Going Green

Friday, April 25, 2008

Complexity of the Global Food Crisis

The article linked below from the BBC is one of the more thoughtful that I've found on the "global food crisis." It discusses the complexity of issues that have contributed to rising food prices rather than seeking to place blame on a particular factor.

How to solve the global food crisis

By Kaushik Basu
Professor of economics, Cornell University

The world economy has many problems but none more pressing than what is happening to food prices.

There have been food riots in Haiti, the Philippines, Ethiopia, Indonesia and several other nations.

Twenty thousand desperate textile workers in Bangladesh went on a rampage, giving rise to fears of wider instability, since the garment industry accounts for three-fourths of the country's exports.

Global food prices have been rising over the last three years; but in the last few months they have spiralled out of control.

Over the last 12 months the...(complete article here).

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