate much of this burden and to help reach the objective of Millennium Development Goal #1, ending global poverty and hunger, the United States has teamed with numerous governmental and non-governmental organizations around the world to lessen the strain that rising food costs have placed on families within the developing world.
- Tiffanie Depew
SOURCE: USAID
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