THERE are various negative multiplier effects of the Covid-19 pandemic that includes unemployment, exchange rate volatility, rising inflation, disruption of the supply and demand of goods and services, the disruption of the value chain and distribution systems, and worst of all loss of human lives.Loss of human lives can simply mean loss of human capital which is a key and necessary factor in all economic activities.Covid-19 has very devastating effects not only on people’s direct health, but also on the well-being of a country’s economy, especially food prices not only in Zambia, but across the globe.It is worth to demonstrate to the Zambian citizenry how Covid-19 has affected the food prices. Covid-19 has affected the cost of food production from the farms, chain of distribution to consumers. This is in terms of the cost of production, supply and distribution. The volatility in food production and supply has been caused by measures that have been put […]
THE IMPACT OF COVID-19 ON FOOD PRICES ACROSS THE GLOBE
