World hunger is not new. Before the current price increase, 850 million people – 13% of the world’s population – were chronically hungry. The number of under-fed people has steadily climbed over the past decade. Now, the World Food Programme estimates that the crisis has driven another 100 million people into hunger, including even urban middle class people in Indonesia and Mexico. Katarina Wahlberg discusses strategic approaches against starvation. >>> more
More on the current food crisis
Food Crisis: In Grip of Financial Markets The current price hike in food markets, some say, is caused by increasing demand, be it from emerging economies or for the production of biofuels, by rising input prices, such as oil and fertilizer, and by low stocks. Others consider food speculation the culprit. No doubt, agflation as the phenomenon has been dubbed, can partially be explained by speculation. >>> more
Livestock: Contracted in Global Value Chains In times of rising food prices, not only agrofuels but also industrial livestock production is under scrutiny. It is based on concentrate feed that competes directly with food and fuel, and indirectly for land and water resources. In addition, the livestock’s greenhouse gas emissions, as well as increasing human health costs and animal welfare concerns are calling for a change. >>> more
Are We Approaching a Global Food Crisis? By the end of the 1990s, food prices had plummeted to historic lows. But after the turn of the millennium, prices began to increase. And since 2006, food prices have escalated dramatically, raising fears of a global food crisis. The rapid price increase will worsen the already dire situation for the world's poor and hungry. >>> more
Financial Volatility and Food Crisis at UNCTAD XII Limiting the impact of financial volatility and soaring food prices on the world's poorest and ensuring that the global economy benefits developing countries are among the key topics of the XII Ministerial Meeting of the United Nations Conference on Trade and Development (UNCTAD XII), held in Accra, Ghana, from 20 to 25 April 2008. >>> more
Bob Zoellick's Newest Blueprint for the World Bank In the run-up to the Spring Meetings, Bob Zoellick, the President of the World Bank, outlined last week, during a major policy speech at the Center for Global Development four strategic areas where he sees a need for immediate World Bank action. These are the global food policy, the Doha Trade Deal, the Extractive Industries Transparency Initiative, and Sovereign Wealth Funds (SWF) investment in Africa. >>> more
Agro-Fuels and Social Movements in Brazil A heated international debate has been triggered by fuels derived from plants. Brazil plays an important role in this discussion. The social movements of landless, agricultural workers and small farmers have now intensified their efforts to initiate a dialogue about the conflict-charged future of agro-fuels. >>> more
After decades of isolation - imposed by major OECD countries out of concern for the country's human rights violations - Myanmar is emerging as a new darling of the "West" - judging by the accelerating succession of visits by senior officials and gurus. New groups of investors are waiting to enter the country as soon as possible.
Persistent high unemployment, the euro area debt crisis and premature fiscal austerity have already slowed global growth and factor into the possibility of a new recession. Now the United Nations have downgraded significantly its forecasts for the world economy in the next year.
Eastern European states are in for a new round of the crisis. The external control of the banking sector and high reliance on external credit has landed the countries of Eastern Europe in a vulnerable position. Now, credit flows from Western banks are drying up again. Hungary has been the first country in the region to ask for IMF support again.
While the G20 efforts to manage global aggregate demand, exchange rate management and stronger regulation of the international financial sector have not worked out quite as planned, in Cannes the Group was further solidifying its role in directing the system of multilateral institutions.
In November 2011, the German Federal Ministry for Economic Cooperation and Development (BMZ) is celebrating its 50th anniversary.The new Minister, Dirk Niebel of the (neo)-liberal FDP has launched a 'radical change of course'. In the recent edition of the Reality of Aid shadow report the change is analyzed.