The war in Ukraine could soon deliver a tragic blow to many of the world’s poorest countries:
, the World Bank’s latest data show. Over the next year, the tab for imports of wheat, rice, and maize in these countries is expected to rise by the equivalent of more than 1 percent of GDP. That is more than twice the size of the 2021-2022 increase—and, given the relatively small size of these economies, it’s also twice as large as the expected increase for middle-income economies.
You must be logged in to post a comment.