Litcius/Paper detail

Predicting Food Crises

Phoebe Spencer, Aart Kraay, Dieter Wang, Bo Pieter Johannes Andrée

2020World Bank, Washington, DC eBooks41 citationsDOIOpen Access PDF

Abstract

Globally, more than 130 million people are estimated to be in food crisis. These humanitarian disasters are associated with severe impacts on livelihoods that can reverse years of development gains. The existing outlooks of crisis-affected populations rely on expert assessment of evidence and are limited in their temporal frequency and ability to look beyond several months. This paper presents a statistical forecasting approach to predict the outbreak of food crises with sufficient lead time for preventive action. Different use cases are explored related to possible alternative targeting policies and the levels at which finance is typically unlocked. The results indicate that, particularly at longer forecasting horizons, the statistical predictions compare favorably to expert-based outlooks. The paper concludes that statistical models demonstrate good ability to detect future outbreaks of food crises and that using statistical forecasting approaches may help increase lead time for action.

Topics & Concepts

BusinessAgricultural risk and resilience
Predicting Food Crises | Litcius