I have just stumbled on a good paper found on Bloomberg website. I recommend reading it.
Link: http://www.bloomberg.com/news/2011-02-13/roubini-s-next-crisis-makes-food-for-thought-commentary-by-william-pesek.html
Excerpt:
"What’s killing households surviving on a few dollars a day is price volatility. If you spend almost half of your income to fill bellies, a 10 percent surge in cooking oil, wheat or chili peppers is devastating. It’s hard enough to pay rent and handle health-care costs today, never mind investing in education."
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