Bans and restrictions on food exports are “counterproductive” against the global food crisis and drive rising domestic prices “even higher,” World Bank directors said Wednesday. In a blog post, World Bank Managing Director of Development Policy and Partnerships Mari Elka Pangestu and Managing Director of Operations Axel van Trotsenburg called for export restrictions to be “halted and reversed” to combat the worsening crisis. The current price surge has been fueled by the COVID-19 pandemic, supply chain bottlenecks, the high cost of energy and other global issues, but is exacerbated by the war in Ukraine, a top global food supplier. The conflict not only disrupted production in Ukra
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